Time-Share Mogul Unloading $350M in Assets

June 4, 2010

(GlobeSt.com)  ORLANDO-Amid the nation’s continuing real-estate slump, time-share king David Siegel is attempting to sell $350 million worth of real estate and noncore assets, including thousands of acres of undeveloped land in Central Florida. The president and CEO of locally based Westgate Resorts has listed a portfolio of properties with Carlton Advisory Services Inc., an international real estate investment-banking firm.

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