ARTICLES 1
Wailea 670 – Honua’ula news article
1/5/06
Honuaula project of Charlie Jencks, formerly
called Wailea 670 – news article from Maui News 1/5/06
Makena Resort sold for $575 million — 2/10/07
article
Makena Resort sold for $575 million
Wailea Marriott Luau grounds to be vacated for
“The Shed” Wailea restaurant
The Maui Planning
Commission was not too persuaded by the cultural talk from the
owners of the Wailea Marriott resort, so it spent some time
Tuesday trying to instruct them on how to walk the walk. The
issue was the luau grounds, which enjoys a spacious oceanfront
setting now but is going to be shut down. 3/14/07
“The Shed” Wailea restaurant
The Maui Planning
Commission was not too persuaded by the cultural talk from the
owners of the Wailea Marriott resort, so it spent some time
Tuesday trying to instruct them on how to walk the walk. The
issue was the luau grounds, which enjoys a spacious oceanfront
setting now but is going to be shut down. 3/14/07
Why does Hawaii get so few hurricanes?
Why does Hawaii get so few hurricanes?
10/27/05
Maluaka development in Makena
Located
on Makena Bay in South Maui, the 11-acre Maluaka community
will comprise 69 elegant residences. 3/21/07
Located
on Makena Bay in South Maui, the 11-acre Maluaka community
will comprise 69 elegant residences. 3/21/07
Reverse Mortgage solves seniors’ cash problems
WHAT IS A REVERSE MORTGAGE? Just the opposite of
an amortized mortgage, which requires the borrower to make
monthly payments over 15 to 30 years, a reverse mortgage pays
money to the borrower whenever needed and requires no
repayment until the homeowner sells the home, moves out for
longer than 12 months or passes away. (article courtesy Bob
Bruss) 4/4/07
WHAT IS A REVERSE MORTGAGE? Just the opposite of
an amortized mortgage, which requires the borrower to make
monthly payments over 15 to 30 years, a reverse mortgage pays
money to the borrower whenever needed and requires no
repayment until the homeowner sells the home, moves out for
longer than 12 months or passes away. (article courtesy Bob
Bruss) 4/4/07
Hurricane Proofing Your Home
In late
2000, the Institute for Business and Home Safety (IBHS)
introduced The program currently includes requirements for
windstorms (hurricanes), floods, wildfires, earthquakes,
tornado and hail risks as well. 7/2/07
In late
2000, the Institute for Business and Home Safety (IBHS)
introduced The program currently includes requirements for
windstorms (hurricanes), floods, wildfires, earthquakes,
tornado and hail risks as well. 7/2/07
Wailea will be home to luxury hotel nameplate
Baccarat
reprinted courtesy Maui News 7/6/07
Baccarat
reprinted courtesy Maui News 7/6/07
Makena Resort sale closes
The $575
million sale of the Makena Resort, including the 310-room Maui
Prince Hotel, closed Tuesday, the hotel and Lokelani Resort
Corp., a subsidiary of Seibu Railway Co., announced Tuesday.
The buyers are Morgan Stanley Real Estate and Dowling Co.
6-27-07
The $575
million sale of the Makena Resort, including the 310-room Maui
Prince Hotel, closed Tuesday, the hotel and Lokelani Resort
Corp., a subsidiary of Seibu Railway Co., announced Tuesday.
The buyers are Morgan Stanley Real Estate and Dowling Co.
6-27-07
Starwood unveils Wailea Baccarat Hotel &
Resort
Starwood unveils Wailea Baccarat Hotel &
Resort. reprinted courtesy Hotel News Resource.com
7/3/07
Resort
Starwood unveils Wailea Baccarat Hotel &
Resort. reprinted courtesy Hotel News Resource.com
7/3/07
Honua`ula project development (Wailea 670)
8-4-07
Honua’ula development, articles courtesy
Maui News July-August ’07
8-4-07
Honua’ula development, articles courtesy
Maui News July-August ’07
Wailea 670 Under Fire
reprinted
courtesy Maui Weekly 8/2/07
Council OKs “show me the water“ bill
12-10-07
From now on, developers who want to build
a subdivision or condominiums will first have to prove to Maui
County they have a long-term source of water.
