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Founded in 1982, Westgate Resorts operates as a subsidiary of Central Florida Investments, Inc. (CFI), which employs over 10,000 people and has evolved into the largest privately held corporation in the Central Florida area. Siegel opened CFI, a real estate development firm, with an office located in his family garage in 1970. [citation needed]
At its organizational meeting held on January 30, 1989, the Appraisal Standard Board unanimously approved and adopted the original USPAP as the initial appraisal standards promulgated by ASB. USPAP may be amended, Interpreted, or retired by ASB after exposure to the users of appraisal services and the public in accordance with established rules ...
The distinction between extraordinary assumptions and hypothetical conditions can be a matter of law or professional standards in the field of real estate appraisal in the United States where the distinction is not only codified in USPAP, but enforced by various state real estate appraiser commissions or professional boards. However, the ...
David Alan Siegel (born May 3, 1935) [2] is an American businessman who founded Westgate Resorts Ltd, a Florida-based timeshare resort firm, and is its president and chief executive officer. He has ten biological children and two adopted children. Siegel is CEO of CFI Resorts Management Inc and Central Florida Investments Inc.
One of the most recognized professional organizations of real estate appraisers in America is the Appraisal Institute (AI). It was formed from the merger of the American Institute of Real Estate Appraisers and the Society of Real Estate Appraisers. Founded along with others in the 1930s, the two organizations merged in the 1990s to form the AI.
The Appraisal Foundation (TAF) is the United States organization responsible for setting standards for the real estate valuation profession. The organization sets the congressionally authorized standards and qualifications for real estate appraisers, and provides voluntary guidance on recognized valuation methods and techniques for all valuation professionals.
The Queen of Versailles is a 2012 American documentary film by Lauren Greenfield.The film depicts Jackie Siegel and David Siegel, owners of Westgate Resorts, and their family as they build their private residence—Versailles, one of the largest and most expensive single-family houses in the United States—and the crisis they face as the US economy declines.
The community is located on the west bank of the Kissimmee River, south of Florida State Road 60. [1] Some of the community is occupied by the Westgate River Ranch Resort, a cowboy-themed resort. There is an ownership RV park adjacent to the resort, though it has no affiliation with Westgate.