ISLAND FRACTIONAL HOMES LLC develops and markets luxury fractional vacation homes in the Hawaiian Islands. We acquire, renovate, and fractionalize superior properties and provide a turnkey, hassle-free experience for our owners. We put in place professional property managers who manage the day-to-day, quarterly, and annual responsibilities of maintaining a luxury vacation home and ensuring that our owners’ needs and expectations are met.

Randall Harris,
Fractional Developer,
Fractional Development and Marketing Consultant
Island Fractional Homes LLC & Harris Fractional Consulting Group

Founder Randall Harris brings nearly thirty years of business management experience to the leadership of Harris Fractional Consulting Group and Island Fractional Homes. Randall has spent his entire career, as both a corporate manager and an external management consultant, working closely with senior management teams and entrepreneurs in building their organizations and driving business results.

Specializing in planning and project management, business performance improvement, and organization design and development, Randall has worked for such leading companies as Rockwell International, SmithKline Beecham (now Glaxo SmithKline), and Amgen. He holds a BA from the University of California and an MS from Chapman College.

Randall is both a strategic thinker and a highly detail-oriented planner and implementer. Analytical and thorough by nature, he has developed a fractional business model that provides measurable value for your investment dollar;

• Provides measurable value for your investment dollar;
• Ensures that both sellers and buyers fully understand the nature of fractional ownership, through our comprehensive educational materials, Web site, marketing collateral, and legal documents;
• Maintains profit margins that are fair and reasonable yet considerably lower than those of our competitors, by employing a fixed versus variable cost structure both to our consulting clients and to fractional owners.

Randall Harris has sought out the best talent in the fractional real estate industry to help guide the growth of Island Fractional Homes and to serve his fractional clients in Hawaii and the Western United States. He has assembled a network of independent advisers who collaborate on a regular basis in all key aspects of fractional real estate development: property acquisition and development, financing, financial analysis, accounting, fractional real estate law, property management, and sales and marketing.

Stephen R. Anzalone
Certified Public Accountant S. R. Anzalone Accountancy Corporation

Stephen Anzalone has over twenty-five years’ experience in providing business and tax consulting services to a wide range of clients. His accounting firm works with high-net-worth individuals, with a concentration in real estate and small business consulting.

Stephen is an expert in real estate acquisition and development and is regularly sought out for counsel in the specialized areas of tenants-in-common (TIC) properties, fractional ownership, and 1031 exchanges.

Steven R. Lee, Esq.,
Attorney at Law

Steven Lee is a recognized expert in real estate development and sales throughout Hawaii, in both the condominium and the fractional ownership markets. With over five hundred condominium projects completed and many condominiums and fractional developments in process, he has worked with clients on the acquisition, formation, and operation of shared-ownership residential, commercial, and agricultural properties all over Hawaii. His first fractional projects on Kauai were in the Princeville area in the late 1980s, followed by projects in 2002, 2005, and 2006. He has presented classes to brokers, investors, bankers, and other interested parties all over Hawaii, including to Realtors’ associations and community groups. Steven has been involved with real estate law for over thirty years, both in Hawaii and on the mainland. He has participated in the legislative process, testifying before the state legislature and county boards and panels on various topics related to real estate, helping to shape the regulation of land use and development. His projects in Hawaii alone have involved the sale of real estate with current values of over a billion dollars. Nearly all his current practice focuses on fractional interests and condominiums.

Sherman D. Potvin,
Fractional Industry Consultant Founder of Luxury Fractional Guide

Sherman D. Potvin is recognized throughout the fractional industry as one of the most experienced consultants in the field. He has worked with leading companies such as Intrawest, Four Seasons, and Ritz Carlton as well as with many individual developers the world over.

Sherman has founded the world's premier Web site for fractional real estate, Luxury Fractional Guide, and has recently completed a book designed to aid vacation homeowners in fractionalizing their homes. He has served on numerous boards and panels at fractional symposiums throughout North America.

Mr. Potvin has been involved with real estate as a broker for more than thirty-five years and, for the past seventeen years, has helped shape the fractional industry and bring it to its accepted prominence today.