Introduction to Palatial Destinations

Palatial Destinations offers fractional ownership in exceptional luxury homes of the most desirable locations. An alternative to second or third home purchases, fractional ownership with Palatial Destinations is a very special opportunity and offers both complete access to premier vacation locations and true deeded ownership and interest in an outstanding luxury residence.

Palatial Destinations' fractional ownership solution provides the opportunity to own a multi-million dollar vacation estate for a mere fraction of its value.

Palatial Destinations was founded on the belief that the discriminating consumer desires a vacation experience that surpasses the ordinary. Palatial Destinations provides the same concierge-level of service found at fine resorts and combines it with a fractional ownership structure in the most exclusive, multi-million dollar private residences.

Overview of Fractional Ownership

Palatial Destinations' fractional ownership solution gives you the opportunity to own a multi-million dollar vacation estate for a mere fraction of its value. The sad reality of fully owning a second or third home is that the use does not justify the expense. Most second-home owners use their residences approximately 21 days a year—an amount of time that hardly merits the costs and responsibilities involved.

Palatial Destinations carefully selects only the most exceptional estates, such as DeSoto Grande, and potential ownership participants. You will have deeded interest in a multi-million dollar estate for less than a typical down payment for such a property. This interest, typically offered at 1/8 to 1/13 fractions, provides you with four to six weeks use of the estate on a fixed rotating schedule.

Each owner receives a fee simple deed of ownership. All owners share expenses, such as property taxes and maintenance, equally. We ensure that the property will be immaculately maintained. Fractional Ownership, An Idea Whose Time Has Come.

Palatial Destination’s Comprehensive Fractional Consulting Services

Development Services
Palatial Destinations' team is uniquely qualified to assist you with your project. Our experience provides the following development services to take the project from inception to grand opening such as:

• Site acquisition 
• Due diligence
• Perform an analysis
• Site plan layout
• Government approvals
• Financing
• Property management

Our experience in the industry
The collective experience of the Palatial Destination team has documented involvement in approximately half of all fractional projects ever done throughout the world.

Palatial Destination’s consulting team is designed and organized to immediately be able to immerse itself into every aspect of our clients’ development project: how to design products that meet consumer needs; how to differentiate “me too” products from competitive offerings; and how to aggressively attack each market with exactly the right combination of advertising, promotion and professional sales effort.

Key Differentiating Factor
According to Adam R. Eberle, managing partner at Palatial Destinations, our philosophy on offering consulting services to other developers is as follows:

“Unlike most other consultants, Palatial Destinations believes in earning a fee based on the performance and economic outcome of our clients.  This performance can be clearly measured by the success of our clients’ projects and the profitability.  A compensation plan will be proposed that rewards our expertise in producing a profitable outcome for our clients, not excessive monthly fees without any guarantee of performance.”  This is the Palatial Destinations difference.

We provide consulting services on a wide range of real estate issues; our work varies from single-day visits to completion of specific one-time projects.

To arrange a time to discuss your specific needs, please contact:

Adam R. Eberle
(843) 491-4525
aeberle@palatialdestinations.com

Corporate Overview of Palatial Destinations

Our distinctive experience, management skill and commitment to your satisfaction help ensure the success of your investment in luxury and leisure time. We look forward to helping you create the vacation lifestyle of your dreams. 

Norman B. Scott Jr., Founder and Partner | Mr. Scott’s experience in fractional ownership, real estate management and rental management dates back to 1990 when he moved to Myrtle Beach, South Carolina from Charlotte, North Carolina.  At that time, he and his brother, Michael Scott (now deceased), started two companies that eventually merged into one known as Tartan.  Since getting into the real estate business, Mr. Scott has gained licensure in North Carolina, South Caroline, and Florida as a real estate broker.  Additionally, he has a Community Association Management license in Florida.  During the 15 plus years he has been in the real estate business, Mr. Scott has been involved on community association boards and condo design and a leader in the use of the internet for marketing real estate long before it was fashionable in 1994.  Mr. Scott is a member of ARDA and has served on the board of directors of the Cooperative Association of Resort Exchangers first as a Vice President and now as most recent past Treasurer.

In late 2004, Mr. Scott brought the concept of high-end fractional sales to both his partners, James McMaster and Richard Hedberg, and Palatial Destinations was born.  With Adam Eberle added to the team, Palatial Destinations now has projects in exclusive destinations located in Costa Rica, St. Maarten and Florida.

Mr. Scott and his wife Carlisle have two grown children, three grandchildren, and one-seven -year old son living at home.

Adam R. Eberle, Managing Partner | Mr. Eberle has an extensive background in numerous entrepreneurial ventures in addition to a successful corporate career. Mr. Eberle's career highlights include his role as a Vice President of Sales for a leading technology company. During this time, he was directly involved and credited with designing and implementing several innovative business methodologies and financial structures. His contributions helped play a pivotal role in this company's inception in its early stages and in later growth periods. This experience as well as others, serves him well as the Managing Partner with Palatial Destinations.

