Search results for : residential
March 22, 2024
GBPA showcases investor-ready commercial and residential properties
NASSAU, BAHAMAS — Executives of the Grand Bahama Port Authority are heralding a 'renaissance' in the island's economy, with a pipeline of projects worth $2 billion. During the opening of their Nassau satellite office, they showcased several 'investor-ready' commercial and residential properties. Derek Newbold, Chief Investment Officer for the GBPA, highlighted the progress made since [...]
January 09, 2024
HG Christie Tapped by Weller Development Partners to Lead Brokerage of First-of-Its-Kind Luxury Residential Development in Grand Bahama
HG Christie, a Bahamas-based full-service real estate company, announced today their partnership with leading real estate developer, Weller Development Partners, to handle the branded residential sales for Weller’s $250M+ Six Senses Residences Grand Bahama Development.
January 09, 2024
$250 million Six Senses development on Grand Bahama to launch residential sales in Q1
NASSAU, BAHAMAS — Residential sales for the $250 million Six Senses Residences Grand Bahama development are scheduled to commence in the first quarter of this year. On Monday, Weller Development Partners, a DC-based full-service development firm, announced its strategic partnership with HG Christie and Bespoke Real Estate to handle the offerings. The Six Senses Grand [...]
January 08, 2024
Four Seasons to expand residential portfolio to The Bahamas
NASSAU, BAHAMAS — Luxury hospitality company Four Seasons, along with the US-based real estate development firm Two Roads Development and Access Real Estate, have unveiled plans for The Ocean Club, Four Seasons Residences in the Bahamas. Scheduled to open its doors in 2027, this residential community will comprise 67 turnkey Private Residences managed by Four [...]
January 02, 2024
Central Bank relaxes lending rules for residential mortgages
NASSAU, BAHAMAS — The Central Bank has announced that it is relaxing the lending rules for residential mortgages provided by domestic banks and credit unions by revising the minimum equity injection requirement, a move expected to alleviate the financial burden for qualified borrowers and allow some additional individuals to qualify for credit. The Central Bank [...]
Government mandates rent relief for three months for eligible individuals in residential properties
April 27, 2020
Government mandates rent relief for three months for eligible individuals in residential properties
Rent is not being cancelled. 40% of rent payments will be deferred for April, May, and June. Renters must apply through their landlords and must submit the required documentation...
Rent scheme's 40 deferral
April 28, 2020
Rent scheme's 40 deferral
PRIME Minister Dr Hubert Minnis announced long-awaited details of his rental assistance programme yesterday, revealing an initiative that will be based on deferrals and will apply only to residential rentals...
BEC Chair says Lower Fuel Costs Coming
September 19, 2011
BEC Chair says Lower Fuel Costs Coming
REDUCED load factors and increased energy production using Bunker C fuel should soon reduce the fuel charge component on Bahamas Electricity Corporation (BEC) bills, its chairman told Tribune Business yesterday, helping to mitigate world oil price volatility.
April 11, 2024
Atlantis Contends That Paradise Island Remains Safe Followed Alleged Rape
NASSAU, BAHAMAS – On the heels of a 51 year old woman allegedly being sexually assaulted, at a private residential property, on Paradise Island, Atlantis Senior VP of Government Affairs and Special Projects Vaughn Roberts asserts that Paradise Island is "still safe." The incident reportedly occurred on April 10, 2024 around 10:00 pm on Casino [...]
BTC keeps customers connected during Tropical Storm
November 08, 2022
BTC keeps customers connected during Tropical Storm
BTC has announced cost saving measures to keep customers connected during the passage of Tropical Storm Nicole. The concessions begin at 7pm this evening and end at 7am on Thursday, November 10 th .
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