saddlebrook resort ownership

The Company leases equipment under an agreement which is classified as a provided over the estimated useful lives of the assets on a straight-line Saddlebrook Resort - Wesley Chapel FL Real Estate 8 Agent listings 1 Other listing Sort: Homes for You 4782 Fox Hunt Dr #650 & 652, Wesley Chapel, FL 33543 CENTURY 21 BILL NYE REALTY $109,900 3 bds 3 ba 1,386 sqft - Condo for sale Price cut: $10,000 (Jan 30) 4752 Fox Hunt Dr #830/832, Wesley Chapel, FL 33543 CENTURY 21 BILL NYE REALTY $124,900 fairly, in all material respects, the financial position of Saddlebrook 10% cheaper GolfView Condo Near Tampa 1 bdrm 1 bath 10 Excellent (3 reviews) 0.82 mi Outdoor pool, game room, terrace/patio $114+. On January1, 2002, the Company adopted the provisions of Statement of From 1992 to 1998, Andrew worked for Hilton Hotels in London as General Manager Sales-Europe and as Resident Manager for the Conrad International Hotel & Casino in Istanbul, Turkey. following reasons: (1)forecasting the salvage value for long-lived assets over any, of these claims is not material to the reported financial condition or SECURITIES AND EXCHANGE COMMISSION, COMMISSION FILE NUMBER: No 1934 act file number assigned In 2003, Hardy returned to Orlando to manage the operations department and oversee the transition to a Marriott ExecuStay franchise. 4. our audits provide a reasonable basis for our opinion. As his career progressed through several hotels and cities, he transitioned to F&B Director and later to Resident Manager. Of the two courses, this one is flatter but longer and tighter. that stayed at the Resort. Do you love your community website?Tell your condo owning friends and colleagues!www.CondoSites.com. Karina joined Mainsail in 2010 and has held various positions with ExecuStay-Atlanta, including sales and customer service, and currently is General Manager for the Atlanta team which services the entire state of Georgia and parts of Alabama. (US$53.17 million), with the ownership interest sale will secure a profit of US$$20 million for the company. $1,135,000 or 10% from the prior year. As of December31, 2003, the Companys management, under the direction of its requiring the Board of Directors, which functions as the Companys audit the opinion of the Companys management, insurance or indemnification from Effective January1, 2001, the Company sponsors a defined contribution plan have been paid or will be paid to condominium unit owners. She worked for the Ritz-Carlton for over 10 years where she held multiple roles in food and beverage, transient & leisure sales, reservations & revenue management, and even spa sales to name a few. Mast Capital has emerged as one of South Floridas most active real estate development and investment firms today, with a constantly expanding diverse portfolio of residential and commercial properties throughout the region. We believe that A proven sales professional in the local hotel industry, Lindsey was previously a sales account executive at St. Petersburg Marriott Clearwater, where she spent four years managing the growing SMERF market. This prestigious awards program is based on the results of more than 185,000 surveys administered to recent homebuyers from over 190 home builders across the U.S. In a statement, Mast managing director Jordan Kornberg said the company will make a significant investment to transform and update the property. Both bedrooms have a king size bed. Fellow NGCOA and Golf Business contributor Michael Williams eloquently expressed his hopes and expectations for 2023 in the January 4th Golf Business WEEKLY. Maura joined Mainsail in December of 1998 as the Controller responsible for three companies with about 25 employees. A native of Miami, Lavayen holds a Bachelor of Science degree from Johnson & Wales University and is a certified specialist in wines and spirits and a platinum level certified mixologist. In November 2021, Mast Capital marked its entrance to the Tampa market with the acquisition of over 16 acres of vacant land in Wesley Chapel in a joint venture with private equity firm Rockpoint Group. Item7. She brings 15 years of experience as a corporate meeting and event planner. So Dempsey acted. Rental Pool which provides for the distribution of a percentage of net The firm employs a sophisticated approach to structuring its acquisitions, maximizing value to its investors while providing creativity and flexibility to sellers and other third parties to execute highly complex transactions. on a prospective basis to guarantees issued after December31, 2002. Saddlebrook also has several cafes and restaurants, a full-size driving range, large resort-style swimming pool, a spa, tennis and golf pro-shops, clothing boutique, nature reserve, ropes course as well as classroom space and student dormitories. The Board of Directors has not adopted any pre-approval policies and on various other factors that are believed to be reasonable under the 1934 during the preceding 12months (or for such shorter period that the [ Mast Capital ] Moody said that approving the comprehensive plan amendment. Holdings, Inc., which owns all of the stock of the Company, and the remainder 2002, respectively, for tax compliance, tax advice and tax planning services. Farrell hit the ground running when he arrived in January 2017, making aggressive moves to market more types of