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News
One-of-a-kind Bahamas oasis to be auctioned by Concierge Auctions
As if the boat house itself isn’t enough, there is a 600-square-foot studio and an additional 1,220-square-foot guest cottage for friends. In the cottage, nearly every room — living, kitchen and bedroom — opens onto the balcony, affording fantastic views of the water.
“Just a 45-minute flight from Miami and with direct flights from Atlanta, New York, Canada and London, these properties offer seclusion, a tropical environment, and all the most modern amenities without the hassle of going to a remote, inaccessible resort,” said Lamond Davis, who is representing Sterling Bahamas Realty as the Listing Agent of the estates.
Located along the marina, the Ship Owner townhome mimics the same traditional Danish style found in the Boat House, including the vista of sailboats as they make their way to harbor. Originally offered for $1.199M, this four-bedroom, three and a half bathroom unit is spread over 3,000 square feet of indoor living space. Ironwood flooring, Venezuelan mahogany French doors, and floor-length shutters on every door and window enrich the space.
While residents can enjoy the privacy that The Boat House and Ship Owner townhome offer, they also have the choice to socialize with neighbors, as the sale includes membership to The Lucayan or Bahama Reef Golf and Country Clubs. With golf, tennis, swimming, fishing and yachting all within walking distance, activities abound to satisfy every taste and are inviting for family and friends to join in on the Grand Bahamian lifestyle.
“With this auction of The Boat House and Ship Owner townhome, Concierge Auctions is continuing its commitment to provide a white-gloved service for buyers seeking rare opportunities to purchase one-of-a-kind properties in the world’s most desired locations,” said Founder and President of Concierge Auctions, Laura Brady. “The success of our global expansion plan requires that we work only with the most sought-after properties. Our experience has proven that sophisticated buyers appreciate our delivery of the finest homes through an efficient service that is tailored to their needs.”
The auctions of The Boat House and Ship Owner townhome in Grand Bahama, Bahamas, will be held live on April 30th. A 3% commission is offered to the buyers’ representing brokers. The properties will be open for preview daily by appointment. See Auction Terms and Conditions for full details. For more information, visit GrandBahamaAuction.com, call (877) 949-6639 or join the social discussion at #ConciergeAuctions.
About Concierge Auctions
Concierge Auctions is a New York City-based luxury real estate auction firm founded in 2008. Concierge Auctions serves high-net-worth individuals internationally through an accelerated marketing process that obtains fair market value for high-end properties. The firm executes auctions typically valued between $2.5 million and $20 million.
This property is listed for sale by Sterling Bahamas Realty Limited (Broker Paul K. Lowe, Lic #380) – Sterling Companies, New Providence Financial Center, East Bay Street, PO Box N1812, Nassau, Bahamas (242) 677-1900. Concierge Auctions, LLC is the provider of auction marketing services – 777 S Flagler Drive, West Palm Beach, FL 33401 (888) 966-4759. The services referred to herein are not available to residents of any state where prohibited by applicable state law. Concierge Auctions LLC, its agents and affiliates, broker partners, Auctioneer, and the Sellers do not warrant or guaranty the accuracy or completeness of any information and shall have no liability for errors or omissions or inaccuracies under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings. Brokers are fully protected and encouraged to participate. High bid subject to lender confirmation. See Auction Terms and Conditions for more details.
Media inquiries:
Jamie Silverstein
(212) 415-3036
REI Wealth Monthly – Issue #15 is Now Available!
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GCA Equity Partners, LLC Announces Fourth Quarter Results for its GCA California Real Estate Fund
12.6% Annualized Net Return to Fund Investors for Q4, 2013
Seventh Consecutive Quarter of Double-Digit Performance
13.2% Annualized Net Return Since Fund Inception
CAMPBELL, Calif. – February 27, 2014 — GCA Equity Partners, LLC (www.gcaequitypartners.com), today announced that its GCA California Real Estate Fund, LLC provided investors with a net annualized return of 12.6% for the fourth quarter ended December 31, 2013. This quarter marks the seventh consecutive period of double-digit performance and has enabled the fund to continue to meet the managers’ goal of consistent 10% to 15% net annualized returns. Since inception, the fund has delivered a 13.2% net annualized return.
The Fund finances real estate improvement projects with strong short-term (typically one year or less) appreciation potential. The appreciation can come through remodeling, new construction, or land development. The fund earns income from interest on secured loans and which typically also have a profit sharing component. Together the regular interest and profit sharing (known as “contingent interest”) enable the fund to target higher returns than those typically achieved by conventional mortgage pools.
“Very few income-producing investments deliver this level of return to their investors,” said Tom Braegelmann, CEO of GCA Equity Partners. “Our goal is to continue to deliver low double digit returns through a secured and diversified portfolio of loans.”
Wondering what else GCA Equity Partners is up to? Stay up to date on Facebook and Twitter.
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About GCA Equity Partners
The Fund, a California State registered offering, offers investors an 8% annual preferred rate, but targets total annualized investor returns in the low double digit range through its combined interest and shared appreciation (contingent interest) lending model. Investors must be California residents, meet certain income and/or net worth requirements, and limit their investment in the Fund to no more than 10% of their net worth as defined by the State of California. More information about GCA Equity Partners and the GCA California Real Estate Fund is available at www.gcaequitypartners.com.
About the Fund Managers
The managers of the GCA California Real Estate Fund, Thomas Braegelmann and Charles Tralka, have a combined total of more than 50 years of real estate investment experience. They strategically identify properties to be funded by looking for strong profit potential, and then structure deals that are closely aligned with investor interests.
Media Only Contact:
Andrea Vedanayagam
Veda Communications
Phone: 408.656.4494
Email: [email protected]
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