NALs said:That's a very real possibility.
Miami and/or San Juan might become very familiar to her.
Or perhaps Santo Domingo will become her new home and she might commute to PC. It's not a bad commute.... on a helicopter.
-NALs
Even New York, Trump's headquarter ..anywhere in the East Coast actually.
Here's a anecdote for what I really meant, ..
Here in the U.S., once Presidents leave offices (think Bill Clinton) they are usually inundated with multi-million dollar offers (from Hedge funds, private equity, start-up ventures, well established corporations going big into a particular sector, etc.). They aren't much interested in having then work for them in the classical since, so much as they are interested in their name and the legitimacy and biz they can engender from it. Same thing happens to some extent with former Congressmen and some of their family member to some extent.
Now take a read at the following report from Bear & Stearns and tell me if sounds similar in any way:
Once again:[FONT=Verdana, Arial]Cap Cana ? An Enclave of Luxury ? Project Moving Ahead At or Above Expectations
Cap Cana is very well positioned in a sector which is one of the country?s key drivers of growth: tourism and leisure. To enter the threshold of this giant real estate development (the entire property measures about 46 square miles ? roughly twice the size of Manhattan) is to leave the unpleasant aspects of the third world behind while retaining the level of personalized service and attention that only a third world country can provide ? all within a 10 minute drive of Punta Cana international airport.
While construction is still taking place in every direction the eye can see (much of it on a 24-hour schedule), the areas that are already completed provide a very good idea of what the finished product will look like: breathtaking vistas no-expenses-spared luxury, the latest cutting-edge technology and excellent infrastructure. While there, we had a chance to tour the marina (expected to be one of the largest, if not the largest in the Caribbean) and the surrounding founders? package condos, as well as the Green Village units, Farall?n lots, completed golf course and associated club house and completed beach club, all of which were extraordinary in their beauty and in the attention paid to detail in their design. Construction seems to be going according to, or ahead of, schedule.
We also visited much of the supporting facilities such as administrative offices, schools (including an international school) and employee housing and entertainment ? all of which seemed to be progressing briskly (administrative offices had been completed). There are also two hotel sites under construction, one of which we expect to be completed by the summer of this year. We expect that the entire portion of the Cap Cana project that was financed via the recent bond issue will be completed and handed over to the new owners by around August of 2008.
Official figures with updated sales data have not been released yet ? we expect them to come out early to mid next week. For now, we can share management?s indication that sales across the different units have been progressing at or above initial expectations, including the Farall?n lots which will be branded under the mark ?Trump Farall?n Estates at Cap Cana?. We note that the agreement that Cap Cana reached with Trump is purely a licensing agreement intended to increase the project?s profile on a global basis, while also adding the Trump distribution network to the sales effort. Cap Cana remains the developer.
It is further important to note that interest in the Farall?n lots seems to have been strong even prior to the agreement with Trump, as about 40 indications of interest (ie. people paying a US$100,000 for the privilege of participating in the official Farall?n sales events) out of 68 lots had already been received at the time the agreement was signed. We also note that the portion of Cap Cana that will be developed in conjunction with the Trump brand is only a small part of the entire property. So there will be plenty of opportunities for potentially interested buyers who are not fans of Trump. To summarize, we came away encouraged from our Cap Cana site visit. It would be difficult to envision being worried about the notes, given the significant amount of collateral backing them, while still trading 250+ bps wide of the sovereign ? especially since the project will be providing regular financial and operational updates to the market.
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This may sound shocking to you, but I believe there's really more of an onus on Cap Cana making the Apprentice winner happy than there is an onus on her doing much of anything. Like the former U.S. commander in chief, aside from ceremonial things like greeting, meeting, and perhaps occasionally chaperoning the most important potential investors around Cap Cana I doubt Cap Cana will demand much else of her --the day-to-day managing etc. can be delegated...[FONT=Verdana, Arial]...We note that the agreement that Cap Cana reached with Trump is purely a licensing agreement intended to increase the project?s profile on a global basis, while also adding the Trump distribution network to the sales effort. Cap Cana remains the developer. . [/FONT]
unrelated P.S.: Cap Cana is MORE THAN TWICE the size the island of Bermuda ! (1)
...MORE
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