Williams Island Club
Williams Island is an 82-acre private Club and Condominium development located in Aventura, FL. Through their work with Club Specialists International, they were able to attain an over 80% positive member vote to acquire the Club facilities and had a 3-Year strategic plan in place from the very first day.
Issue
Williams Island Club’s board and developer had reached an impasse when negotiating an equity conversion from the developer to the members.
Initiatives
Working with Williams Island Club, we sought to:
2
Help the board and developer negotiate price, terms, and specific deal points
3
Provide sustainable solutions that worked for all 1,900 property owners
4
Develop a real estate marketing plan designed to restore liquidity to re-sales
5
Develop and distribute communications to all members during the process
6
Design and present “the deal” to the club membership
Results
Through strategic initiatives, the Williams Island Club was able to achieve:
Over 80% positive member vote to acquire the Club facilities
Secured membership fees and loans which totaled $14.4 million
Detailed operating budget in place for the real estate and Club
