Shell Vacations LLC Selects Cal Denison For Business Development/Acquisitions Role

A seasoned real estate executive with a solid background in due diligence, analytical and managerial assignments has joined Shell Vacations LLC to provide assistance in the areas of business development and acquisitions.

Cal Denison has been selected to work with Chairman and CEO Sheldon Ginsburg and President Tracy Sherles on strategic alliances, new business acquisitions and, most importantly, to analyze the myriad new opportunities that continue to come Shell Vacations’ way.
“Always creating waves, Shell continues to consistently lead the pack,” says Ginsburg, “and this is just another example of innovative thinking and building bench strength.”

“Cal’s amazing background and impressive credentials make him well positioned for this unique assignment,” stated Sherles. “With so many opportunities presented to us on a recurring basis, we are not always able to review them with the depth of analysis that is appropriate. With Cal now on our team, every opportunity can be thoroughly reviewed and analyzed. We are delighted to utilize his exceptional analytical and financial modeling skills as Shell Vacations continues to expand its operations.”

For over 25 years, Cal Denison has had hands-on experience with a diverse variety of property types, focusing more recently on timeshare development and operating residential projects in both corporate and entrepreneurial environments. For the past eight years, he has been a self-employed real estate entrepreneur, consultant and developer, acquiring, redeveloping and liquidating more than $15m in Chicago-based apartment and hospitality properties. He has also developed luxury condominiums in Indianapolis.

Denison also served as President and Chief Operating Officer of Divi Resorts, Inc. for five years as it emerged from bankruptcy, where he was responsible for successfully developing and executing a business plan to regain profitability in the post-bankruptcy phase. Divi Resorts operated nine Caribbean timeshare properties and two casinos.

A Chicago native, Denison holds a BA in Economics and Finance from the University of Illinois and also maintains an active Illinois real estate brokerage license.

Headquartered in Northbrook, IL, Shell Vacations LLC is one of the nation’s most respected independent vacation ownership developers with 23 resorts and 2,500 employees serving over 100,000 owners/members. The company specializes in the sales and hospitality management of vacation ownership resorts.

For more information, please visit www.ShellVacationsClub.com  or www.ShellVacationsHospitality.com