Serenity Point

A Canadian Limited Partnership holds the property. Each investor receives LP units representing deeded equity. The structure provides liability protection, flow-through tax treatment, and the same legal framework institutional real estate investors use.

Quarterly, beginning Year 2. Year 1 (August-December 2026) is the ramp-up period with no distributions - standard for any new acquisition.

The conservative scenario at 60% occupancy and below-market ADR still projects approximately 24% five-year IRR. We have built the model with conservative assumptions. Risk factors are detailed in the offering documents.

The primary mechanism is owner-initiated unit resale through the Luxara Unit Transfer Program. When you want to exit, Luxara facilitates the introduction of your LP units to a qualified incoming accredited investor entering the same property at the then-current fair-market value (4% facilitation fee). Each transfer is an individual private transaction between qualified parties. The property is held long-term; the investor base recycles through it. The 5-year IRR projection is a return-projection horizon, not a forced sale date. Edge-case mechanisms exist for circumstances that warrant them: refinance and equity distribution (returns capital without changing ownership), LP unit swap between existing investors, Luxara buy-back of units (available from 2028), or whole-asset sale (requires majority owner approval).

July 31, 2026 - possession date. After possession, pricing will be re-evaluated based on actual property performance and updated valuations.

Vacations in Canmore. They handle dynamic pricing, marketing across all platforms, full guest services, housekeeping, and maintenance coordination.

Yes, subject to home-jurisdiction qualification and cross-border counsel review. The Luxara/Capital LP structure is the regulatorily compliant pathway for foreign accredited investors to gain Canadian residential real estate exposure while the Prohibition on the Purchase of Residential Property by Non-Canadians Act remains in effect (currently through January 1, 2027). Foreign subscriptions need to begin the documentation process at least 14-21 days before close. Full structural analysis at /research/foreign-investors-canadian-real-estate; FAQ entry on foreign investor eligibility at /faq#accredited.

Serenity Point is structured as a Canadian Limited Partnership - the same vehicle institutional investors use. Like a private real estate syndication, you own deeded equity in a specific asset with a specific investment thesis, rather than a diversified fund. Unlike a REIT, you can see, visit, and understand exactly what you own. Unlike a private equity fund, the minimum is $100,000 rather than $1M+.

No. Serenity Point is a Canadian Limited Partnership with deeded equity ownership in a single named property. Five structural differences from a timeshare: (1) deeded LP equity in real estate, not a contractual right to use; (2) owner voting on major decisions, not developer control; (3) published fair-market-value pricing, not developer-set markup; (4) defined resale pathway through the Luxara Unit Transfer Program, with documented owner support; (5) a finite single-property LP, not perpetual developer issuance against the same asset.

Ascent and Summit subscribers receive an annual owner-time points allocation, redeemable for stays at Serenity Point or at any Luxara property through the Luxara Exchange. Approximate equivalence at Serenity Point: Ascent points are roughly equivalent to 5 nights per year, Summit points roughly 10 nights. Specific points values, total annual allocations, and points-per-night redemption rates are set by Luxara, may change over time - Luxara communicates them, and may adjust as the portfolio expands and seasonal demand patterns evolve. The points-redemption waterfall (what happens to unused points) is documented in the Limited Partnership Agreement and structured to preserve the value of your allocation. Booking priority rotates year-over-year so no owner is locked out of peak season repeatedly. The Explorer tier ($100K) is pure investment with no points allocation. Going-forward LUXARA/Capital offerings follow the same model - pure investment at the entry tier, points-based owner-time at the higher tiers.