Unprecedented Luxury Real Estate Auction Deadline Extended Due to Overwhelming Response

Cooper Jack Marina, Turks & Caicos.

Looking down river in Bolton Bank, Belize.

News Americas, NEW YORK, NY, Weds. June 17, 2015: Response to the first-ever multi-destination Caribbean luxury real estate auction has been extremely strong prompting Premiere Estates Auction Company to extend the auction drop date to August 4th.

The two prime luxury development projects, Cooper Jack Marina, located in the Turks and Caicos Islands, and Bolton Bank in Belize, have received expansive coverage resulting in considerable buyer interest. Both properties are being offered for sale on the auction block by Avalon Partners, Ltd. (www.avalonpartnersltd.com) in cooperation with Premiere Estates.

Thomas “Tuvia” Sablosky, the managing director of the International Division of Premiere Estates explained, “Given the size, diversity of locations, and magnitude of the properties for sale in this auction, we have extended the auction date to enable all potential buyers to have more time to do their due diligence and conduct their property inspections.”

“We are very pleased with Premiere’s decision,” stated Grace Lappin, Avalon Partners’ managing director. “Serious buyer interest in both Bolton Bank and Cooper Jack Marina has been extremely robust with a number of buyers requesting extended time to complete site visits and information gathering. Moving the date forward to August 4 creates an equitable playing field and optimizes opportunities for all parties.”

Cooper Jack Marina is a 50-acre ocean-front, mixed-use hotel, resort, and residential marina development site located on the lee-side of Providenciales with over 8,000 feet of shoreline. Cooper Jack Marina offers one of the safest harbors between Nassau and Puerto Rico and it is a port of entry for vessels up to 140 feet. The 10 acre marina allows for superior vessel access due to lack of reefs. Bolton Bank, Belize, a 4,000+ acre river and sea-front parcel within a few miles of Belize’s only international airport and the cruise port, has the potential to be a game-changer for the country’s major city providing an opportunity to create an eco-hotel resort complex complete with state of the art conference center, commercial and retail spaces, residential community, as well as world class golf course and casino. Bolton Bank includes an historic 1 acre site – the only Jewish cemetery in all of Belize.

For more information about these two properties and the auction, please contact Grace Lappin, Managing Director, Avalon Partners, Ltd. by telephone at (212) 717-5477 or (649) 432-4158 or email at info@avalonpartnersltd.com.

About Avalon Partners

Avalon Partners, Ltd. (www.avalonpartnersltd.com) is a boutique real estate advisory and brokerage firm with offices in Manhattan and the Caribbean.

About Premiere Estates Auction Company

Premiere Estates Auction Company (www.PremiereEstates.com) and its corporate family of companies are nationwide leaders in high-end luxury real estate auctions.