{"id":44831,"date":"2016-03-15T08:45:00","date_gmt":"2016-03-15T12:45:00","guid":{"rendered":"http:\/\/hispanicprwire.com\/grand-lucayan-resort-complex-for-sale-in-sealed-bid-auction\/"},"modified":"2016-09-20T11:21:03","modified_gmt":"2016-09-20T15:21:03","slug":"complejo-grand-lucayan-resort-en-venta-en-subasta-a-sobre-cerrado","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/complejo-grand-lucayan-resort-en-venta-en-subasta-a-sobre-cerrado\/","title":{"rendered":"Grand Lucayan Resort Complex for Sale in Sealed Bid Auction"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><b><i>Assets Can Be Sold in Whole or in Parts; No Reserve Price<\/i><\/b><\/p>\n<p><span class=\"xn-location\">FREEPORT, Bahamas<\/span>, <span class=\"xn-chron\">Mar. 15, 2016<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212;\u00a0<a href=\"http:\/\/hvscapital.com\/\" target=\"_blank\" rel=\"nofollow\">HVS Capital Corp.<\/a> today announced that the <a href=\"http:\/\/www.grandlucayan.com\/\" target=\"_blank\" rel=\"nofollow\">Grand Lucayan Resort<\/a> complex is being sold in a <a href=\"http:\/\/www.grandlucayanauction.com\/\" target=\"_blank\" rel=\"nofollow\">Sealed Bid Auction<\/a>. The 409-acre resort is the largest on Grand Bahama Island and the third largest in The <span class=\"xn-location\">Bahamas<\/span>. The owner, a subsidiary of <span class=\"xn-location\">Hong Kong<\/span>-based Cheung Kong Property Holdings Limited, has engaged HVS Capital Corp. to act as advisor in the sale. The seller&#8217;s preference is to sell the Grand Lucayan Resort complex as a single transaction. However, bids for individual assets will be considered. There is no reserve price. Additionally, seller-provided purchase-money financing may be available to appropriate bidders. The deadline for submitting bids is <span class=\"xn-chron\">June 10, 2016<\/span>.<\/p>\n<p>Photo &#8211; <a href=\"http:\/\/photos.prnewswire.com\/prnh\/20160309\/342570\" target=\"_blank\" rel=\"nofollow\">http:\/\/photos.prnewswire.com\/prnh\/20160309\/342570<\/a><\/p>\n<p>&#8220;There are a number of investment opportunities for an interested buyer, from purchasing the resort in its entirety or looking at individual components,&#8221; said <span class=\"xn-person\">Mike Sullivan<\/span>, HVS Capital Corp. &#8220;Some of those options include expanding and\/or relocating the casino, converting additional accommodations to an all-inclusive product or converting some accommodations to vacation or whole ownership.&#8221;<\/p>\n<p>Located 55 miles from the east coast of <span class=\"xn-location\">Florida<\/span>, the Grand Lucayan Resort complex, totaling 1,271 guestrooms, includes four hotel elements: the 10-story 528-room Breaker&#8217;s Cay tower; 198-room Lighthouse Pointe, newly renovated as all-inclusive; and 23 Lanai Suites\u2014all with 12 food and beverage outlets and three swimming pools; plus the 522-room Memories Beach Resort (presently leased to a third-party operator).<\/p>\n<p>&#8220;Baha Mar has garnered so much negative resort news for the <span class=\"xn-location\">Bahamas<\/span> recently,&#8221; remarked <span class=\"xn-person\">Stan Kozlowski<\/span>, HVS Capital Corp. &#8220;Unlike that situation, we see significantly more favorable economic investment opportunities for Grand Lucayan, no matter what options a potential buyer may consider.&#8221;<\/p>\n<p>Other amenities include:<\/p>\n<ul type=\"disc\">\n<li>Conference Center (40,000 sq. ft.), including a 15,000 sq. ft. ballroom, 16 breakout rooms, plus 50,000 sq. ft. of outdoor function space. <\/li>\n<li>Casino (23,375 sq. ft.) with 25 gaming tables, 195 slot machines, <\/li>\n<li>Destination Spa and fitness center (25,000 sq. ft.) <\/li>\n<li>Two golf courses, including the Robert Trent Jones, Jr., Reef Golf Course <\/li>\n<li>Four multi-surfaced tennis courts <\/li>\n<li>Approximately 15,000 sq. ft. of retail space<\/li>\n<\/ul>\n<p>Details on the Grand Lucayan Resort including the Sealed Bid Auction are available at <a href=\"http:\/\/www.grandlucayanauction.com\/\" target=\"_blank\" rel=\"nofollow\">grandlucayanauction.com<\/a>.<\/p>\n<\/div>\n<p> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><b><i>Assets Can Be Sold in Whole or in Parts; No Reserve Price<\/i><\/b><\/p>\n<p><span class=\"xn-location\">FREEPORT, Bahamas<\/span>, <span class=\"xn-chron\">Mar. 15, 2016<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212;\u00a0<a href=\"http:\/\/hvscapital.com\/\" target=\"_blank\" rel=\"nofollow\">HVS Capital Corp.<\/a> today announced that the <a href=\"http:\/\/www.grandlucayan.com\/\" target=\"_blank\" rel=\"nofollow\">Grand Lucayan Resort<\/a> complex is being sold in a <a href=\"http:\/\/www.grandlucayanauction.com\/\" target=\"_blank\" rel=\"nofollow\">Sealed Bid Auction<\/a>. The 409-acre resort is&#8230; <\/p>\n<div class=\"xn-content\">\n<p><b><i>Assets Can Be Sold in Whole or in Parts; No Reserve Price<\/i><\/b><\/p>\n<p><span class=\"xn-location\">FREEPORT, Bahamas<\/span>, <span class=\"xn-chron\">March 15, 2016<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212;\u00a0<a href=\"http:\/\/hvscapital.com\/\" target=\"_blank\" rel=\"nofollow\">HVS Capital Corp.<\/a> today announced that the <a href=\"http:\/\/www.grandlucayan.com\/\" target=\"_blank\" rel=\"nofollow\">Grand Lucayan Resort<\/a> complex is being sold in a <a href=\"http:\/\/www.grandlucayanauction.com\/\" target=\"_blank\" rel=\"nofollow\">Sealed Bid Auction<\/a>. The 409-acre resort is&#8230;<\/p>\n","protected":false},"author":1,"featured_media":44832,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-44831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-viajes-y-turismo"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/44831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/comments?post=44831"}],"version-history":[{"count":0,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/44831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media\/44832"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=44831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=44831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=44831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}