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  #1  
Old Wednesday, March 28th, 2007, 06:23 PM
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Question To all renaissance owners

Hi all,

I'm already a TS owner at the Marriott Ocean Club.

But on my last visit I did also rent one week at the Renaissance Marina, of course I did go at the Ocean Suites and like it very much.
I'm now thinking about buying two weeks over there.

A few questions...

How's the economical situation of those timeshare?
I've heard that the previous TS manager disapeared with the money of something like that ?!?

Is future viability OK?

Is there a website for the owners?

Are those TS RTU or deed? If RTU up to when?
Where are the TS situated in the building?
Are they all the same? (Smaller-Bigger, Newer or Redecorated etc...)
Ocean view, Oceanfront, Garden view or else?

Maintenance fees?

Strangely Marriott Vacation Club don't list them, do Renaissance TS have a different status? Same for Interval (do they have Marriott priority for exchange?)

Feel free to add anything as I'm very eager to learn more about the Renaissance TS.

Yours,

Pierre
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Old Wednesday, March 28th, 2007, 08:21 PM
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Default Re: To all renaissance owners

Seems to me the Renaissance Ocean Suites is very secretative. I do know alot of the owners would like a board to list their units for rental or for sale. So far that has not come about. There is a website - for owners. http://www.renaissancearubamembers.com/

If you are looking into buying at the Ocean Suites, I would reply to for sale ads and ask your questions from the owners. Some websites are:

http://www.vacationtimesharerentals....ngType=Resales

http://www.myresortnetwork.com/searc...tals/index.asp

http://www.redweek.com/



Last edited by Liz from N.J.; Wednesday, March 28th, 2007 at 08:30 PM.
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Old Wednesday, March 28th, 2007, 10:29 PM
rocheles rocheles is offline
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Default Re: To all renaissance owners

Hi,
I own at the Ren wks 7,8,9 & 10.
My whole family loves it.
No one has ever taken off with any time
share owners monies.
There was a developer that was going to built next door
from the Ren (the parking lot to the right of the Ren) and
many timeshare owners invested and the developer took off.
I was told this by someone that lost some money.
The Ren is very solid financially. Timeshare owners own at
the suites floors 1,3 & 5. Floors 2 & 4 is owned my the corporation.
I believe Meta Corp.
They have Ocean view rooms that are barely a foot larger and they
are ocean front. I am not sure what they pay for maintainance.
There are ocean and pool view and the maintainance fee this
year was $537.00. They also have Garder view which includes
the harbor or the Whillamina Park. Both are very nice and the
maintainence is also $537.00. The place is Heaven. The employees
could not do enough for you. I have stayed in other places and
believe me there is no comparison. It's Just Heaven.
The Ren is a lifetime RTU.
If you are interested in purchasing the easiest way to find something
available is through Brian. You can go on the members website and
if you go to where it says contact us. Schrool down and you will
find Brian's e-mail.
You can also go online and find the realtors in Aruba. I believe he
owns V R Realty.
Good luck and enjoy whatever you buy.
Hope to beat you there because I am also looking for more weeks.
Anything $8,000.00 and less is a good price. Don't think twice.
So far the cheapest I have seen them for is $9500.00.
Rae
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Old Thursday, March 29th, 2007, 10:29 AM
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Default Re: To all renaissance owners

Thank you very much for all your infos.

Would anyone have an Ocean Suite plan with the units numbers?
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Old Thursday, March 29th, 2007, 10:36 AM
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Default Re: To all renaissance owners

Quote:
Originally Posted by qlaval View Post
Thank you very much for all your infos.

Would anyone have an Ocean Suite plan with the units numbers?
I have it. You can PM me with your e-mail and I will send it to you.

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Old Thursday, March 29th, 2007, 04:56 PM
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Default Re: To all renaissance owners

[quote=Liz from N.J.;63069]I have it. You can PM me with your e-mail and I will send it to you.

Received. Thank you very much Liz!
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Old Tuesday, April 3rd, 2007, 07:40 PM
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Default Re: To all renaissance owners

I have seen different ending year period for the end of the RTU.
Or even lifetime RTU...!?!

Is this possible? Is it ignorance from different sellers?

Could someone help me out on this one?

