Real Estate Development
The team at Stanbrook Prudhoe have been and remain involved in most of the large real estate developments on the Islands. We have experience representing landowners, purchasers, developers, banks and non-traditional sources of financing.
Representations include Blue Cay Estate, South Bank, Emerald Point, Grace Bay Club, Rock House, The Strand, The Village at Grace Bay, Andaz at Grace Bay, Sail Rock and the Ritz Carlton.
We offer significant expertise in taking our developer clients through the initial purchase of raw land, financing, dealings with land processes (combinations and subdivisions), development agreements with TCIG, crafting sales suite documentation and development control documentation. Also, the onward sale of individual units, whether strata or villas.
For our finance clients, we provide a full due diligence based on our unique local experience combined with an approach that meets onshore expectations. We are well-versed in all levels of security available to a lender in the Islands. We regularly advise the large banks in the jurisdiction. We are therefore also experienced in respect of enforcement and recovery processes.
We can consider a variety of fee structures in the effort to find a viable fit for both the firm and the client.
As representatives of individuals looking to purchase homes in Turks and Caicos, we provide a full service. We take you through the processes without confusing technical terms, advising on liability issues if homes are to be rented out, purchasing structures, reporting on title. We can also offer advice on residency and other immigration matters.