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Wednesday, 14 July 1999

Gaming Firm Plans Upscale Resort on Cook Islands

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July 15, 1999

GARDEN GROVE, Calif.– New Discoveries Publishing (OTC Bulletin Board: NWDP) said it has signed a letter of intent with the Castle Group of Hawaii (OTC Bulletin Board: CAGU), to purchase and complete a Five Star resort.

The resort, located in the Cook Islands, is approximately 85% completed with 200 rooms on 25 acres of beachfront property. When completed, the property will have an estimated value of $30 million, NWDP said. It's expected that approximately $10 million will be required to complete the resort in time for its scheduled grand opening in 2000, NWDP said. The company added that it is currently working with lenders to obtain funds to complete the construction and for opening costs.

New Discoveries Publishing, a Nevada-based company, was formed in 1993. Its goal is to provide quality gaming and entertainment, the company said.


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Additional Info

  • Syndicate to Realpoint: No
  • Sector: Hotel & Resort
  • Subject: Development/Construction (DEV)
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Data Digest

 

CMBS DELINQUENCY VOLUME

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CMBS SPECIAL SERVICING VOLUME

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Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44

 

RCA CPPI

 

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CMBS 2.0 Spreads

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Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41

 

 

 

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