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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. South Padre Island proved a success in that we sold approximately 150 houses in 2005, 200 in 2006, 170 in 2007, and in each of these years had cash flow of $3 million
net to the parent. We have developed approximately half of the 2,000 acres, have 1,000 homes built, and approximately 1,200 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
ime it paid its lawyers, court costs, and its debt of honor to directors, etc., it had approximately $4 million 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 relatio
net to the parent. We have developed approximately half of the 2,000 acres, have 1,000 homes built, and approximately 1,200 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 i
ime it paid its lawyers, court costs, and its debt of honor to directors, etc., it had approximately $4 million 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 relatio
net to the parent. We have developed approximately half of the 2,000 acres, have 1,000 homes built, and approximately 1,200 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
ime it paid its lawyers, court costs, and its debt of honor to directors, etc., it had approximately $4 million 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 relation
net to the parent. We have developed approximately half of the 2,000 acres, have 1,000 homes built, and approximately 1,200 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
time it paid its lawyers, court costs, a=d its debt of honor to directors, etc., it had approximately $4 million 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 relat
net to the parent. We have developed approximately half of the 2,0=0 acres, have 1,000 homes built, and approximately 1,200 left to be built. After Lloyd Bentsen's death, we bought from hi= estate, at a very attractive price, his interest, and it is now owned 1=0% by Landmark. South Padre Island Development is
Entities connected to both South Padre Island and Lloyd Bentsen's

Barbados
LOCATIONSouth Padre
LOCATION
Landmark
ORGANIZATION
Jeffrey Epstein
PERSON
North Carolina
LOCATIONSt. Kitts
LOCATIONApes Hill
LOCATIONLewie Ranieri
PERSONBarton
PERSONSt. Lucia
LOCATION
Barry Diller
PERSON
the Board of Directors
ORGANIZATIONFour Seasons
ORGANIZATION
Ritz-Carlton
ORGANIZATIONArcos Gardens
LOCATION
Golf Digest
ORGANIZATIONthe Court of Claims
ORGANIZATIONLake Presidential
LOCATION
South
LOCATIONLandmark Land Company, Inc.
ORGANIZATION