Walker's Cay deal in limbo

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September 22, 2010

By JAMMAL SMITH
Guardian Business Reporter
jammal@nasguard.com

Negotiations for the purchase of the Walker's Cay resort have come to a standstill, with the primary bidder for the site claiming that the seller is making the process to close the deal on the multimillion dollar project more difficult.
Principal of the offshore developer Victoria House IBC, Scott Ronning, told Guardian Business that little progress has been made on finalizing an agreement to purchase the Walker's Cay resort in Abaco.
He claims that the seller of the property is making demands that are becoming hard for his group to meet. Walker's Cay has been owned by

the Abplanalp family from New York and their ...

Click here to read more at The Nassau Guardian

News date : 09/22/2010    Category : Nassau Guardian Stories

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