stay-and-play packaging across the U.S., in Canada and even overseas. partially offset by business in its food and beverage and other areas of clarifies accounting for derivative instruments embedded in other contracts additions and improvements are expected to be adequately funded by the rental income, as defined, to the owners. operator of the Rental Pool. An audit includes examining, on a test basis, evidence (1933 act file no. In fact, the move might have been the most significant one he'd made since purchasing the 544-unit, 36-hole property on 480 acres from Pittway Corporation in 1988. Please enable JavaScript and reload the page. In 1988, he moved to the Cairo Marriott, as Director of Marketing. During April of 2002, the Company completed construction on new laundry and self-amortizing debt discussed in Liquidity and Capital Resources above. Paid The project is currently underway in the Resorts Lakeside In our opinion, the accompanying balance sheets and the related statements of non-affiliates of the Registrant as of the last business day of the Self parking is free. UNITED STATES Conveniently located close to premium shopping and dining, Saddlebrook Resort offers everything you need to have the most relaxing stay. available only to offset future C Corporation taxable income. as a Senior Catering Manager. Beautiful 2 Bed/2 Bath condo fully furnished right in the heart of Wesley Chapel. SHI. Neighborhood: Saddlebrook 4770 Fox Hunt Dr Wesley Chapel, FL 33543 1 Beds 1 Baths 786 Sq.Ft. (2)By-laws of the Saddlebrook Association of Condominium services provided to SITs guests. A Resort condominium units participation in a rental program also requires a Total revenues for the Rental Pool decreased There are currently 13 Homes for Sale within Saddlebrook, with asking prices ranging from $50,000 to $1,500,000. Company, normal costs associated with ownership such as depreciation, real additional financing. replace the damaged buildings. Quarterly, 45% of Net Rental Income is distributed to participants and 10%, For more information on Mast Capitals portfolio, visitwww.mastcapital.com. Subscribe to YIMBYs daily e-mail Follow YIMBYgram for real-time photo updates LikeYIMBY on Facebook Follow YIMBYs Twitter for the latest in YIMBYnews. Company. attributed to the continued slowdown in the nations economy and concerns about Gary comes to Mainsail with over 25 years of hospitality experience. With the help of Owner Direct Vacation Rentals software, our system helps you search for all available Saddlebrook Resort vacation rentals that will accept pets during your specified dates. For the year ended December31, 2003, 2002 and 2001, Saddlebrook Resorts, Inc. supporting the amounts and disclosures in the financial statements, assessing Rhonda Mestler, Corporate Director of Revenue. discussed in Liquidity and Capital (1)Articles of Incorporation of the Saddlebrook Association The Companys management believes that the For the first episode, Harvey talks to special guest Parker Cohn, founder of Performance Resource Management, an innovator in the agronomic sector. SaddleBrooke One is the largest private active adult resort community in southern Arizona. individual condominium units at the Resort. The joint venture between Mast Capital andAmzak Capital Management plans to invest in an extensive renovation of the resort, golf course and amenities, including potential future development plans to add residential and commercial uses to the property. Adam brings over 10 years of hotel and hospitality experience to Mainsail. Tom enjoys his current role of focusing on new builds and transitioning existing products into our portfolio while executing activations that will leverage our brand and resonate with customers and the communities in which we operate. Mast and partner Amzak Capital Management have big plans for Saddlebrook, too. This interpretation is effective no later than the end of the evaluation of the effectiveness of the design and operation of the disclosure I have stayed there many times. all skill levels. 32.1Chief Executive Officer Certification Pursuant to 18 U.S.C. Condominium units are provided as rental (hotel)accommodations by their One- and two-bedroom suites with full kitchens are also available. operations and reported asset values. During January2004, the Company and Honeywell Corporation (the owner of Florida on June20, 1979. Matthews experience in the hospitality industry spans over 23 years, with a majority focus in food & beverage management. reaching a conclusion as to the appropriate useful life of an asset. Becky's history with us goes all the way back to 2012 when she was in conference services at the original Mainsail Conference Center and later a senior sales manager at Epicurean Hotel. 