Sunday, August 25, 2013
A Letter from Dr. Marc Alan Innes
Marc Alan Innes & Associates LLC
Luxury Condominium Project
Gentlemen:
My name is Dr. Marc Alan Innes.
Marc Alan Innes & Associates LLC and myself have been dormant for the last couple years due to the Terminal Care and the Passing of my Wife, Best Friend, Father, and Mother.
Please visit the Our Temporary Business Websites:
This is a Low risk Deal. It is proven and documented.
The Residences Chicago are Brand New. 65% have been sold already.
The Units can be used as collateral, because we are dealing with extreme future value.
Nothing new has been built in the last couple of years, the next scheduled new development is over 14 months down the road. Luxury Properties do need to be Re-Developed every five years or they are not Luxury Condominiums. We are at the right place at the right time.
Business Plan and Proforma
Business Plan and Proforma
To participate and profit from the acquisition, development and sale of Luxury and Penthouse Condominium Units in The Ritz-Carlton Residences, managed by The Ritz Carlton Hotel Company, Chicago and Sarasota (the “Property”).
We will put approximately $150K - $200K of upgrades and furnishings into each unit for the development of the Property, to bring the property up to true "Penthouse Readiness". Then, sell the property ASAP.
The Strategy
Immediately after closing, work will commence, with condo renovations at approximately $150,000.00 - $200,000.00 a unit. Thirty days.
Funds Required
To do the entire project, a capital raise of $50M (“Funds”) is required in order to execute this project properly. These funds are sufficient to pay for acquisition, renovation, legal, administrative, and other fees.
The Management
The GP has been in the field of Acquisition and Development for over forty-three years. It started with fifteen units in June 1970, when Apartments were being converted into Condominiums.
The Company acquires outstanding Condominiums and Penthouse Properties, develops them to their fullest potential, then sells to descrimating buyers.
“We work very fast, with the finest Artisans and Craftsmen for the job. We advertise constantly. Most units sell ibefore completion, allowing the custom design of the property to the buyer’s wishes.”
The first project was 336 Wellington, where Dr. Innes bought 15 studio and one bedroom units, industrialized them and rented them to individuals who wanted to buy, but did not have their finances in order. He then helped them get financing and sold them at a respectable mark up. Mr. Innes will also be the on-site project manager for The Penthouses and has personally vetted the project team.
Risks
An investment in the Property should be considered as a medium term investment.
General economic conditions
The United States is currently going through a major economic and real estate shock. We understand the situation. We are at the right place at the right time.
Exit Strategy
The exit strategy is to sell renovated units to The Discriminating Client. Sales funds will be accumulated and Partners paid at the sale of a Condominium. The GP may decide to pay Partners back ahead of schedule, if sufficient units are sold.
Please be advised
The market is constantly adjusting, so these properties are at “Availability”. Please note Sales are in progress. We want to purchase as many Units as possible, and create a Monopoly. When resale does take place, Profit will be approximately $1,000,000.00 a Unit over cost. Value three to four times cost.
The Boss
Preparatory, B.M., B.M.Ed., M.M., D.M.A., Ph.D., Artist Certificate, Artist Diploma, Diplomas
American Programs:
Baldwin-Wallace College Conservatory of Music, Chicago Musical College of Roosevelt University, The Cleveland Institute of Music, The Cleveland State University, The Hartt School of Music - The University of Hartford, The Juilliard School, Millikin University School of Music, The New England Conservatory of Music, Northwestern University School of Music, Ohio State University School of Music, Ohio Wesleyan University, The University of Mississippi.
European Programs:
Akademie Fur Musik, "Mozarteum," Salzburg; Conservatorio di musica "Santa Cecilia," Rome; Conservatorio di musica "Giuseppi Verdi," Milan; The Royal Academy of Music, London.
Training:
The Actors Studio, The American Guild of Organists, The American Institute of Musical Studies - Graz, Austria, The American Symphony Orchestra League, The Archdiocese of Chicago, The City of Barga International Opera Festival School, Business Volunteers for the Arts, The Cambiata Institute, The Cleveland Playhouse, The Lyric Opera of Chicago School for American Artists, The Moody Bible Institute, The National Association of Pastoral Musicians, The National Association of Teachers of Singing, The National Opera Association, The North American Forum on the Catechumenate, The Presbyterian Association of Musicians, The Willow Creek Association.
Performance
Marc Alan Innes is an Opera Singer who has performed with the major Orchestras and Opera Companies of the world. Including: The Atlanta Symphony, The Boston Symphony Orchestra, The Chicago Symphony Orchestra, The Cleveland Orchestra, The Lyric Opera of Chicago, Music of the Baroque, The New York City Opera, The New York Philharmonic, The Royal Opera Covent Garden.
Radio and Television
Teaching
Due to his long association with the distinguished Metropolitan Opera Singer, Leading Soprano, Eleanor Steber, Marc Alan Innes is a recognized Voice Builder / Voice Teacher, a true Vocal Pedagogist. Instruction is custom made to the desires, needs and wants of the student. Sometimes this involves the fundamentals, other times, as a Highly Alert Vocal Coach.
Marc Alan Innes builds voices of enduring beauty and quality, with a genuine concern for longevity of the instrument and outstanding vocal technique. The Association of Teachers of Singing, United Kingdom, The European Voice Teachers Association, The National Association of Teachers of Singing, The New York Singing Teachers Association, and distinguished colleagues have recognized Marc Alan Innes for excellence as a Vocal Coach in Vocal Pedagogy, Vocal Repertoire and Vocal Technique.