Mr. Eberle brings a wealth of academic and practical experience to the solution of real estate issues including determining the best use for a given piece of land; judging the accuracy of pro forma assumptions; assessing a project’s potential for regional marketing; dealing with stalled sales or low closing ratios; or assuring that money committed to marketing is being effectively spent.  Over the past 15 years, Mr. Eberle has mastered each step in the marketing process through observation, research, testing and simple trial and error.  He knows how to generate leads efficiently, how to motivate prospect visitation and how to maximize sales closing ratios on site. He brings this experience and skill to the Palatial Destinations' team.

Mr. Eberle also devotes personal time to community and philanthropic activities.  He currently serves as the Vice President of the Board of Directors for Big Brothers, Big Sisters of North Central Wisconsin.  He is passionate about the value of mentoring and its positive effects on youth.

Mr. Eberle and his wife Katie reside in Sarasota, Florida and Tomahawk, Wisconsin.  They have two son's, Lewis and Grant.  Mr. Eberle earned a bachelor of arts degree, with a concentration in organization communication and economics from The University of Wisconsin, Eau Claire. 

Richard E. Hedberg, Partner | Mr. Hedberg has been developing commercial, residential and vacation properties for the past 35 years in the New Hampshire, Wisconsin, South Carolina and Florida markets.

Mr. Hedberg started his career as a Senior Administrator in prominent secondary education institutions.  He transitioned into developing a sales and marketing firm representing several companies that sold raw materials to the automotive, health care and farm implement industry.  Mr. Hedberg also worked for many years in the nonprofit consulting field, first with a nationally recognized firm and then with his own successful consulting business that had offices in St. Louis and Wisconsin.  In addition to consulting, sales and marketing, as well as real estate development, Mr. Hedberg is the owner of two manufacturing concerns located in the Midwest.  He is a member of the Cooperative Association of Resort Exchangers (C.A.R.E.) and has participated in numerous ARDA conferences.

Mr. Hedberg along with his partners Jay McMaster, Norman B. Scott, Jr. and Adam Eberle, created Palatial Destinations to meet the need for high-end fractional ownership in the most exclusive destinations in the world.  Palatial Destinations’ current projects include premium homes in Costa Rica and St. Maarten and a development project in Sarasota, Florida.  Mr. Hedberg is involved in product development and the coordination of financing for Palatial Destinations.  To date, he has traveled to Hawaii, St. Maarten, Belize and Costa Rica in search of appropriate fractional properties.

Mr. Hedberg and his wife Barbara, reside in Madison, Wisconsin and Hilton Head Island, South Carolina.  They have four children and five grandchildren.

James R. McMaster, Partner | Mr. McMaster is a seasoned corporate executive who brings more than 30 years of management expertise to the Palatial Destinations team.  He was formerly the executive vice president of a major corporation and has a proven track record of success in managing and growing a major entity.  Mr. McMaster’s development experience in the real estate industry blossomed after he retired in the late 80s from his corporate career.  Since then, he has been involved with numerous large and small condominium projects in the Destin/Panama City area.

Mr. McMaster and his partners created Palatial Destinations to meet the needs of those searching for high-end fractional ownership in renowned destinations around the world

Mr. McMaster and his wife Betty reside in Atlanta, Georgia and Panama City, Florida.

Frequently Asked Questions

What is fractional ownership? Fractional ownership is among the fastest growing segments in real estate in the country. Fractional ownership is an alternative to a high-priced second or vacation residence. Families purchase only as much of a multi-million dollar residence as they will actually use and pay a fraction of the cost of an expensive second home.

What are the advantages of such ownership? The fractional ownership residence has been designed to provide considerably more quality, convenience, services and treatment than a conventional vacation home. DeSoto Grande provides you with a unique experience at one of the most cherished locations on the Gulf Coast of Florida. It combines virtually all of the benefits of whole ownership with the services and treatment of a fine hotel, without worry and absolutely hassle free.

How often can owners use their vacation residence at DeSoto Grande? Virtually as often as you wish, subject to DeSoto Grande procedures. Owners have guaranteed usage of a two-consecutive-week Primary Use Period each year plus an additional two weeks of Planned Vacations on a rotating priority basis. Additional usage may be available through a Space Available program.

How is ownership evidenced? Each owner of a Palatial Destinations' residence receives a fee simple deed in the real estate being sold.  Shared ownership is not a new idea. Friends and families have been sharing ownership of vacation properties for generations. The problem with that kind of shared ownership was that everyone appeared on the deed, which led, sometimes, to entanglements and unpleasant situations in regard to who used it when, who paid for what and what happened when someone wanted out of the shared ownership. Fractional ownership removes all entanglements and unpleasant situations because each owner has a separate deed and usage, maintenance and rules governing the program are pre-determined, making is worry free, hassle free and with no surprises.

