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200 left to be built. After Lloyd Bentsen's death, we bought from his estate, at a very attractive price, his interest, and it is now owned 100% by Landmark. EFTA_R1_00202623 EFTA01827481 South Padre Island Development is on the right side of history in that it offers good value, in warm weather. on
esort community in development. While very few foreclosures have taken place to-date, on an average, they have sold for 10 cents on the dollar. 4. Landmark has: • the best reputation in the business, • the management team that created the reputation, and • $153 million tax loss that expires 2022.
this financial disaster, with the tax loss used and the reputation enhanced, to go public as a branded community developer much as Ritz-Carlton and Four Seasons are thought of as branded hotel operators. The idea would be to have an institution or individual, or institutions and individuals, invest $15 mill
isis we only sold 21 houses in 2008 and are doing only slightly better than that in 2009. Therefore, the cash flow is not coming from South Padre to Landmark, but cash is going from Landmark to South Padre. Recently there was some sign of optimism, but in the short run, this may be a false spring. In the
resort community in development. While very few foreclosures have taken place to-date, on an average, they have sold for 10 cents on the dollar. 4. Landmark has: • the best reputation in the business, • the management team that created the reputation, and • $153 million tax loss that expires 2022.
e tax loss used and the reputation enhanced, to go public as a branded EFTA_R1_01517498 EFTA02442485 community developer much as Ritz-Carlton and Four Seasons are thought of as branded hotel operators. The idea would be to have an institution or individual, or institutions and individuals, invest $15 mill
resort community in development. While very few foreclosures have taken place to-date, on an average, they have sold for 10 cents on the dollar. 4. Landmark has: • the best reputation in the business, • the management team that created the reputation, and • $153 million tax loss that expires 2022.
,200 left to be built. After Lloyd Bentsen's death, we bought from his estate, at a very attractive price, his interest, and it is now owned 100% by Landmark. EFTA_R1_01517543 EFTA02442518 South Padre Island Development is on the right side of history in that it offers good value, in warm weather. on
this financial disaster, with the tax loss used and the reputation enhanced, to go public as a branded community developer much as Ritz-Carlton and Four Seasons are thought of as branded hotel operators. The idea would be to have an institution or individual, or institutions and individuals, invest $15 mill
,200 left to be built. After Lloyd Bentsen's death, we bought from his estate, at a very attractive price, his interest, and it is now owned 100% by Landmark. South Padre Island Development is on the right side of history in that it offers good value, in warm weather. on the water for middle-class pre-re
resort community in development. While very few foreclosures have taken place to-date, on an average, they have sold for 10 cents on the dollar. 4. Landmark has: • the best reputation in the business, • the management team that created the reputation, and • $153 million tax loss that expires 2022. Up
this financial disaster, with the tax loss used and the reputation enhanced, to go public as a branded community developer much as Ritz-Carlton and Four Seasons are thought of as branded hotel operators. The idea would be to have an institution or individual, or institutions and individuals, invest $15 mill
FTA_R1_01664203 EFTA02524816 During the last 5 years of our fight with the government, because of Landmark=92s high quality environmental record, Landmark was invited by the European=20 Union to develop the last great sand dune on the west coast of Ireland. We developed, on a fee basis, the Doonbeg Gol
nd are doing only slightly better than that in 2009. =20 Therefore, the cash flow is not coming from South Padre to Landm=rk, but cash is going from Landmark to South Padre. Recentl= there was some sign of optimism, but in the short run, this may be a fa=se spring. In the long run, I am confident that off
this financial disaster, with the tax loss used an= the reputation enhanced, to go public as a branded community developer much=as Ritz-Carlton and Four Seasons are thought of as branded hotel operators. The idea would be to have an institution or=20 individual, or institutions and individuals, invest $15 mi
22. Update of the Last 10 Years During the last 5 years of our fight with the government, because of Landmar.'s high quality environmental record, Landmark was invited by the Europe=n Union to develop the last great sand dune on the west coast of Ireland. We developed, on a fee basis, the Doonbeg Go=f C
is we only sold 21 h=uses in 2008 and are doing only slightly better than that in 2009. Therefore, the cash flow is not coming from South Padre to Landmark, but cash is going from Landmark to South Padre. Recently there was some sign of optimism, but in the short run= this may be a false spring. In the
s financial disaster, with t=e tax loss used and the reputation enhanced, to go public as a branded=20 community developer much as Ritz-Carlton and Four Seasons are thought=of as branded hotel operators. The idea would be to have=20 an institution or individual, or institutions and individuals, invest=$15 mi
Entities connected to both Landmark and Four Seasons

Jeffrey Epstein
PERSON
Barbados
LOCATION
Marc Rich
PERSONLandmark Land Company, Inc.
ORGANIZATIONApes Hill
LOCATION
Stephen Hawking
PERSON
North Carolina
LOCATIONSouth Padre Island
LOCATIONGerald G. Barton
PERSONSt. Kitts
LOCATIONSouth Padre
LOCATIONSt. Lucia
LOCATION
George Mitchell
PERSON
Prince Andrew
PERSONLewie Ranieri
PERSONBarton
PERSONUpper Marlboro
LOCATION
Ritz-Carlton
ORGANIZATIONArcos Gardens
LOCATION
Barry Diller
PERSON