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All Press Releases for June 26, 2005 Subscribe to this News Feed      
 

Dallas Investor J. Nicholes D'Uva of D'Uva, Inc. Receives $4.4 Million Commitment to Fund Purchase of Bahamas Resort-Marina-Condo Project

D'Uva, Inc. Closer to Bidding on Bahamas Resort-Marina-Condo Project and Turning It Into Affordable Luxury Destination. Marketing Plan to Include Television InfoTainment Featuring the Sexy, Smart and Sassy Spokesmodels of the LifeStyles TV Show.

Dallas, TX (PRWEB) June 26, 2005 -- Dallas investor J. Nicholes D'Uva of D'Uva, Inc. is closer to making a bid for a Bahamas Resort-Marina-Condo Project with the receipt of $4.4 Million in Loan Commitments from Lender/Investor Kennedy Funding, Inc., of New Jersey.

With an asking price of $5.9 million for the existing 31 room hotel, restaurant, conference center, marina, on 4.5 acres, D'Uva, Inc. intends to fund the remainder within 30 days in order to expedite a closing. Then, the sales efforts of the "Affordable-Luxury" condominiums will be implemented via television infomercials showcasing the many attributes of the project and the Bahamas as a whole.

"Once people are aware of the affordable luxury of a second home in the Bahamas provided by this project, I believe our resort will be extremely popular with travelers as well as families looking for upscale properties in exotic locales," said Mr. D'Uva.

The marketing plan developed for the resort is to include television "infotainment" featuring the sexy, smart and sassy spokesmodels of the wildly popular LifeStyles TV Show, which Mr. D'Uva produces for the benefit of many businesses, including the legendary SouthFork Ranch made famous by the "Dallas" television show, the American Airlines Center, home of the Dallas Mavericks and Dallas Stars, and Big Dog Motorcycles, to name a few.

"LifeStyles TV has assisted businesses in lead generation and revenue enhancement through it's easy to enjoy "entertainment magazine meets music video" format. We plan on producing an entire half-hour dedicated to the LifeStyles of affordable luxury at our resort," said Mr. D'Uva.

By allowing the audience to experience the resort through the LifeStyles TV Show, Mr. D'Uva intends to eliminate some of the objections many American's hold against foreign home ownership, in specific, and foreign travel in general.

Upon the successful closing, Mr. D'Uva plans to begin the pre-sales of the condominiums while updating the existing hotel so that it may appropriately accomodate the potential purchasers.

"When people understand the value that is going to be created at this resort, I am highly confident that the condominiums will be a hot property to own and enjoy," added Mr. D'Uva.

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