Pre-Registration is Closed:  WALK-INS Are Welcome

Fractional Real Estate & Vacation Properties Summit

May 24, 2012
Golden Valley Country Club 7001
Golden Valley Rd. Golden Valley, MN 55427

7:15 am Registration
7:30 am Hot Breakfast Buffet
7:55 am - 12:00 pm Program

WALK-INS ARE WELCOME

7:55 AM Welcome and Introduction
Emcee: John Fedo, Voyagers Retreat

8:00 AM State of the Fractional Real Estate Industry & Vacation Properties Market
Keynote Speaker: Richard Ragatz, Ragatz & Associates
• What is Fractional Real Estate and how is it different then Time Shares
• What is the advantages & pitfalls with Fractional Real Estate
• Who is doing Fractional Real Estate and Why
• What types of property can you Fractionalize
• Why does Fractional Real Estate work so well for Vacation Properties
• What is the history of Fractional Real Estate
• What part of the country is Fractional Real Estate popular

8:45 AM Critical Legal and Financing Consideration
Moderator: Herb Tousley, University of St. Thomas
Larry Wertheim, Kennedy Graven
Dave Pierret, American Bank
Richard G. Marks, Universal Valuation Services
• How to structure your Fractional Real Estate Project
• How many Fractional Shares are required per Property
• What is the best Legal Structure that will Lead to a Sellout
• Other Important Legal & Trustee Issues
• What are the sources of Debt & Equity
• What type of underwriting is required for the Developer and Fractional Owners
• Who is lending to this market and why
• Other Capital Market Considerations

9:30 AM Break

9:40 AM Fractional Real Estate & Vacation Properties Opportunities in Minnesota: Case Studies
Moderator: John Fedo, Voyagers Retreat
Mike Peterson, Fractional Realty
Linda Johnson, Giants Ridge
• Project Spotlight: Voyagers Retreat in Northeastern Minnesota
• Why Giants Ridge and what are the area amenities
• What types opportunities are available and How are deals getting done
• What are the Challenges to complete the project

10:30 AM How to Position and Bring a Property to Market
Moderator: Eric Canfield, Lakeshore Dreams
Bill Bisanz, Elite Destination Homes
Bob Ryan, Odyssey Development
Jamie Tatge, Leisure Hotels and Resorts
• How to Strategize, Brand & Budget to Market your Project
• How to Market your Fractional Real Estate for Rent
• Who is Fractional Real Estate & Why
• The importance of having a good management & fulfillment company in place

11:15 AM Trends in Consumer & Market Behavior in the Vacation Properties Industry
Moderator: Lee Kerfoot, Timm & Associates
Colleen Tollefson, Explore Minnesota
Mark Ronnei, Grand View Lodge
Bruce Kerfoot, Gunflint Lodge
Erick Jorgensen, Fractional Exchange
• How to respond to market research to provide buyers what they want
• What are the latest Trends in Vacation Real Estate & Luxury Lodging
• What projects will prosper and Why
• Is Fractional Real Estate a trend or fad
• How to successfully develop and build your own Fractional Real Estate Project
• The Benefits of incorporating a Fraction Real Estate Exchange Program
• Future forecast and predictions
12:00 PM Adjourn & Networking

Conference Information:
Jay Kodytek
jkodytek@rejournals.com
952-405-7781

Registration Information:
Alan Davis
952-405-7783
adavis@recg.com