Tx.
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Old Tuesday, April 3rd, 2007, 09:30 PM
rocheles rocheles is offline
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Default Re: To all renaissance owners

It is a lifetime usage at the Renaissance.
There is no years.
You can contact the Reneissance directly
and ask to speak to Brian.
Hope this is of help to you.
Rae Voira
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Old Wednesday, April 4th, 2007, 11:35 PM
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Default Re: To all renaissance owners

We have owned at (what is now) Renaissance since preconstruction. We own one of the larger units on the end by the cruise ships & these are indeed more spacious than the other units. They are wider allowing, for example, closets on both sides of the bed in the bedroom. If you plan on having a 3rd or 4th person staying with you, you definitely will appreciate the difference.
I also have always hoped an owners site would succeed because we rent additional weeks every year!
Way back when it was Harbourtown, the developer (same time & owner that Rocheles refered to regarding development next door) went bankrupt causing owners to pray we wouldn't lose our "2nd homes", but the government came to our rescue & the Sonesta chain took over honoring all of our contracts.
We absolutely love the Ren & have never regretted buying there.
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Old Thursday, April 5th, 2007, 09:15 PM
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Default Re: To all renaissance owners

Quote:
Originally Posted by rocheles View Post
...You can contact the Renaissance directly and ask to speak to Brian...
I've email him a few days ago but as of today still no reply...maybe he's in vacation?
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Old Thursday, April 5th, 2007, 09:21 PM
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Default Re: To all renaissance owners

Quote:
Originally Posted by lynnen View Post
...Way back when it was Harbourtown, the developer...went bankrupt ...but the government came to our rescue & the Sonesta chain took over honoring all of our contracts...
Must have been a very unpleasant moment to live....OUF!
You were lucky to have such a positive ending not all bankruptcy ends so well...
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Old Tuesday, April 10th, 2007, 03:42 PM
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Default Re: To all renaissance owners

We love the renaissance ocean suites. We just spent 3 weeks there.We are
looking to rent for 2008. Would like to rent weeks 6, 7 and 8. We dont mind having to move from one unit to another. Thank you. Anne
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Old Tuesday, April 10th, 2007, 03:42 PM
salonqueen salonqueen is offline
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Default Re: To all renaissance owners

We love the renaissance ocean suites. We just spent 3 weeks there.We are
looking to rent for 2008. Would like to rent weeks 6, 7 and 8. We dont mind having to move from one unit to another. Thank you. Anne
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Old Tuesday, April 10th, 2007, 04:49 PM
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Default Re: To all renaissance owners

Quote:
Originally Posted by salonqueen View Post
We love the renaissance ocean suites. We just spent 3 weeks there.We are
looking to rent for 2008. Would like to rent weeks 6, 7 and 8. We dont mind having to move from one unit to another. Thank you. Anne
You would have a better chance if you were to post your request in the Aruba Timeshare Wanted thread...
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Old Tuesday, April 10th, 2007, 07:48 PM
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Default Re: To all renaissance owners

Quote:
Originally Posted by lynnen View Post
Way back when it was Harbourtown, the developer (same time & owner that Rocheles refered to regarding development next door) went bankrupt causing owners to pray we wouldn't lose our "2nd homes", but the government came to our rescue & the Sonesta chain took over honoring all of our contracts.
We absolutely love the Ren & have never regretted buying there.

Lynnen is correct. There were problems from the developer. This is no way effects anything current, so this should not stop anybody from purchasing at Renaissance. I am an owner there. Read below for yourself about the developer:


