• Ritz Carlton Residences Flagship Condo Only property - the 1st in the world of it's kind.



• Residents will experience Luxury Hotel Style Living without the intrusion of others.



• Project site is 5.6 acres on the Developing Baltimore Harbor front - located at the foot of Federal Hill - a historic landmark in Baltimore. Next door to the location Francis Scott Key wrote the "Star Spangled Banner". This project is located in a very historic part of Baltimore.



• This is the last large piece of waterfront development property on the Inner Harbor.



• This is TRUE waterfront not just water view.



• Yacht owners will love it here in this Deep Water Port - 1100' of Yacht tie up and 21 Private Yacht slips available for rent to Ritz Carlton Residence Owners.



• The Baltimore Harbor is a destination of it's own for Yachters traveling up and down the East Coast. This Harbor opens directly to the Chesapeake Bay a world renowned Sailing and Yachting destination.



• The project took 5 years to gain development approvals. The site work is almost complete. Sea walls have been built. The building construction should start in September of 2005.



• We are very early in the sales process. Phase one was sold to only end users. There are no or very few investors in this project. The developer will sell a very limited number of units to investors.



• Current PreConstruction Prices range from $1,048,000 to $5,000,000 . I heard but have been unable to confirm that a buyer in Phase one purchased two units to put together as one. Price somewhere around $7,000,000. There will be some very high priced units on this property. I had set aside for my buyers many of the lower priced entry level units.



• We are ready to go direct to "hard" contract - no reservations here. I have a PDF of the contract I can forward to you if you desire. The office staff in Baltimore will prepare your contract and overnight mail it to you for your signature. You will send it back overnight mail with the deposit check. It's as easy as that.



• Contract deposit: Due to my relationship with the Developer I have worked out a great deposit structure - 5% with contract, 5% 5 months later & 5% 5 months after that for a total of 15% deposit today!



• For a limited number of units the developer will accept LLC purchases (this is the loop hole to get around contracts being non assignable). This opportunity allows you to sell the LLC that owns the unit before it is completed and you are required to close. You can sell the LLC that holds the property contract at any time. The developer has given me special permission to do this with a limited number of contracts.



• I expect construction to take 1 1/2 to 2 years. You have a long period of time to watch the value of your purchase grow and plenty of time to resell your unit to an end user.



• There are only 174 units - when you decide to sell your unit you won't be competing with 1000's of resales as is the case in some markets. This is a unique & one of a kind project in this market. Demand vs Supply = ?? prices!



• The end user buyers of these Ritz Carlton Residences are expected to be high income people. They desire 1st class properties and will pay the price for them.



• The units will be detailed with very high end finishes as expected in a Ritz Carlton property. Viking kitchens and other high end brand name products are being installed.



• The Ritz will manage the 5 Star Restaurant located on the property. You can have a 5 Star Meal delivered to your residence or even your Yacht parked out front!



• The Ritz will also manage the onsite Spa. This will be a high end spa with a private entrance for the Residence owners.



• There will be a private screening room on site (private movie theater for residence use).



• The site amenities will be private to the residence - no public access to the grounds, enclosed pool, gardens and other site amenities.



• My research shows Baltimore has been experiencing great appreciation.



• In a June USA Today article the USA today writers wrote that Maryland housing prices had increased 21% over one year, 77.9% over the past 5 years and 321.2% since 1980.



• Baltimore doesn't seem to be on the radar screen for all the Real Estate market bubble talk.



• This property is just minutes from Johns Hopkins University & Medical Center. There should be many doctors, administrators and research people intested in living just blocks away from their work.



• Commuters can take a 45 minute train to downtown Washington DC. All the Washington DC Amenities and historic sites are a short ride away.

Imagine the Best of Two Worlds: