Search results for : Lucayan
Grand Lucayan deal closing put off by two months
Grand Lucayan deal closing put off by two months
Weeks after stating on August 4 that the parties involved in the sale of the Grand Lucayan resort in Freeport have agreed to a 45-day extension to "complete requisite legal documentation", Lucayan Renewal Holdings Limited (LRHL) said on Friday that 45-day extension, which expired on September 15, had been for "due diligence" and, by virtue ...
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Grand Lucayan negotiations 'on track for a successful purchase'
LUCAYAN Renewal Holdings Limited said Friday that negotiations surrounding the sale of the Grand Lucayan in Grand Bahama are progressing towards a successful deal.
Grand Lucayan deal extension runs out
Grand Lucayan deal extension runs out
After several extensions to the due diligence period for the Grand Lucayan resort sale, there is still no indication that the sale of the troubled Freeport property to Electra America Hospitality Group for $100 million will close anytime soon - if at all. Last week Thursday, Lucayan Renewal Holdings Limited (LRHL), the special purpose vehicle ...
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Cooper: Public discourse on Grand Lucayan negotiations not in Bahamians' best interest
Acting Prime Minister and Minister of Tourism, Investments and Aviation Chester Cooper explained yesterday that the extended due diligence period given to Electra America Hospitality Group will allow it to continue to collect data on the resort they have agreed to buy and to continue negotiations with the government. He added that saying more publicly about the ongoing negotiat...
FNM calls on govt to complete sale of Grand Lucayan
FNM calls on govt to complete sale of Grand Lucayan
The Free National Movement (FNM) yesterday called on the government to conclude the sale of the Grand Lucayan resort. "The decision to extend the closing of the Grand Lucayan is both troubling and disheartening to the residents of Grand Bahama," the FNM said in a statement. "Back in May 2022, and with much fanfare, pomp ...
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Further extension for Grand Lucayan sale
Further extension for Grand Lucayan sale
Lucayan Renewal Holdings Limited (LRHL) announced last night that it has agreed to a further seven-day extension for the due diligence period for the sale of the Grand Lucayan resort in Freeport to Electra America Hospitality Group, which agreed to purchase the property for $100 million from the government of The Bahamas. LRHL, the special ...
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Lucayan Beach
Lucayan Beach
- $ 149,000
- Vacant Land
- Grand Bahama, Bahamas
- Lot Area : 18750 sqft
Lucayan Beach
Lucayan Beach
- $ 149,000
- Vacant Land
- Grand Bahama, Bahamas
- Lot Area : 18750 sqft
Lucayan Beach
Lucayan Beach
- $ 149,000
- Vacant Land
- Grand Bahama, Bahamas
- Lot Area : 18750 sqft
Lucayan Beach
Lucayan Beach
- $ 149,000
- Vacant Land
- Grand Bahama, Bahamas
- Lot Area : 18750 sqft