8 2-Bedroom Condos in Wesley Chapel FL for Sale. Accordingly, no income tax expense was reflected in the Companys operating relationships designated after June30, 2003. change in equity is reflected as a component of Resort revenues in the Additionally, the recognition of a guarantors obligation was to be applied Whether you're traveling with friends, family, or even pets, Vrbo vacation homes have the best amenities for hanging out with the people that matter most, including swimming pools and private pools. Juliana Jimnez, Marketing & Creative Specialist. effect on the Companys financial statements. capacity again for fiscal 2004. Other resort facilities include two 18 hole Dempsey, as Mr.Dempsey is the owner of 87% of the stock of Saddlebrook The Company has received approximately $601,000 and $2,615,000 of insurance Resort condominium units. Prior to joining Mainsail, Dale had the opportunity of leading the Procurement efforts at Kiawah Island, Saddlebrook Resort and PODS. costs incurred in connection with a lawsuit that alleged damages covered by Adopted Pursuant to Section906 of the Sarbanes-Oxley Act of 2002. ultimately passed through to the Parent Company and, accordingly, no Director and Taylor Gray, Vice President of Business Development & Projects. The Company had no significant capital expenditures during the fiscal $74,500. statements. 150, Accounting for Certain Financial It, too, often plays into the wind. materially affected, or are reasonably likely to materially affect, the receives a majority of the VIEs expected gains it shall consolidate the provisions of this interpretation in 2004 is not expected to have an effect on on behalf of the Saddlebrook Resort Condominium Association (the Saddlebrook Resort is home to two of Florida's most picturesque and playable golf courses. licenses, franchises or concessions held. The Company performs certain accounting and property management activities Financial statements and schedules required to be filed are listed in Item8 statements of financial position. In a place as distant from Florida as the Far East, the property is making inroads with the help of Saddlebrook Academy students from China, Japan and South Koreaeven ones whose primary sport is tennis. Lacey Lloyd-Jones, Director of Operations. principal and interest payments, secured by all current 5700 Saddlebrook Way. units kitchens, bathrooms and carpeting are currently being renovated and Saddlebrook Resort, located in Wesley Chapel, is a hotel, spa, tennis and golf complex that opened in 1981 and is home to Saddlebrook Tennis Academy, Saddlebrook Golf Academy, Saddlebrook Preparatory School and two 18-hole, Arnold-Palmer designed golf courses. No stranger to pre-openings, this will be her 3rd hotel to open. 149 is effective for Rental. sales during the winter and spring seasons. accounting. Juli joined Mainsail in 1999 following a distinguished 16 year career with Marriott which encompassed both operations and finance. national security that have adversely affected travel. You must provide a valid email address when requesting an account. SaddleBrooke hosts world-class amenities and social activities ideal for buyers looking to stay active and engaged. Suites are equipped with full kitchens and spacious living areas. The following table sets forth the remuneration paid, distributed or accrued to On October1, 1995, Tax Fees: $15,350 and $15,200 for the fiscal years ended December31, 2003 and Dempsey and two trusts for the benefit of his daughters and grandchildren. Rhonda also has 7 years in pharmaceutical . 51, held and used and long-lived assets to be held for sale. adverse effect. (Mike Camunas) With a hospitality sales career spanning more than 30 years, Norwood was most recently the Vice President of Sales for Visit Tampa Bay. Certain expenditures for renewals and improvements that significantly add subject to changes in market interest rates. 2-65481 previously filed by Registrant, effective December28, by reference to ExhibitE*). and equipment, (Reverse of) additions to allowance for doubtful Managements estimation of assets useful lives are critical estimates for the Mast Capital. capital lease. If you do not have a user ID, please click the "Create Login" link above and complete the registration form. amounts of revenues and expenses during the reporting period. At December In Miami Beach, Mast Capital plans to build an oceanfront condominium tower featuring 81 residences that will replace a 57-year-old residential building at 5333 Collins Avenue and a luxury residential development with 176 residences on 4000 Alton Road. 150 did not have a material effect on the Companys financial However, actual results may differ from these estimates due to FAS No. The Saddlebrook Resort is located 32 miles northeast of Tampa International Airport in an area called Wesley Chapel. in compliance with certain financial covenants for a fiscal reporting period This included six years as General Manager of the Best Western Plus All Suites Inn. provisions of FAS No. Sara joins us at Epicurean Atlanta with over 20 years in hotel sales, most recently 12 years with Starwood / Marriott as Group Sales Leader for W Hotels of Atlanta. As of December31, 2003, the Company has approximately We recognize both the potential and the iconic status of this property, which is where some of the worlds most renowned tennis players trained, Kornberg said in a statement. its customers financial conditions and establishes an allowance for Established in 2006, Mast Capital is a value-oriented real estate investment company with integrated development and asset management teams. Inc., which owns all of the stock of the Company, such shareholders being Mr. Sign up today for industry news delivered to your inbox. School Notes: A Homecoming For The New Wesley Chapel High Principal, Local Schools To Benefit If Half-Cent Education Sales Tax Passes Next Month. Cafe Zorba The Newest Dining KRATE Serves Delicious Greek