With a passion for detail, precision, and the highest quality of Vocal Instruction, Marc Alan Innes has given Vocal Instruction and worked with talented Opera Singers for over 43 years. Students now sing with the Major Opera Companies of the World.
Most Vocal Instruction has been one on one, with some teaching at The Academy of Vocal Arts, The Cleveland State University, The Curtis Institute of Music, Cuyahoga Community College, and some Master Classes at Major Schools of Music. The Highest Quality of Vocal Instruction, Singing Lessons, Vocal Coaching, preparing the student for a career in Opera.
Literature
The Art of Singing, The Enjoyment of Singing, The Essence of Singing, The Joy of Singing, The Art of Singing Better, and numerous articles on singing.
Church Music
Minister of Music at some of the leading Congregations across the United States - Catholic, Jewish and Protestant, serving as Cantor, Choir Director, Minister of Music, Organist. Marc Alan Innes started serving The Church as a Minister of Music at age eight.
Restauranteur
The Empire Room, Eugene's, Mon Petit, Nick's Fishmarket, The Pump Room.
Consultant
Arts Medicine - Northwestern University Hospital, University of Chicago Hospitals.
Acquisition and Development
The Firm
Marc Alan Innes & Associates LLC
The Sizzle
For prospective owners to be enticed to buy into a Condo in The Ritz Carlton Residences, the developers have to deliver experience, not just four walls. As with any effective marketing, it is the sizzle that sells, not the steak.
The sizzle is not really the marble baths with gold-plated fixtures, as these kind of amenities are almost the baseline of expectation. The sizzle includes an exceptional place where the greats of the world would feel at home. The Residence must be: innovative, comfortable, elegantly decorated and endowed with upmarket service.
What owners want more than anything else is to be pampered. They want to be wowed inside and outside their suites.
Owners paying over $3 million for a unit have different expectations.
The majority lie in the 4-star to 5-star service range, and so as developers of Luxury Condominiums, we are happy to provide outstanding concierge services.
Marc Alan Innes & Associates offers everything for a turnkey unit. We want our clients to love to come home to the their palace, charmed by its unique and unrivaled, "Joie de vivre".
Why Chicago?
Why Sarasota?
From NBC’s The Today Show
According to Today Show Real Estate Expert Barbara Corcoran, “Sarasota is the number one place in the country to buy a home”.
Sarasota! Our Next Door Neighbor
The city of Sarasota is considered as one of the nation’s best cities to live, work, invest and raise a family. The area's reputation for having clean air, world-renowned beaches and sunny climates have made it renowned as a complete recreation, sports, housing, arts and cultural center. The city has a large array of amenities and perks which rival larger urban areas, but still retains a cozy, small town feel as well as a comfortable living standard.
Investors, tourists, business owners and employees are not only living the good life, they also feel upbeat about the thriving business climate. The city's good-quality schools, excellent workforce and affordable livings costs make Sarasota home to some of the most productive and thriving corporations in the country.
Sarasota-Bradenton Is A Bright Spot In A Bleak Real Estate Market
While national sales of single-family homes fell 13 percent and statewide sales dropped by an even larger 28 percent, Sarasota-Bradenton saw a 16 percent increase last month as compared with last year's levels. Panama City was the only other Florida market to increase. The Sarasota gains raised the much-invited prospect that at least a part of Southwest Florida might be shaking off the hangover brought on by back-to-back years of a surging real estate market.
"There's no such thing as a national market," notes Joe Hembree, of the Sarasota Association of Realtors. "Most of the U.S. had terrible weather this winter -- especially the Northeast and Midwest. You don't look for a new home in the middle of a snow storm." Sarasota-Bradenton, which posted 834 home sales compared with 721 a year ago, was different because the weather was great, Hembree said. The sun was shining and the local market turned the corner.
The sun also was shining in the Charlotte County-North Port market, but it did not make much of a difference there. Sales of single-family homes fell 25 percent from 315 in March 2006 to 237 last month. Prices in that market also took a pounding, slumping 14 percent to $193,000 and well below the $200,000 price point on which the area had been teetering. Sarasota-Bradenton posted a pricing decline -- 9 percent -- to $291,500, though the area's median has been trending up when compared with the last several months.
The Sarasota Housing Market Is Still Surging While the US housing and credit markets are reeling from a major slump, real estate market conditions in Sarasota have no doubt fared fairly well as compared to last year. Many housing and condominium purchases are taking place and the number of condominiums and homes for sale in Sarasota has gone down, which means there is no shortage of quick buyers. This positive trend of improving fortunes is truly clear in the Longboat Key condo and Siesta Key condo markets.
At present, the number of condos for sale on Siesta Key went down by more than 10% to 545 at the end of July from a peak of 620 during February. Condos for sale in Longboat Key declined over 16% to 420 from the March high of 503. One reason why housing is so good is the popularity of the area.
"Sarasota was named 'The Best Small City to Live In' by CNN/Money, and more recently as home to 'The Best Sand Beaches in America.' According to the National Association of Realtors, Sarasota, FL had the 'Second Fastest Medium Home Appreciation in 2003.'"
Many property developers and housing analysts still view Sarasota and its adjoining communities as a promising property sector, where the demand for real estate remains fairly high. The city's weather is generally considered more attractive than almost anywhere else in the country, especially for those who have a lot of leisure time to fill. In addition, Sarasota, along with nearby Manatee and Charlotte Counties own the distinction of having the 7th largest market in Florida.
The Hotel Residences
The Tower Residences
The Beach Residences
The Ritz Carlton Beach Residences & Beach Club
The Residences Chicago
Welcome Home to The Ritz-Carlton Residences Chicago.