Lifestyle Assets builds groups of 100 participants who collectively own, debt-free, 12 residences with an average value of $2.2million. Lifestyle Asset purchases the collection of residences on behalf of the group then serves as the management company, enabling travel and maintaining the residences for the equity owners. At the end of the groups 7 year term, Lifestyle Assets will sell the residences and disburse the proceeds to the equity owners.

Each equity owner receive either 2,500 or 5,000 credits per year in exchange for $16,500 or $30,000 in annual maintenance costs and usage. Each night is assigned a credit value that varies by type of destination, property size, arrival day, and time of year. For example, a one-week stay at a four- or five-bedroom residence during New Years' week might require 1,600 credits whereas a five-night stay in a two-bedroom property during a value season might be 160 credits. Based on this model, equity owners can average between 30 and 40 nights of vacation a year.

Equity owners have the option of joining unique regions -- currently Eastern and Western -- that include a mix of beach, leisure, metropolitan and mountain locations. To launch this new model, the Founders Offer includes access to both Eastern and Western Regions without reciprocity premiums or restrictions, and a higher pro-rata distribution of proceeds upon the sale of the regional properties.