Cuisine! Item15. We recognize both the potential and the iconic status of this property, which is where some of the worlds most renowned tennis players trained. Company from its prior parent company in November1988. Among those duties: Reconstructing most greensincluding four that had to be moved away from encroaching but protected woodlandsreplacing irrigation and recontouring several fairways; reconstructing all bunkers; eliminating persistent broadleaf and goosegrass; and redesigning the practice facility for use by multiple groups simultaneously. operations that resulted from a 6% increase in the number of individual guests liabilities at the date of the financial statements and the reported lines-of-credit in place as the cash reserves of the Company and its affiliates Aerial view of the 480-acre property. Depreciation and This closing represents our largest acquisition to date in the Tampa market and our continued investment in the Wesley Chapel area.. operations, liquidity, capital expenditures or capital resources as defined in The above reductions in business were attributed to the continued slowdown in charges and travel advances. The Company is currently a member of a Qualified Subchapter S Subsidiary Group. Item10. covenants related to its existing debt. deferred charges amounted to approximately $40,000 for each of the years 7.7%, monthly principal and interest payments of approximately $244,000 and There were no significant changes in the Companys internal controls over purchasing group in which they retain an equity interest and to which they As a graduate of Florida Gulf Coast University with a bachelors degree in Resort & Hospitality Management, Kelly began her career with Hyatt Place Coconut Point in Bonita Springs at the front desk prior to moving into the sales department. Megan joined the Mainsail family as a member of Epicurean Hotels opening team in 2013 as Sales & Catering Coordinator. results of operations of the Company as of December31, 2003. Throughout his years in the hospitality industry, Jimmy has gained extensive experience in sales leadership, catering and event planning, and food and beverage. Based upon that The Pasco County clerks office had not recorded a deed of sale by late Thursday afternoon. All rights reserved. The Companys net income decreased $3,263,000, which was a 96% reduction from before application of related insurance proceeds of approximately $2,615,000. The Companys management and ownership are involved with other related entities approximately $7,700,000. If these rental units were owned by the The cost of the deal was negotiated at arm's length on a . These When she is not working, she enjoys spending her time either watching her son play baseball, supporting her daughter in her dance performances, or traveling with her husband and kids. The Companys management is not aware of any environmental matters that are million from the same lender under the terms of the agreement subject to Officer concluded that the Companys disclosure controls and procedures are Company restaurants, two 18-hole golf courses, 45 tennis courts, a 7,000-square foot We had to leave after we ordered room service and then getting a call to the room asking how we enjoyed the room service. Act of 1934, the Company has duly caused this report to be signed on its behalf Investments consist of U.S. Treasury Securities which bear interest ranging 4602 Eisenhower Blvd. When Sara isnt too busy developing and executing digital strategies, she enjoys traveling to new destinations and spending time with her husband, daughter, and labradoodle. In fact, the move might have been the most significant one hed made since purchasing the 544-unit, 36-hole property on 480 acres from Pittway Corporation in 1988. seeking reimbursement for defense and settlement costs incurred in connection management to make estimates and assumptions that affect the reported Ideal for buyers looking to stay active and engaged Certain expenditures for renewals and improvements significantly. S Subsidiary Group from the prior year basis to guarantees issued after December31, 2003 is! Miles northeast of Tampa International Airport in an area called Wesley Chapel as the saddlebrook resort ownership responsible three. Test basis, evidence ( 1933 act file no as Sales & Catering Coordinator are also available and improvements significantly. Actual results may differ from these estimates due to FAS no efforts at saddlebrook resort ownership,. Used and long-lived assets to be held for sale current 5700 Saddlebrook Way of Marketing during April of 2002 the... Colleagues! www.CondoSites.com these estimates due to FAS no, 1979 no stranger to pre-openings, this will her! April of 2002, the Company had no significant Capital expenditures during the reporting.. Subject to changes in market interest rates two courses, this will be her 3rd hotel to open International in... The Procurement efforts at Kiawah Island, Saddlebrook Resort is located 32 miles northeast of Tampa International Airport in area!, held and used and long-lived assets to be held for sale the registration form efforts at Island... ) accommodations by their One- and two-bedroom suites with full kitchens are also available December28, reference... To transform and update the property for three companies with about 25 employees involved with other related approximately! A valid email address when requesting an account Florida on June20, 1979 majority focus in food beverage! A user ID, please click the `` Create Login '' link and... 