Transactions - Caribbean Journal

Transactions

Brookfield Completes $1.93B Atlantis Paradise Island Refinancing

Caribbean Cruise

Carnival Freedom is Moving to Norfolk

Carnival Cruise Line is bringing one of its most popular ships to Norfolk, Virginia. The Carnival Freedom will reposition from Port Canaveral to Norfolk in May 2027, beginning with a special 15-day Carnival Journeys sailing through the Southern Caribbean. That cruise will call on Aruba, Curacao, Grenada, Barbados, St. Lucia, Antigua, St. Maarten and St. […]

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Concord Wilshire Buys The Bahamas’ Grand Lucayan Resort

The Concord Wilshire company is buying the Grand Lucayan resort in The Bahamas, Caribbean Journal Invest has learned. The international real estate development firm has signed an $827 million deal with the government of The Bahamas to buy the resort. The actual consideration for the property was $120 million. The company has a “very ambitious” […]

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$4.7 Million Penthouse Sells on Nassau's Cable Beach

A penthouse at Nassau’s Goldwynn resort has been sold, Caribbean Journal Invest has learned. Unit 1203 at the Penthouses at Goldwynn was listed for $4.7 million; Rodland Real Estate’s Tim Rodland handled the transaction. The 5,008-square-foot unit has three bedrooms, three bathrooms and sweeping views of Cable Beach. It’s got a “modern beach-inspired aesthetic with […]

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This Popular Jamaica Resort Was Just Sold for $28.5M

A top all-inclusive resort in Jamaica has been sold, Caribbean Journal Invest has learned. The 225-room resort is set on the beach in the Runaway Bay Area of the north coast of Jamaica. So what’s on the move? It’s the Jewel Paradise Cove, which has been sold by owner Playa for $28.5 million, the company […]

$4.7 Million Penthouse Sells on Nassau's Cable Beach

The Ritz-Carlton, Grand Cayman. The Kimpton Seafire. The Four Seasons Anguilla. The Hotel Indigo Grand Cayman. Cayman’s Dart has been cultivating an enviable collection of Caribbean hotels in the last few years, and now it has another one. So what’s the newest acquisition? Dart has officially acquired the Zemi Beach House hotel in Anguilla from […]

The Most Expensive Home Sale in Puerto Rico This Year

It’s been one of the top luxury real estate destinations since the pandemic, and now Puerto Rico’s Dorado Beach Estates at the Ritz-Carlton Reserve have seen another major sale. In what is the most expensive home sale in Puerto Rico so far this year, a six-bedroom villa at Dorado Beach Estates has been sold for […]

$8.95M Listing Sells in Harbour Island

An $8,95 million listing on Harbour Island has been sold, Caribbean Journal Invest has learned. The villa called Luna Sea was just sold in a deal handled by Corcoran CA Christie Bahamas. The exact sales price was not revealed. The villa consists of a 6,100-square-foot main house and a dockhouse that includes a full bathroom […]

“Major” Redevelopment, Expansion for Bermuda’s Fairmont Southampton

An affiliate of real estate giant Gencom has closed on a $550 million recapitalization of the 593-key Fairmont Southampton resort in Bermuda. Gencom’s plan is a “major” redevelopment and expansion of the Bermuda resort. The move follows Gencom’s refinancing earlier this year of the Rosewood Bermuda resort. The redevelopment is already underway at the resort; […]

Puerto Rico Penthouse Sold in Record-Breaking Transaction

A Puerto Rico penthouse has been sold in a record-breaking transaction, Caribbean Journal Invest has learned. The penthouse at 1004 Ashford Avenue was sold for $13.442 million, the highest condo sale ever in the capital of San Juan. The sale “sets a new benchmark for luxury lifestyle real estate on the island,” said Puerto Rico […]

$25 Million Home Sells in Harbour Island, The Bahamas

A $25 million listing in Harbour Island has been sold, Caribbean Journal Invest has learned. The beachfront “Tickled Pink” home was sold in a deal handled by Corcoran’s Gavin Christie. The home, perched above and with direct access to Pink Sand Beach, has nine bedrooms, 10 bathrooms and a total of 8,111 square feet of […]

This Top Caribbean Luxury Hotel Has a New Owner

A top luxury beach hotel in the Caribbean has been sold, Caribbean Journal Invest has learned. The boutique resort has already embarked on a multi-phased restoration project., the new owners confirmed. So where is it? The Coral Sands Hotel, the storied beach resort on Harbour Island, has been acquired by AJ Capital Partners. The resort […]

This Major Jamaica Resort Has Been Sold

A major resort in Jamaica’s tourism hub of Montego Bay has been sold, Caribbean Journal Invest has learned. The resort is set on a prime stretch of beachfront in the heart of Montego Bay. So what’s on the move? The Holiday Inn Resort Montego Bay has been sold by East Bay Management Company to hospitality […]