Scrub Island Resort in the British Virgin Islands opened on schedule today, becoming the first new resort to be built from the ground up in the BVI in more than 15 years.Scrub Island is one mile offshore from Beef Island on Tortola, site of the main airport in the BVI.Facilities include 26 oceanview guestrooms and [...]
Read moreEast West Resort Development V LP LLLP, a U.S. luxury residential community developer, filed for bankruptcy protection early on Tuesday, saying it was unable to secure additional capital from its current lenders to fund development and other expenses.In court filings, the company said it was formed to develop residential and commercial real estate projects on [...]
Read moreThe Forkosh Development Group wants millions of dollars worth of help in suburban Miami.
The developer seeks an equity partner – with $30 million to $40 million – to help jumpstart the stalled 52-story Solis Resort Spa & Residences project in Sunny Isles Beach, reports trade pub Commercial Mortgage Alert.
Forkosh has already poured some $53 million [...]
(Personally, I think this would have happened regardless of the economy. $18 hamburgers and poor service… It’s tough to recruit help 30 miles off the strip, when there are so many opportunities for labor closer to town – bc)
The Ritz-Carlton Lake Las Vegas, a five-diamond hotel at the troubled resort community in Henderson, told its [...]
Intrawest Holdings, owner of Whistler-Blackcomb resort, which is hosting ski events for the Vancouver Winter Olympics this month, said on Tuesday it has agreed to sell its Sandestin Golf and Beach Resort in Florida as it looks for ways to get out from under a heavy debt load.
Intrawest did not disclose the purchase price but [...]
Developer Joel Cantor proclaims it his “jihad mission” to sell out his Signature Place condominium tower, the 36-story skyscraper that strikes a sail-shaped profile on the St. Petersburg waterfront.
But the latest plan to light a fire under condo sales in the high-rise is giving even Cantor the jitters. His lender, Fifth Third Bank, is putting [...]
Why would a corporation let a beautiful resort die? Why would it let the resort gasp for breath and be overrun with weeds, broken windows, ripped awnings and filth?
The senseless death of the Grand Beach Resort on St. Thomas is sick and sad.
It has spent more than five years rotting away on one of the [...]
Gooding & Company, the internationally recognized auction house, is hosting a vintage automobile auction at Amelia Island Plantation—a AAA Four Diamond resort property located in northeast Florida. The one-day auction will take place on Friday, March 12 at 5 p.m.
The auction’s main attraction is the 1931 Voisin C20 “Mylord” Demi-Berline, Best of Show winner of [...]
The tabloids might be obsessed with Tiger Woods’ marriage, but we’re more interested in his real-estate dealings.Golf-resort developer Jim Anthony seemed to have pulled off a major coup by signing Mr. Woods to design the superstar’s first U.S. course at a 3,200-acre community in the high meadows of the Blue Ridge Mountains in North Carolina.That’s [...]
Read moreTimbers Resorts has officially opened its One Steamboat Place, a new slopeside resort development at the base of Mt. Werner at Colorado’s Steamboat ski area.
“We are thrilled to unveil One Steamboat Place, a one-of-a-kind residential experience located at the gondola,” said David A. Burden, CEO and Founder of Timbers Resorts. “We are excited to be [...]
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