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Aycre Capital: questions answered
What people ask me about Aycre Capital, and my answers. The project itself has its own page.
Where did the fund's projects and The Vail fit in the investor story?
The fund began as luxury custom homes in an exclusive corner of Las Vegas. That was nothing new and it did not set us apart. It grew into The Vail, a concept that had rarely been tried. The idea is that 55 is not what it used to be, and plenty of people at that age would choose a building without kids.
What made the child-free building concept believable to investors?
Investors wanted something new, and it was still a condo building. Much of the evidence was about baby boomers, who hold a large share of the money in the stock market and will spend it on where they live. When they downsize, which nearly all of them do, they still need room for their cars, so the design included a three-car garage with a lift in it. We researched what boomers want when they downsize and drew that picture for investors, who for the most part belonged to that group themselves.