Swain's bio boasts at length about his role developing a premier resort and casino in Aruba, Harbourtown Resorts. Under his management, the development went bankrupt in 1993. According to a court-appointed trustee, Antilles lawyer Rob Blaauw, bondholders lost $5-million, another investment firm lost $4.5-million, and Aruba Bank lost $2.2-million.
But most troubling to Blaauw was the more than $300,000 lost by time share investors. Blaauw said that while bankruptcy proceedings were in motion in Aruba, Swain persuaded time share investors to send tens of thousands of dollars of additional money directly to one of his companies, rather than send it to court-approved managers of the development.
"He just took their money and went away with it. It was pure fraud," Blaauw said.
Swain recalled a dispute over whether time share buyers were entitled to that money but could not recall the outcome. Records show Blaauw tried to persuade Florida's attorney general to prosecute Swain in 1994 and followed up in 1998. Nothing came of it. Similar consumer complaints against Swain filed with attorneys general in Oklahoma and Illinois also went nowhere.
Anthony Sterling, a doctor in Orlando who invested in the Aruba development, recalled court proceedings in Aruba attended by dozens of anguished American senior citizens. "A lot of people were there crying, desperate to find somebody to help them in Aruba. Nobody could," Sterling said. "That shyster stole from me and so many people older than I am who had invested their Social Security and retirement money."
Sterling said he lost more than $100,000 on Harbourtown, but Swain convinced him he would make it back and then some if he invested in another Swain company. He lost nearly $100,000 more.
"I know I was a jerk, but when you meet him, he comes across as a corporate genius," Sterling said. "He's a scorpion who can talk the tan off of anybody."
As the Aruba bankruptcy progressed into 1994, Swain bought a bath products company, Jean Sorelle Corp., and announced that he was moving it from Illinois to Clearwater.
The company went bankrupt in less than a year, and investors sued Swain, accusing him of fraudulently misrepresenting the financial condition of the company and improperly transferring assets to another Swain-controlled company.
Swain's marketing materials note how he founded and ran a resort clothing company called Caribbean Outfitters in 1990. Millions of dollars in debt, it shut its doors in 1995 and went bankrupt in Aruba. Swain said he didn't realize that had happened because in 1993 he had sold the company to Coachman Inc.
But Swain was president of Coachman Inc. in 1993, SEC filings show, and remained on its board of directors for most of the 1990s as Caribbean Outfitters collapsed and Coachman steadily lost money.
As recently as last year, an investor complained to the Florida Attorney General's Office that Swain and Coachman had taken $86,000 from him, and then stopped all contact with him.
None of these blemishes slowed Swain's ability to line up new business deals. Despite his track record, he continued finding financial backers who apparently did little background checking.
"I don't recall any red flags about him," said AmSouth Bank senior vice president Jerry Pate, who handled more than $2-million in bank loans for two of Swain's Pinellas developments that fizzled and had to be foreclosed on. "I do know AmSouth is prudent in their credit investigations."
At the time AmSouth was considering that loan, just a quick check of local court records would have revealed allegations of fraud against Swain by investors in his Jean Sorelle bath products company.
Likewise, Republic Bank also went for Swain's pitch. It lent more than $1.4-million toward Swain's Tarpon Highlands townhome development in Tarpon Springs. Langfred White, a lawyer who represented Republic Bank, said he didn't recall Swain having had black marks on his track record.
Digging up the truth about Swain's career is not easy, said David Boggs, a Tampa attorney with three clients who invested $500,000 in Swain's Pinellas developments.
"He represents himself as a highly successful businessman, and it's not exactly who he is. He moves from town to town and venture to venture, and nobody really knows his background," Boggs said, noting that his clients relied on Swain to disclose everything relevant about himself and the deal, as required under securities law.
As Swain's Pinellas developments floundered, he was busy putting together the deal to buy Newport Creamery in Rhode Island. Peter Rector, the chain's owner, received a call from a Swain business associate, Benedetto Cerilli, inquiring about a purchase.
Cerilli worked with Swain at American Landmark Homes in Tampa, as well as on a Checkers Drive-In franchise in Puerto Rico. (Checkers has sued Swain for defaulting on the contract.)
Cerilli has had his own problems, having run a savings and loan that collapsed and helped trigger a banking crisis in Rhode Island in the early 1990s. He was indicted in 1994 on charges of running the bank as a "criminal enterprise" and diverting bank funds for his own use. The state dropped most of the charges in 1999, and he pleaded guilty to a misdemeanor.
At the time of that plea deal, Cerilli was helping Swain buy Newport Creamery. Rector said he and an investment company conducted a background check on Swain and everything looked fine.
Rector and his investment company had little to lose anyway, because Swain bought the chain for $7.6-million cash. Hundreds of Newport Creamery's employees, though, had plenty at stake. For much of the summer, creamery staffers, including some needing cancer and dialysis treatment, went without health insurance. Hundreds have lost their jobs or are on the verge of losing them.
Swain blames the restaurant's woes on an inadequate management team that couldn't handle his aggressive expansion of the chain. The trustee now trying to salvage the company says the problems went much deeper than that, though Swain contends he's ignorant about basic business practices. Swain's purchase of Newport Creamery was so leveraged, court papers assert, that the restaurant was insolvent as soon as Swain finished the deal. Swain transferred most company assets to other Swain-controlled companies, and steadily dipped into Newport Creamery money to fund his family's lavish lifestyle and various other speculative business deals, trustee Andrew Richardson contends.
Among other things, the cash-strapped restaurant paid college tuition for Swain's kids; rental of a grand Newport home; $9,000 monthly mortgage payments on their Clearwater Beach home next to the Carlouel Yacht Club; $1,000 a week for Swain's wife, Linda, to consult on decorating plans for the Rhode Island restaurants; boats, Land Rovers and a BMW; no-interest loans to friends of Swain; and money to keep afloat his only Pinellas development that avoided foreclosure, court records show.
Tarpon Highlands, with dozens of weedy, undeveloped lots and a sales office framed by a dilapidated white fence and muddy parking lot, is today Newport Creamery's primary asset.
In Rhode Island, the woes of Newport Creamery are generating a steady diet of newspaper headlines. Nearly three-quarters of the stores have closed since Swain expanded it to 43 locations, and the trustee is searching for a buyer to avoid liquidating the 73-year-old chain altogether.
Swain, as usual, is moving on. These days he is focused on convenience stores. Shortly before Newport Creamery filed for bankruptcy protection this summer, Swain bought 55 White Hen Pantry stores in Massachusetts and New Hampshire. He said he has big hopes for his newest venture.

Melanie
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Old Tuesday, April 10th, 2007, 07:56 PM
nonamelady nonamelady is offline
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Default Re: To all renaissance owners

Hello to All Renaissance Owners!

Hi...I am an owner also. I am interested in finding out about the pre-consutrction and the history. From the old Harbourtown, to the Sonesta....to the current Renaissance.

Does anybody have the old promotional materials from years ago?

Looking forward to discussions with all members!

I'm leaving for week 21 - May 25 - June 1, 2007. I can't wait!

Melanie
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Old Tuesday, April 10th, 2007, 08:27 PM
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Default Re: To all renaissance owners

Hi Melanie,

First welcome to this board!

Thank you very much for taking the time to make such an exhausting resume.
It's well appreciated!

I wonder if he will ever stop and go to jail...
Sad story for all the hard working people who have meet him or will sooner or later...

Yes I would like to know the full Renaissance story. Someone?...

And good new as of yesterday I'm also a Renaissance owner!
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Old Tuesday, April 10th, 2007, 09:42 PM
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Default Re: To all renaissance owners

I have many, if not all, of the old PR materials. Original PR folder, newletters, price list, etc. I also have photos of the construction, including the completion of the 1st pool (closest to lobby) & constuction of the 2nd pool. I believe I still have invites to owners parties (free cookies!!) the very first year it opened and probably much more!
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Old Tuesday, April 10th, 2007, 11:10 PM
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Default Re: To all renaissance owners

Melanie,
Unreal!!! I have searched a number of times without success for info about Swain, obviously I didn't search hard enough!
I remember the letters asking for more money (probably still have them) and I afraid I know a number of people who got taken by Swain. If I remember correctly the final scam was the proposal to build condos where or near where the Convention Center is now located.
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Old Tuesday, April 10th, 2007, 11:14 PM
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Smile Re: To all renaissance owners

glaval,
Congratulations & welcome to the Renaissance
What week(s) do you own & which unit?
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Old Tuesday, April 10th, 2007, 11:22 PM
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Default Re: To all renaissance owners

Hi lynnen,

Tx, but if you don't mind I will only post that when the contract are signed...
(As of now I only have a verbal acceptance for my purchase offer)

Yes please just for the fun of it post the price list.
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Old Tuesday, April 10th, 2007, 11:57 PM
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Default Re: To all renaissance owners

glaval,
Sorry didn't realize it wasn't a totally done deal!!! Just let us know when ya can!
Will have to dig out old info, but when I do I will share. (Ya know, I have so much stuff that it could probably make a small book....I could call it
Harbourtown, Sonesta, Renaissance....an Owner's Story)
OK not that great a title, but it's late
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Old Wednesday, April 11th, 2007, 09:29 PM
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Default Re: To all renaissance owners

Hello qlaval,

Thanks so much for the welcome to the board. Congratulations for becoming a Renaissance owner!!!

