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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
in the world and chosen by most to be the best new course in Spain in many years. We also developed, on a fee and carried ownership interest basis, Lake Presidential in Maryland, 14 miles due east of the U.S. capital, and moved our corporate headquarters to Maryland. Although it was agreed that Landmark had cont
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
in the world and chosen by most to be the best new course in Spain in many years. We also developed, on a fee and carried ownership interest basis, Lake Presidential in Maryland, 14 miles due east of the U.S. capital, and moved our corporate headquarters to Maryland. Although it was agreed that Landmark had cont
time 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 =loyd Bentsen family in South Texas, from the fund run by Lewie Ranieri, and on a friendly basis, separated our relation
in the world and chosen by most to be the best new course in Spain in many years. We also developed, on a fee and carrie= ownership interest basis, Lake Presidential in Maryland, 14 miles due east =f the U.S. capital, and moved our corporate headquarters to Maryland. A=though it was agreed that Landmark had c
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
in the world and chosen by most to be the best new course in Spain in m=ny years. We also developed, on a fee and carried ownershi= interest basis, Lake Presidential in Maryland, 14 miles due east of the=U.S. capital, and moved our corporate headquarters to Maryland. Although it was agreed that Landmark had cont
, 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. South Padre Island proved a success in that we sold approximately 150 houses in 2005, 200 in 2006, 170 in 2007, and in ea=h of these years had cash flow of $3 million
the world and chosen by most to be the best new course i= Spain in many years. We also developed, on a fee and=20 carried ownership interest basis, Lake Presidential in Maryland, 14 m=Ies due east of the U.S. capital, and moved our corporate headquarters to=20 Maryland. Although it was agreed that Landmark had c
time 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 =loyd Bentsen family in South Texas, from the fund run by Lewie Ranieri, and on a friendly basis, separated our relation
in the world and chosen by most to be the best new course in Spain in many years. We also developed, on a fee and carrie= ownership interest basis, Lake Presidential in Maryland, 14 miles due east =f the U.S. capital, and moved our corporate headquarters to Maryland. A=though it was agreed that Landmark had c
Entities connected to both South Padre Island and Lake Presidential

Barbados
LOCATIONSouth Padre
LOCATION
Landmark
ORGANIZATION
North Carolina
LOCATION
Jeffrey Epstein
PERSONApes Hill
LOCATIONSt. Kitts
LOCATIONBarton
PERSONLewie Ranieri
PERSONSt. Lucia
LOCATION
the Board of Directors
ORGANIZATIONApes Hill Club
ORGANIZATIONFour Seasons
ORGANIZATION
South Texas
LOCATION
Golf Digest
ORGANIZATION
Barry Diller
PERSON
Ritz-Carlton
ORGANIZATIONthe Court of Claims
ORGANIZATIONArcos Gardens
LOCATION
Lloyd Bentsen's
PERSON