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Isaac French

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  • 2 min

Why We Sold Live Oak Lake

🏡 Initially listed without a year of operating history and a non-specialist broker, the property was pulled from the market. In early 2023, broker David du Menil from The Intrepid Group relisted it at $7.3M. Under contract at $6.5M, the nonrefundable earnest money was set at $15,000. A buyer's funding fell through days before closing, costing nearly the amount of earnest money in attorney fees. A new $7M offer with $200,000 earnest money was nearly lost when an investor withdrew, but the sale completed after an additional six-week wait.
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Design Matters More Than Ever

🔥 Every Saturday, a newsletter, 'Differentiated Design' by Hans Lorei, is read; recent California fires have impacted the content's resonance. On Tuesday, when the LA fires started, Hans was leaving the city. He reflects on the loss of homes, not just as structures, but as life and refuge. Hans, who has grown popular on Instagram, shares design insights that shape readers' perspectives, emphasizing observation, taste, and travel to better design and create.
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My Favorite Hotel In The World

🏡 The Newt boasts 42 guest rooms across over 1,000 acres. With an average daily rate (ADR) of $2,000/night and an occupancy rate of 85%, annual room revenue is estimated at $26,061,000. Total gross revenue is speculated to be around $40 million USD annually. Despite this, sources suggest that the property is mainly breaking even. The Newt recently ranked #1 on the Top 50 Boutique Hotels in the World list.
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This Brand Has Taste (and is going places)

🌳 Hinter plants 10 trees for each guest through a non-profit partnership, costing just $1/tree. The company also runs the hinter planet newsletter, and their spaces serve as showrooms for local artisans. They offer a membership with 20% off stays, exclusive merchandise, and premium content. Hinter charges management/marketing fees of 30-40%, and is planning a 15-unit landscape hotel project in Vermont.
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