Markets

Bimini Bay Hires Miami-Based KW Property Management

By: Caribbean Journal Staff - January 2, 2013 - 2:34 pm

Above: Bimini Bay

By the Caribbean Journal staff

The Bimini Bay Resort in the Bahamas has tapped Miami-based KW Property Management and Consulting to manage its residential component.

The resort, which will soon be adding a casino run by Malaysian gaming giant Genting, contains 384 private residences.

“They had a fantastic portfolio of local South Florida high-rises and development that gave me more comfort,” said Rafael Reyes, president of Bimini Bay. “If you’re in South Florida, your resources are closer to our island — South Florida is literally a hop, skip and jump away from our property.”

KW’s portfolio includes properties such as the Turnberry Village in Aventura and the 900 Biscayne condominium in downtown Miami.

“The addition of Bimini Bay in the Bahamas strengthens the depth and breadth of our residential property management services on an international basis, in addition to our well known expertise in Florida and recent expansion into New York City and Nashville.” said Robert White, Co-Managing Director at KW, in a statement.

As Caribbean Journal reported earlier this year, RAV is working to position the resort and the island as an international destination, highlighting the island’s proximity to Miami and South Florida. (It’s just over 50 miles).

Jesus Castañon, head of the real estate division at Bimini Bay developer RAV Bahamas, said the project had weathered the downturn far better than its Caribbean competition, closing more than $40 million in sales in the last year and a half.

“This is a small project, but this project has survived one of the worst real estate collapses in history,” he said. “For this to be in a Caribbean island, the fact that it’s around $40 million [in sales], is amazing.”

The casino will reportedly be completed by the middle of 2013.

New ferry service from Miami is also scheduled to launch to Bimini beginning in late January.

Reyes said the company had not yet decided whether KW would manage the recently-launched $250 million Rockwell Island development on the site.

Popular Posts antigua long bay

25 Perfect Caribbean Beaches to Add to Your Summer Bucket List

There’s nothing like a Caribbean beach in summer. The crowds thin out, the winds relax, and the islands start breathing in a different way. The beaches you thought you knew feel new again— stretches of sand once packed with winter […]


The 15 Best Hotels in Trinidad and Tobago, From Hidden Eco-Retreats to Luxury Towers

trinidad and tobago hotels where to stay

From Port of Spain to Tobago’s quiet coasts, these are the places to check in now No two Caribbean islands are quite like Trinidad and Tobago—and no two hotels here feel the same. This is a destination of contrast: Carnival […]


This Marriott All-Inclusive Resort Is Coming to Barbados —  And You Can Book It With Points

new brand for the caribbean

Barbados has long been a haven for adults in search of refinement — the kind of place where luxury and culture blend in quiet, confident harmony. Now, that ethos is becoming the foundation of a new resort concept that aims […]


Related Posts nassau detroit flights

Nassau Is Getting New Daily Flights From Detroit 

The restaurant scene is one of the hottest in the hemisphere. The beaches are some of the best in the world. And did we mention the dynamic cocktail culture?  Nassau is one of our favorite places to visit in the […]


Forget the Crowds: 5 Tiny Caribbean Islands to Escape to Now

There’s a certain moment in Caribbean travel. When the big islands start to feel crowded. When the bustling beaches feel like airports. When the escape needs an escape. That’s when you go smaller. Not just small — tiny. Because tucked […]


Bahamas Cruise Passenger Arrivals Keep Climbing 

bahamas cruise arrivals

Cruise arrivals to The Bahamas continue to surge, with the region’s most popular cruise destination showing no signs of slowing down.  The Bahamas reported 2.759 million cruise passenger arrivals in the first quarter of 2025, according to data from the […]