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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.
illion net remaining. In 2004 we purchased South Padre Island, our joint venture with the Lloyd Bentsen family in South Texas, from the fund run by Lewie Ranieri, and on a friendly basis, separated our relationship with Lewie. In 2006 we invested $4 million to purchase one-third of Apes Hill Club, Barbados.
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.
illion net remaining. In 2004 we purchased South Padre Island, our joint venture with the Lloyd Bentsen family in South Texas, from the fund run by Lewie Ranieri, and on a friendly basis, separated our relationship with Lewie. in 2006 we invested $4 million to purchase one- third of Apes Hill Club, Barbados.
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
illion net remaining. In 2004 we purchased South Padre Island, our joint venture with the Lloyd Bentsen family in South Texas, from the fund run by Lewie Ranieri, and on a friendly basis, separated our relationship with Lewie. In 2006 we invested $4 million to purchase one-third of Apes Hill Club, Barbados.
,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
illion net remaining. In 2004 we purchased South Padre Island, our joint venture with the Lloyd Bentsen family in South Texas, from the fund run by Lewie Ranieri, and on a friendly basis, separated our relationship EFTA_R1_01517597 EFTA02442550 with Lewie. In 2006 we invested $4 million to purchase one-thi
man" size="3"> EFTA_R1_01664176 EFTA02524800 Update of the Last 10 Years D=ring the last 5 years of our fight with the government, because of Landmark's high quality environmental record, Landmark was invited by the=20 European Union to develop the last great sand dune on the west coast of Ireland
left to be built. After Lloyd Bentsen's death, we bought from his estate, at a very=20 attractive price, his interest, and it is now owned 100% by Landmark. S=uth 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
illion net remaining. In 2004 we purchased South Padre Island, our joint venture with the =loyd Bentsen family in South Texas, from the fund run by Lewie Ranieri, and on a friendly basis, separated our relationship w=th Lewie. In 2006 we invested $4 million to purchase one-third of Apes Hill Club, Barbados.
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
lion n=t remaining. In 2004 we purchased South Padre Island, our=20 joint venture with the Lloyd Bentsen family in South Texas, from the fu=d run by Lewie Ranieri, and on a friendly basis, separated our relationsh=p with Lewie. In 2006 we invested $4 million to purchase=20 one-third of Apes Hill Club, Barbados
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
million net remaining. In 2004 we purchased South Pad=e Island, our joint venture with the Lloyd Bentsen family in South Texa=, from the fund run by Lewie Ranieri, and on a friendly basis, separate= our relationship with Lewie. In 2006 we invested $4 milli=n to purchase one-third of Apes Hill Club, Barbados.
s 2022. =font face="Times New Roman" size="3"> Update of the Last 10 Years D=ring the last 5 years of our fight with the government, because of Landmark's high quality environmental record, Landmark was invited by the=20 European Union to develop the last great sand dune on the west coast of Ireland
left to be built. After Lloyd Bentsen's death, we bought from his estate, at a very=20 attractive price, his interest, and it is now owned 100% by Landmark. S=uth 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
illion net remaining. In 2004 we purchased South Padre Island, our joint venture with the =loyd Bentsen family in South Texas, from the fund run by Lewie Ranieri, and on a friendly basis, separated our relationship w=th Lewie. In 2006 we invested $4 million to purchase one-third of Apes Hill Club, Barbados.
Entities connected to both Landmark and Lewie Ranieri

Jeffrey Epstein
PERSON
Barbados
LOCATIONApes Hill
LOCATIONSouth Padre Island
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North Carolina
LOCATIONLandmark Land Company, Inc.
ORGANIZATIONSt. Kitts
LOCATIONSouth Padre
LOCATIONSt. Lucia
LOCATIONGerald Barton
PERSONGerald G. Barton
PERSONBarton
PERSONUpper Marlboro
LOCATION
Stephen Hawking
PERSON
the Board of Directors
ORGANIZATION
Barry Diller
PERSON
Golf Digest
ORGANIZATIONFour Seasons
ORGANIZATION
Ritz-Carlton
ORGANIZATIONthe Court of Claims
ORGANIZATION