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SunVest Realty Group, an Orlando-based real-estate development company, acquired Oak Plantation Vacation Ownership Resort from Oak Plantation Joint Venture

Hotel & Motel Management, June 7, 2004 by Elaine Simon

* SunVest Realty Group, an Orlando-based real-estate development company, acquired Oak Plantation Vacation Ownership Resort from Oak Plantation Joint Venture, an affiliate of Starwood Vacation Ownership. The multimillion-dollar purchase includes the remaining inventory of about 7,000 interval weeks. Mortgage financing is being provided by the Resort Receivables Division of Textron Financial. The resort has 242 vacation-ownership units.

Elaine Simon, esimon@advanstar.com

COPYRIGHT 2004 Questex Media Group, Inc.
COPYRIGHT 2008 Gale, Cengage Learning
 

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