The market for private islands has never been so unsteady, says an island broker with more than 120 isles from 22 countries on his books.
Benchmark (Bahamas) put the $2.5 million net loss from 2011 behind it, and has moved on to generate a modest $53,183 2012 first quarter profit.
The Sterling Financial Group is touting a solid 5.22 percent return in the first quarter on its latest fund offering, the New Providence Income Fund…
The $24 billion lawsuit against Credit Suisse has revealed possible illegal business dealings with Iranian government.
Debt-saddled Kerzner International transferred ownership of its Paradise Island properties to one of its lesser creditors, leading other lenders to voice serious complaints.
Baha Mar seems focused more on selling investment-grade luxury condos than actually boosting hotel-based tourism to The Bahamas.