May 12, 2022
TREASURE CAY MARINA
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Treasure Cay buyer in $60m equity raise
The buyer for Abaco’s Treasure Cay resort is seeking to raise its target $65m equity capital from other investors while only committing $5m of its own funds, documents have revealed.
‘Thwarted’ Treasure Cay buyer targeting new developer’s deal
A “thwarted” buyer of Abaco’s Treasure Cay development is seeking to obtain evidence from its new developer to aid his pursuit of multi-million dollar lawsuits against both the former owner and the Government.
$177m HOA signed for Treasure Cay development
The proposed $177m revival of Abaco’s Treasure Cay development was yesterday hailed as a “win-win all the way around” and greeted with shouts of “hallelujah” by the island’s Chamber president.
Treasure Cay gets ‘break we’ve waited 35 years for’
TREASURE Cay stands poised for “the break we’ve been waiting for for 35 years” after a Florida-based developer last night confirmed he has a “binding” deal to acquire the Abaco development.
Treasure Cay sale to Kovats to proceed
Treasure Cay Resort president Robert Meister has confirmed that the sale of the resort will continue with Dr Mirko Kovats.
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