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Old 01-18-2010, 03:03 PM   #1
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new mansion

has anyone seen don wallace's (lazydays founder) new digs? a mere 28,000 sq. ft heated. 40,000 sq. ft total living space. it will be the third largest mansion in the country. wow!!!!! jim Lazydays’ Wallace Building Mansion in Florida | RV Business
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Old 01-18-2010, 04:02 PM   #2
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Actually "only" the third largest in the county, not country! But still big enough to be able to stretch out and relax in! I'm sure there are some mansions in the country that would make this place look like a nice sized garage!
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Old 01-18-2010, 04:38 PM   #3
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easyrider, wow! and i try so hard to edit my post before pushing the go button oh well still a pretty nice shack jim
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Old 01-18-2010, 05:13 PM   #4
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That place looks cool. I wonder if it has a built-in full hookup or two 'round the back
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Old 01-23-2010, 02:07 PM   #5
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Shack, the basketball player has a 38,000 sq ft place in Orlando.
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Old 01-23-2010, 02:53 PM   #6
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Ain't bankrupcy a great tool?
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Old 01-24-2010, 12:08 AM   #7
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Sorry to disappoint, but the Lazydays bankruptcy had zero impact on Don Wallace and his family. Don started divesting his LD ownership back in the 90's by turning it into an ESOP and sold a large stake to the employees. Then he brokered a deal in '05 or '06 to sell LD to a private equity group and made many employees into millionaires. He retained a 10% ownership position but had nothing to do with operations in the last few years. The bankruptcy was driven by the interest payments due on the debt associated with the buyout which occurred at the top of the market.

We were at LD last week and the place was very crowded. The service bays were full and the "delivery lots" were busy. Rally Park was also full. It certainly appears that business is returning.

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