Investor Spotlight: Trina and Philip
Equity Residences prides itself on creating luxury real estate investment funds that provide low-risk capital growth enhanced by rent-free vacations at many of the world’s most prestigious destinations. However, even we were surprised to discover that one of our investors enjoyed 20 unforgettable adventures worth an estimated $264,780 in only 22 months.
Investing Rather Than Renting
In 2014, Trina and her family were about to rent our Equity Residences Villa in the Kapalua Resort on Maui when they read about Equity Residences on the home’s rental listing. Trina and husband Philip were intrigued and after more research realized with Equity Residences they could diversify their investment portfolio into another asset class, realize solid investment returns and enjoy the luxury vacation homes with family and friends rent-free. “Although skeptical at first, we decided to purchase one and a half units in Equity Residences first fund,” says Trina.
Having made their investment in December 2014, Trina and Philip wasted no time visiting residences owned and managed by Equity Residences, as well as residences offered by Equity Residences’ strategic partners Elite Alliance and THIRD HOME. “Since December 2014, I’ve stayed at more than a dozen beautiful places,” she says. “I had never been to the Caribbean before, now I’ve been twice. We stayed at several residence clubs with top-quality service, luxury accommodations, and family-friendly amenities. If not for Equity Residences, our family never would have indulged in so many lavish experiences.”
Trina and Philip say the vacation benefits allow their family to spend more time with others close to them. “Prior to investing with Equity Residences, my brother and I would see one another only occasionally, now we vacation together nearly every quarter,” says Trina. “I’ve been on family adventures with Philip and our two young sons, golf trips, ski vacations and girls’ getaways. My husband and I have even given away stays to friends and business clients.”
Fully satisfied with their investment, Trina and Phillip in March 2015 decided to add to their initial investment in Equity Residences first Fund. Then in 2016, they invested in Equity Residences second fund, the Equity Platinum Fund. “Our Equity Residences vacations so enhanced our life that we invested in the Equity Platinum Fund as soon as it became available and immediately reserved the magnificent Stellar Residence at Northstar in Lake Tahoe,” Trina said. “The vacation benefits are the icing on the underlying real estate investment.”
According to Trina, there is no question that Equity Residences vacations have brought newfound joys to her family and friends. According to a decade of psychology research, experiences bring people more happiness than do possessions, in part because our memories of good times—unlike our ownership of things—can grow even sweeter with age. Additionally, research suggests that merely anticipating an upcoming adventure can improve satisfaction with life. That’s good news because Trina has already made plans for the family to visit Disney World, a San Francisco staycation at the Ritz, Martha’s Vineyard, Manhattan, Mykonos Greece, Iceland and Tahoe (again) in 2017. According to Trina, “You can make a once in a lifetime experience a regular occurrence with Equity Residences.”