How many fractional ownerships will be sold? Each residence is unique.  For example, the DeSoto Grande is an exclusive offering with only eight luxurious residences with a total of no more than 13 separate owners for each residence.  In contrast, the Palatial Destinations on St. Maarten, La Brise, offers eight owners an opportunity to purchase the residence

Can ownership interests be sold? Yes. The same rights as if you owned the entire residence like all other forms of real estate ownership. 

What are the advantages between owning a Palatial Destinations' residence from a regular home on an island? Palatial Destinations owners will experience the convenience and energy of living in the most premier locations offering a vast selection of restaurants and local attractions, without the normal home ownership issues. There will be no anxiety about ongoing maintenance, storm protection, leasing or bill paying. Further, your vacation will not be encumbered with the time normally spent grocery shopping and making reservations for tee times, theatre, theme parks and restaurants ... all of that will be handled for you before you arrive or during your stay.

What are the benefits that a Palatial Destinations' residence owner has over a hotel or other rental guest? In addition to the impeccable standards of each residence, fixtures and furnishings, Palatial Destinations owners will enjoy the benefits of a dedicated concierge for all your vacation needs such as dinner reservations, pre-arrival shopping and personal storage items placed in your residence, as well as personal VIP treatment.

How is a Palatial Destinations different from a timeshare development? Timeshare is strictly a vacation product where people pre-purchase one or two weeks of vacation at their home resort and have the ability to exchange their vacation through an exchange company. It is a mass market product for the broadest cross section of the population and serves their vacation needs very nicely. Every Palatial Destinations is a commitment to a leisure lifestyle in a location where owners desire to return periodically throughout the year. It is a different product than timeshare, designed for a second home buyer, used in a different manner and sold differently as well. It combines all of the benefits of owning a second home with the services and amenities of a fine hotel, without the responsibility, worry or hassle of owning a second home. Palatial Destinations offers an ownership opportunity catering to second home owners who seek an exceptional vacation experience and leisure lifestyle.

What about pricing? Pricing, when compared to alternative beachfront second home ownership on Anna Maria Island, is one of the most compelling reasons for purchasing at DeSoto Grande. A survey of available properties reveals prices that are 10 times, or more, than the investment in DeSoto Grande.

The residences are all three bedrooms and are located on the second and third floor above the covered parking area. Ownership at DeSoto Grande starts at under $200,000.

What are the ongoing costs of owning a Palatial Destinations? Actual maintenance and all operational expenses of each residence, including insurance, real estate taxes and a reserve fund, will be scheduled and allocated to the property on a pro-rata basis. These expenses will be controlled by the Condominium Association, which is controlled by a vote of the association members. Only actual costs associated with the maintenance and operation of each residence are passed through to ownership, similar to any costs associated with the upkeep of a vacation home, to ensure a very reasonable annual cost.

Press Releases

TripAdvisor Web site says Anna Maria is a hot place
Palatial Destinations, developer of fractional ownership project DeSoto Grande on Anna Maria Island, is delighted that Massachusetts-based Trip-Advisor.com is high on Anna Maria Island.

PALATIAL DESTINATIONS PIONEERS FRACTIONAL OWNERSHIP
SARASOTA, Fla…Palatial Destinations, a leader in fractional ownership of luxury real estate, recently announced the launch of its newest residence of distinction…DeSoto Grande Anna Maria Island. The arrival of DeSoto Grande and Palatial Destinations now provides Florida’s Gulf Coast with ownership opportunities of luxury real estate at a fraction of the cost.

DESOTO GRANDE LAUNCHES SALES ON ANNA MARIA ISLAND
SARASOTA, Fla…Palatial Destinations recently launched the sales of its newest fractional ownership opportunity, DeSoto Grande Anna Maria Island. Complementing the sales launch, Massachusetts-based Trip Advisor named Anna Maria Island as the number one travel destination in the United States for the upcoming year.

Sarasota Magazine Homebuyer Community Closeup
Palatial Destinations recently introduced its premier Residence of Distinction, De Soto Grande on Anna Maria Island. An exclusive fractional ownership opportunity, De Soto Grande offers a lifestyle of leisure and luxury—all of the benefits of vacation home ownership with none of the worry.

Hilton starts spreading the news of urban timeshare
Palatial Resorts is in for the long haul and expects a high payoff once urban partial ownership becomes part of the established norm. That is, after the pioneers, as Palatial managing partner Adam Eberle would say, take the painful first steps.

Divi, Palatial move forward in Caribbean
Palatial Destinations expand their footprints in the getaway regions.

'Fractional' developers say the units will move
De Soto Grande Anna Maria Island recently began selling "fractional ownership units." With prices of vacation homes rising, two local fractional project developers say theirs is an idea whose time has come.

Fractional ownership new idea in real estate
Fractional ownership is a fairly new concept in real estate, one that seems to have evolved from the time-share. De Soto Grande, on Anna Maria Island, demonstrates the difference.