I've been going to Aruba since 2000. I have stayed at the LaCabana many times, but fell in love with the Renaissance. You can't be the location, OR that private island!! I have been to Renaissance many times, but just recently became an owner myself.

May 25th can't come quick enough....Renaissance here I come!!

Melanie


Quote:
Originally Posted by qlaval View Post
Hi Melanie,

First welcome to this board!

Thank you very much for taking the time to make such an exhausting resume.
It's well appreciated!

I wonder if he will ever stop and go to jail...
Sad story for all the hard working people who have meet him or will sooner or later...

Yes I would like to know the full Renaissance story. Someone?...

And good new as of yesterday I'm also a Renaissance owner!
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Old Wednesday, April 11th, 2007, 09:37 PM
nonamelady nonamelady is offline
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Default Re: To all renaissance owners

Hello Lynnen,

That is impressive that you saved those materials after all these years. Is there any way you would consider sharing with me? I would be really grateful.

Is there any way you could scan all the documents and email them to me? or what about faxing or photocopying? I could reimburse you for paper/photocopying...I'm sure we could work out something if you are willing.

Looking forward to your response.

Melanie
Quote:
Originally Posted by lynnen View Post
I have many, if not all, of the old PR materials. Original PR folder, newletters, price list, etc. I also have photos of the construction, including the completion of the 1st pool (closest to lobby) & constuction of the 2nd pool. I believe I still have invites to owners parties (free cookies!!) the very first year it opened and probably much more!
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Old Wednesday, April 11th, 2007, 09:44 PM
nonamelady nonamelady is offline
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Default Re: To all renaissance owners

Hello Lynnen,

Wow..wow..wow..that is impressive that you saved everything. (That is how I am.) Is there any possible way you would share that information with me? I would be forever thankful.

Do you have a scanner where you could scan all those materials and email them to me? If not, how about faxing and/or photocopying? I could reimburse you for the photocopying...or we could work something out....

I'd also love to see the pictures. Seems like you would be able to share the history of over the years.....

Please email me back. You can reach me at nonamelady@aol.com

Thanks,

Melanie
Quote:
Originally Posted by lynnen View Post
I have many, if not all, of the old PR materials. Original PR folder, newletters, price list, etc. I also have photos of the construction, including the completion of the 1st pool (closest to lobby) & constuction of the 2nd pool. I believe I still have invites to owners parties (free cookies!!) the very first year it opened and probably much more!
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Old Thursday, April 12th, 2007, 12:45 PM
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Default Re: To all renaissance owners

I'm still searching to buy a second week to add to my first one

But I'm having difficulty understanding the units numbers...
The one I bought had 3 digits first one was a 3 and is on third floor (Logical up to now...)
(Tx Liz from N.J. for the 3th floor plan!)

But I also saw many listing with 4 digits -2xxx.
At first I thought the number 2 meant second floor but when I saw the units numbers 25xx, 23xx, 21xx, it didn't fit the third floor plan I had.
Is it because all units begin with a 2 and only the 3 last digits matters?

Can you help me out understand how the unit numbers work?...

Tx
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Old Thursday, April 12th, 2007, 01:06 PM
rocheles rocheles is offline
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Default Re: To all renaissance owners

Just to let you know, All the rooms at the Renaissance Hotel start with the number 1 and at the Renaissance Suites start with 2. If your
room number at the Suites is 113 it is considered 2113. Just what
week or room are you looking for. If you post it, it's possible that
someone may have it.
Good Luck
Rae
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Old Friday, May 4th, 2007, 08:02 PM
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Default Re: To all renaissance owners

Quote:
Originally Posted by lynnen View Post
Qlaval,
Congratulations & welcome to the Renaissance
What week(s) do you own & which unit?
Everything has been finalized.
Did purchase week 44 unit 348.
Very nice Oceanfront unit! I'm so happy.....

Other weeks transactions in motion...(to be continued...)

Lynnen have you found the original price list? Can you post it?
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