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Hurricane Hole development to help mega yacht ambitions
The Prime Minister has praised the $250m Hurricane Hole development for helping The Bahamas realise its potential as "the number one mega yacht destination in the world".
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Stellar chief makes $2m injunction bid
Stellar Waste’s principal is seeking a Supreme Court Order to prevent David Kosoy’s Sterling Asset Management from selling a West Bay Street real estate project, as he bids to recover his alleged $2.019 million investment.
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Bahamian bank sued on $8.7m ‘total loss’
Investors are suing a Bahamian bank and trust company over the “total loss” of their collective $8.7 million investment, while also alleging that it misled the Securities Commission.
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‘I want Schooner Bay progress’, says ex-PM
An ex-prime minister yesterday asserted he wants to see “progress and development” at an Abaco community once held up as sustainable development model following its baffling break with a former management partner.
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PM hails $250m hurricane hole
The prime minister has hailed Sterling Global Financial’s $250m Hurricane Hole project as a sign of continuing investor confidence in the “world-class destination” of The Bahamas.
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Hurricane Hole to be $250m 'PI downtown'
Hurricane Hole will become “the downtown of Paradise Island” via its $250 million transformation, its principal developer yesterday revealing 50 per cent of retail space is already pre-leased.David Kosoy, Sterling Global Financial’s chairman, told Tr
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Bahamas provider extends $22.5m to Cayman project
A $22.5m loan from a Bahamas-based financial services provider is providing much-needed bridge funding for the re-development of the five-star Grand Cayman Grand Hyatt.
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PM hails $250m hurricane hole
The prime minister has hailed Sterling Global Financial's $250m Hurricane Hole project as a sign of continuing investor confidence in the "world-class destination" of The Bahamas.
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Kosoy, Sterling eye Hurricane Hole deal
David Kosoy’s Sterling Global Financial is in negotiations to acquire Paradise Island’s Hurricane Hole property from Atlantis’s owner, Tribune Business can reveal.
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NPIF reports 7.25% return year-to-date
THE New Providence Income Fund Ltd (NPIF) launched by Sterling Financial Group last January, has reported a year-to-date return of 7.25 per cent to its investors.
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PI developer eyes $700m in projects
Hurricane Hole’s developer is aiming to launch two further resort projects before year-end 2019 that will take total investment in its Bahamian developments to around $700m.
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$250m Hurricane Hole project to 'go vertical' by January 2019
A BAHAMIAN developer yesterday said it plans to “go vertical” on its $250 million Hurricane Hole redevelopment within 12 months, after completing the property’s purchase from Atlantis’s owner.Bill Green, president of Sterling Global Financial’s devel
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$250m PI investment 'shakes off' lockdown
Sterling Global Financial’s $250m Hurricane Hole redevelopment is “shaking off” the COVID-19 lockdown with a construction restart that has brought 75 Bahamians back to work.The Paradise Island-based project has resumed with masks and social distancin
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Elle O’Brien 12th at the Marshall & Sterling League National Finals
RISING equestrian star Elle O’Brien shone brightly at the Marshall & Sterling League 2019 National Finals, held this week in Saugerties, New York.
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Bahamas financier buys Florida shopping plaza
A Bahamas-based financial services provider yesterday announced it had purchased an 189,390 square foot Florida shopping plaza.
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GB man charged with murder accepts lesser charge of manslaughter
A Grand Bahama man charged with murder has pleaded guilty to the lesser charge of manslaughter.
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Sterling specialist to address conference
Sterling Global Financial’s Brandon Caruana is the latest addition to the inaugural Bahamas Blockchain and Cryptocurrency Conference line-up.Designed to attract investors, entrepreneurs, service providers and tech companies, the three-day conference
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Hurricane Hole developer targets 300 full-time posts
Hurricane Hole’s developer says the Paradise Island-based project is projected to create over 300 permanent jobs when its $250m investment is fully completed.
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Four charged over string of break-ins in Freeport
FOUR young men, including two juveniles, were arraigned in the Freeport Magistrates Court yesterday in connection with a string of stealing incidents and break-ins. Bernard Marcellas, 26, Damaine Sterling, 19, and two juveniles, ages 16 and 17, appe
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sports inbrief
OLYMPICS TICKETS SALES THROUGH the International Association of Athletic Associations (IAAF), the Bahamas Association of Athletic Associations (BAAA) has Olympic Track and Field tickets for purchase. Individuals interested should contact Linda Thompson at