The Brac Reef Beach Resort is going through renovations which started last month (August) and are expected to last until late November. As far as I know, the resort is closed but apparently is partially opened offering a limited room stock.
Their website doesn't say they're closed at all but they don't say they're open either.. They say the following: "Brac Reef Beach Resort is proud to announce a sea of new upgrades slated for the fall of 2015 to take the resort experience for divers to a deeper level of contemporary comfort."