Luxury Fractional Real Estate Offers Frequent Visitors to San Francisco a Pied-à-Terre in The Ritz-Carlton Tradition

San Francisco – March 12, 2007 – The heart of San Francisco now has an address:  The Ritz-Carlton Club, San Francisco.  Scheduled to open in November 2007, this luxury fractional real estate option will offer Club Members a luxurious home in the city for use while on business or leisure. It is a perfect option for those who desire a second home, yet only need it for a fraction of the time.

Life at The Ritz-Carlton Club is unparalleled to other fractional real estate options providing Members everything The Ritz-Carlton brand is known for.  From The Ritz-Carlton signature world-class concierge services, to the luxury spa offerings, The Ritz-Carlton Club, San Francisco mirrors second home ownership – with the convenience and reliability of a pied-à-terre — yet free of the higher real estate costs and maintenance responsibilities.  Members have a choice of purchasing deeded interests customized to meet a prospective Members usage requirements within one-, two- or three-bedroom residences.  Whether used for frequent business trips or lavish escapes, The Ritz-Carlton Club, San Francisco will provide Members with the finest services and amenities to make their residence an instant place of elegance, luxury, and, most importantly, comfort. The Ritz-Carlton Club lifestyle includes pre-arrival provisioning of the residences, signature personal concierge services, storage of personal items, assisting with travel arrangements, and twice-daily housekeeping.

“San Francisco is such an incredible destination…one that is truly unique and very popular among travelers,” said Robert van Dijk, director of sales and marketing, The Ritz-Carlton Club and Residences, San Francisco.  “As we speak to current and prospective Club Members we find they are drawn to the destination, and then are sold on the conveniences and lifestyle The Ritz-Carlton Club affords.  The ability to purchase deeded real estate at a cost commensurate with use is an ideal choice for many who visit the city regularly. For these individuals, they do not view a hotel room or the purchase of an additional residence as options to suit their needs.”

San Francisco, known for its spectacular dining experiences, striking architectural sights and proximity to the countrys best-known wine country, is a favorite destination for the well-heeled visitor.  With the diverse and varied collection of San Francisco experiences visitors often become residents – on both full- and part-time basis. And the central location of The Ritz-Carlton Club, San Francisco could not be better to offer Members the ability to take advantage of the citys many offerings.  From the convenience of shopping in nearby Union Square, experiencing many of the San Francisco cultural opportunities–including the San Francisco Modern Museum of Art, Asian Art Museum, the opera, symphony and ballet to name a few–-to the many beautiful landmarks such as the Golden Gate Bridge and the San Francisco Ferry Building.

The Ritz-Carlton Club, San Francisco is located in the former Chronicle building at 690 Market Street, the West Coasts first skyscraper, built in 1890.  The building is currently being renovated to provide 49 fractional and 52 wholly-owned residences. The Ritz-Carlton Club program gives Members the opportunity to buy into a highly-desirable location in San Francisco with an added benefit of signature brand services and amenities. Prices start at approximately $232,000 per interest.

The property will include a fitness center, residents lounge, business and conference facilities, valet attended garage parking and a private entrance located on Market Street.  All residences will be equipped with acoustically rated exterior windows and high-speed Internet access.