Tag Archives: Stewart Title

Conspiracy of Silence…..Trump, Wyndham,Ritz Carlton are long gone

Yes, with no media coverage or communication from Capcana ownership, these 5 star blue chip names associated with the Capcana development are long gone.  These name brands were instrumental in the marketing of Capcana and decision making by owners in purchasing properties. 

Wyndham was planned as the managing agent for the property rentals in Green Village.  The Trump name was used to sell multimillion dollar lots on the Farrillon.  Ritz Carlton was suppose to build a first class hotel and casino on the beach near Secrets Sanctuary.  Were these big players driven off by the economy (as Capcana management would like you to believe)?  Or were they driven off by the mismanagements and misdealings of Capcana management and ownership?

These corporations allowed their names to be used as selling points.  How and if any consequences did they suffer by leaving?   One thing that is true –  the investments made by the property owners and bond holders continue to suffer.  How much of the actual Capcana owners personal resources were used to fund the Capcana development, meanwhile they pocketed millions of dollars in profits, and allowed the development to disintegrate.

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