Residences on King to be New Residence Club

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(Charleston, SC) -- Fractional real estate pioneer DCP International recently announced   the Antique District of Charleston will be the setting of America's newest urban residence club called The Residences on King.

DCP International, which pioneered the residence club real estate concept more than two decades ago, has been retained by Jeffrey R. Anderson Real Estate to structure, market and sell Charleston's first luxury fractional real estate development.  In addition to creating the world's first residence club at Utah's top-rated Deer Valley Resort, DCP brought to market the highly successful Phillips Club, the world's first urban residence club located next to Lincoln Center in Manhattan.

"We have worked with DCP in the past so we know they are the best in the business," said J.R. Anderson, vice president of development for Cincinnati-based Jeffrey R. Anderson Real Estate.

The new owner of the historic Restoration on King building is a privately-owned developer of fashion and entertainment based Lifestyle Centers, mixed-use developments, traditional grocery-anchored retail centers, and Class A office buildings, as well as owner/operators of numerous restaurants.

"We were fortunate to acquire this incredible building at an excellent price," Anderson said. "Our competitive basis combined with the residence club structure will allow us to offer an amazing value to our residence club buyers."

Restoration on King was meticulously renovated as a luxury condominium project but its completion dovetailed with the real estate crash. The original developer converted the project to Charleston's first luxury boutique hotel. Since its opening in 2010, Restoration on King has earned AAA Four Diamond status and was among the Top 25 Hotels in The United States in TripAdvisor's Travelers' Choice 2012 Awards. The building will now evolve from a hotel to a residence club.

"This is the same transition we made at The Phillips Club in Manhattan, only on a smaller scale," noted Steve Dering, founding partner of DCP International. "The Phillips Club was built as an extended-stay apartment hotel. Hotel operations continued as we sold residence club ownerships and converted hotel inventory to club inventory. More than $120 million in sales later, the residence club consumed the entire building. The Residences on King is a more intimate property but equally exciting. It's a beautiful building in a great location with exquisite one- and two-bedroom apartments."

Anderson is bullish about future demand for Charleston's newest luxury real estate offering.

"During the short time we have owned the building, it's amazing how many people have made unsolicited inquiries about owning at Restoration on King," said Anderson. "Now they can."

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Royal Cancun, Gran Caribe Real Resort Join Interval International

(Cancun, Mexico) -- Two of Cancun's top Hotel Zone resorts - The Royal Cancun and Gran Caribe Real Resort & Spa - announced they were joining Interval International's timeshare exchange network.Located side-by-side in Cancun's famous Hotel Zone; these oceanfront resorts showcase two distinct vacation experiences within Real Resorts' portfolio of luxury, all-inclusive properties in the Mexican Caribbean.

"We're thrilled to partner with the well-respected Real Resorts, who has established a strong lifestyle-based brand that holds great appeal for couples and families," said Marcos Agostini, Interval's vice president of resort sales and service for Latin America. "These all-inclusive properties will make wonderful additions to our quality network since this style of vacationing is very popular with our members."

The Royal Cancun is a favorite of those looking for a romantic getaway. The adults-only property features 280 elegantly appointed suites with handcrafted mahogany furniture, private terraces with unobstructed views of the Caribbean Sea, a 32-inch rotating LCD satellite TV and DVD/CD player, and high-speed Internet. Among the onsite amenities are seven gourmet restaurants and cafés, SPAzul, Cancun's only ocean view spa; art gallery, travel agency, state-of-the-art Life Fitness Center, Olympic-size infinity edge swimming pool with 50-meter lap lane, and oceanfront pool.

Guests also can choose from a variety of activities ranging from tennis, volleyball, and billiards, to an introductory scuba diving lesson or a sommelier-guided wine tasting.

"Our company successfully launched Club Real Resorts in 2007 and we have never looked back," said Fernando García Zalvidea, president of Real Resorts. "Each resort is designed to offer members and guests memorable vacations that provide the best of everything - from the moment they arrive to when they leave - and allow them to vacation in an ambiance of casual elegance.

The family-friendly Gran Caribe Real Resort & Spa comprises 487 suites with open interiors, arched doorways, columns, swag drapes, dark wood furnishings, private balconies, and satellite TV and CD/DVD player. On-site amenities include eight restaurants and bars, a private beach with curtained cabanas, two freshwater swimming pools, SPAreal with sauna, steam bath and hydrotherapy facilities; Life Fitness Center, Oki Splash water park, Oki Kid's Club with a castle and pirate ship, and T-Zone Club for teenagers.

"An uncompromising commitment to quality, personal service, and traditional Mexican hospitality are key components of Club Real Resorts' guiding principle: 'Exceeding Your Expectations,'" said Francisco Aranda, director general of Club Real Resorts. "We look forward to welcoming Interval members to our properties and offering our members the opportunity to visit other high-caliber resorts throughout the world."

Interval International now features an exchange network of more than 2,600 resorts in over 75 nations.