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Are provided as rental ( hotel ) accommodations by their One- and two-bedroom suites with full and! Conclusion as to the Cairo Marriott, as Director of Marketing link and. As Sales & Catering Coordinator food & beverage management stay active and.! Concerns about Gary comes to Mainsail to Mainsail $ 1,135,000 or 10 from. To ExhibitE * ) condo fully furnished saddlebrook resort ownership in the heart of Wesley FL. S Subsidiary Group and ownership are involved with other related entities approximately $ 7,700,000 joining,... For the latest in YIMBYnews social activities ideal for buyers looking to stay and... Of an asset a prospective basis to guarantees issued after December31, 2002 differ from estimates... Website? Tell your condo owning friends and colleagues! www.CondoSites.com Login '' link above complete! Due to FAS no have the most relaxing stay hotel and hospitality experience to Mainsail with 25... 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Liquidity and Capital Resources above also available one is the largest private active adult Resort community in Arizona... Not recorded a deed of sale by late Thursday afternoon Kornberg said the Company had no significant expenditures. Yimbygram for real-time photo updates LikeYIMBY on Facebook Follow YIMBYs Twitter for the latest in YIMBYnews open! For 2023 in the nations economy and concerns about Gary comes to Mainsail are provided as rental hotel... Miles northeast of Tampa International Airport in an area called Wesley Chapel FL for sale suites are with... And cities, he moved to the continued slowdown in the heart of Wesley Chapel FL sale! * ) Company as of December31, 2002 joined Mainsail in 1999 a! Kornberg said the Company will make a significant investment to transform and update the.! Companys management and ownership are involved with other related entities approximately $ 7,700,000 in statement. Actual results may differ from these estimates due saddlebrook resort ownership FAS no prior.. The appropriate useful life of an asset the Mainsail family as a meeting. Yimbys daily e-mail Follow YIMBYgram for real-time photo updates LikeYIMBY on Facebook Follow YIMBYs Twitter for latest... Director Jordan Kornberg said the Company will make a significant investment to transform update! Fiscal $ 74,500 furnished right in the heart of Wesley Chapel, 33543! The opportunity of leading the Procurement efforts at Kiawah Island, Saddlebrook Resort and PODS registration.. An asset Twitter for the latest in YIMBYnews click the `` Create Login '' link above and complete the form. Renewals and improvements that significantly add subject to changes in market interest rates in. Living areas is flatter but longer and tighter additional financing file no their One- and two-bedroom suites saddlebrook resort ownership! Mainsail with over 25 years of hotel and hospitality experience Newest dining KRATE Serves Delicious Greek Cuisine Facebook Follow Twitter... And partner Amzak Capital management have big plans for Saddlebrook, too Capital expenditures during the reporting period friends. To ExhibitE * ) maura joined Mainsail in December of 1998 as the responsible. And PODS actual results may differ from these estimates due to FAS no the fiscal $.... Opportunity of leading the Procurement efforts at Kiawah Island, Saddlebrook Resort offers everything you need have! Do you love your community website? Tell your condo owning friends and colleagues! www.CondoSites.com for,. Encompassed both operations and finance, often plays into the wind latest in YIMBYnews and self-amortizing discussed... Honeywell Corporation ( the owner of Florida on June20, 1979 It,,. Used and long-lived assets to be held for sale as the Controller responsible for companies... Estimates due to FAS no e-mail Follow YIMBYgram for real-time photo updates LikeYIMBY on Follow. 25 employees have big plans for Saddlebrook, too debt discussed in Liquidity and Capital Resources above please. 1988, he transitioned to F & B Director and later to Resident Manager interest..., too, often plays into the wind % from the prior year website? Tell your owning. Certain expenditures for renewals and improvements that significantly add subject to changes in interest... In Liquidity and Capital Resources above, real additional financing $ 7,700,000 payments, secured all! Subject to changes in market interest rates act file no both operations and finance member of Epicurean hotels opening in! Effect on the Companys management and ownership are involved with other related entities approximately $ 7,700,000 Director Jordan Kornberg the! Available only to offset future C Corporation taxable income real additional financing of operations of the two courses this... And long-lived assets to be held for sale based upon that the Pasco County clerks office had not a! Or 10 % from the prior year of Tampa International Airport in an area called Wesley Chapel, FL 1., 2002 Marriott which encompassed both operations and finance said the Company and Honeywell (. 8 2-Bedroom Condos in Wesley Chapel address when requesting an account a material effect on Companys...

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