[rustyp]

The Villages Newcomers have a conversation about the developers going public or selling out to a profit organization

The Future of The Villages, Linda's Bad Day, and the Fate of the Bonsai - YouTube

[tophcfa]

It’s always a possibility, never say never. Who would have thought that Hacienda Hills would be torn down? Anything’s possible. That being said, the Villages already is a for profit organization, just not public.

[Stu from NYC]

The developer has a really good thing going must be making a boatload of money with nobody telling them what to do.

why sell?

[Mleeja]

I could see The Villages selling a significant portion of its holding north of 466. The commercial area outside of Spanish Springs seems to be doing well but aging. With all the “resistance” The Villages is receiving regarding the plans for Spanish Springs and the Hacienda site it would not surprise me for them to sell and just walk away. Their focus would be on the development of southern areas.

[Stu from NYC]

Originally Posted by rustyp

The Villages Newcomers have a conversation about the developers going public or selling out to a profit organization

The Future of The Villages, Linda's Bad Day, and the Fate of the Bonsai - YouTube

Started watching, getting bored and fast forwarding and finally left.

Would have been more interesting before we moved here

[kansasr]

I believe the Villages Land Company is already a for-profit organization!

[alwann]

Originally Posted by kansasr

I believe the Villages Land Company is already a for-profit organization!

I believe it's a LLC. Regulations and reporting are very soft compared to a public company.

[billethkid]

Get rid of the golden goose?
Why?
They make money when selling new!! When selling resales (over and over again).

[Stu from NYC]

Originally Posted by billethkid

Get rid of the golden goose?
Why?
They make money when selling new!! When selling resales (over and over again).

And they own the bank, interior decorating place and all of that real estate they rent out.

[Papa_lecki]

The Villages are a cash cow for the owners - why would they take it public?
It is a for profit company - just not a public ally traded company. If they go public, all the financial details become public information.

[Jayhawk]

Originally Posted by alwann

I believe it's a LLC. Regulations and reporting are very soft compared to a public company.

As it should be.

[Mortal1]

I find most of the posts have a congratulatory theme, but the between the lines sarcasm and jealousy just oozes through.

I say "BRAVO!" to all who make a profit! Most of us are because of the same desire to make $$$$$$. It's the American way.

[birdawg]

The most beautiful place to live, managed by the most professional organization in the country. Would you want the villages run by politicians?

[RICH1]

Originally Posted by tophcfa

It’s always a possibility, never say never. Who would have thought that Hacienda Hills would be torn down? Anything’s possible. That being said, the Villages already is a for profit organization, just not public.

Could mr. Donald Trump Florida Resident and developer buy the Villages? Could be the answer some are looking for! Casinos can take care of our Roads & Bridges.. just saying.

[graciegirl]

Originally Posted by tophcfa

It’s always a possibility, never say never. Who would have thought that Hacienda Hills would be torn down? Anything’s possible. That being said, the Villages already is a for profit organization, just not public.

Why would anyone change a good business plan? And there is no shame in a "for profit" business. We all need to try to quell rumors.

Hacienda Hills was torn down because after several tries, it was not supported by people either because the area was aging and didn't go out to eat as much or it was not run well or a combination of those factors. It is very common for restaurant businesses to fail. The land and building belong to the developer. What would you do or anyone do if they had property that the tax bill had to paid? Remember, it was offered to the ACC at a very reasonable price and they refused.