Miami-based KW Property Management tapped at Bahamas resort

Miami-based KW Property Management & Consulting has been selected to handle property management services at Bimini Bay in the Bahamas, the company announced. The Bimini project, which includes 384 private residences, is located about 50 miles from Miami. It’s also the site of a planned casino by Malaysian gaming giant Genting, which is waiting for approval on a casino project in downtown Miami. “The KW deal was a strong decision for the company because we believe that for developers, property management isn’t really the forte of a real estate developer — there are independent companies that have those capabilities,” said Rafael Reyes, president of Bimini Bay. “KW had an excellent portfolio of properties that they managed.” — Alexander Britell