12-10-07
From now on, developers who want to build
a subdivision or condominiums will first have to prove to Maui
County they have a long-term source of water.
Hawaii film industry brings in $200 million
(1/20/08)
Producers from Hollywood and elsewhere
spent a record $200 million in Hawai’i last year making such
movies as Ben Stiller’s “Tropic Thunder” and the next
installment in the “Indiana Jones” series.
(1/20/08)
Producers from Hollywood and elsewhere
spent a record $200 million in Hawai’i last year making such
movies as Ben Stiller’s “Tropic Thunder” and the next
installment in the “Indiana Jones” series.
————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————
Kamehameha Schools settled lawsuit for $7M cf
Bishop Estate 2-8-08
Kamehameha Schools paid $7
million to settle a lawsuit filed by an anonymous student who
claimed the school`s Hawaiians-first admissions policy
violates civil rights laws, according to an attorney involved
in the case. Terms of the confidential settlement have been a
closely guarded secret since it was signed in May just before
the U.S. Supreme Court was to decide whether to hear the
case.
1000-home Maalaea Mauka subdivision planned
12-19-07
A California partnership is moving ahead
with plans to develop a nearly 1,000-home subdivision in
south-central Maui despite opposition from the County
Department of Planning and some nearby residents. Ma’alaea
Properties LLC recently filed a draft environmental impact
statement for its estimated $400 million project called
Ma’alaea Mauka proposed for 257 acres of former sugar-cane
fields south of Wailuku.
12-19-07
A California partnership is moving ahead
with plans to develop a nearly 1,000-home subdivision in
south-central Maui despite opposition from the County
Department of Planning and some nearby residents. Ma’alaea
Properties LLC recently filed a draft environmental impact
statement for its estimated $400 million project called
Ma’alaea Mauka proposed for 257 acres of former sugar-cane
fields south of Wailuku.
SMA PERMIT PROCESS HELPS MANAGE COASTAL
DEVELOPMENT 4-19-08
The Special Management Area
(SMA) pernit is part of a regulatory system that helps assure
that permitted uses and activities that are defined as
developments in the SMA are carried out in compliance with
Hawaii’s Coastal Zone Management Program. The SMA application
provides a means to preserve, protect, and where possible,
DEVELOPMENT 4-19-08
The Special Management Area
(SMA) pernit is part of a regulatory system that helps assure
that permitted uses and activities that are defined as
developments in the SMA are carried out in compliance with
Hawaii’s Coastal Zone Management Program. The SMA application
provides a means to preserve, protect, and where possible,
restore the natural resources of the coastal zone of Hawaii
by establishing special controls on development within the
areas along the shoreline
so as to avoid the permanent loss of valuable resources and
the foreclosure of land use and management options, and insure
that adequate public access is provided to beaches,
recreational area and natural reserves.
Honua`ula Approved with Conditions (Wailea 670)
3-20-08 article
The Maui County Council approved
the controversial Honuaula housing development. It has taken
20 years of stops and starts before forwarding the Honua‘ula
land use measures to Mayor Charmaine Tavares for final
action.
3-20-08 article
The Maui County Council approved
the controversial Honuaula housing development. It has taken
20 years of stops and starts before forwarding the Honua‘ula
land use measures to Mayor Charmaine Tavares for final
action.
Time to Hit Pause — Maui Planning Dept.
2-3-08
County officials said Maui must pursue
careful and sustainable planning solutions for its limited
amount of undeveloped land – most of which is currently
designated as agricultural or conservation – as the island
buttresses itself for an estimated increase from a population
of about 140,000 today to 200,000-plus permanent residents and
70,000 part-time residents by 2030.
2-3-08
County officials said Maui must pursue
careful and sustainable planning solutions for its limited
amount of undeveloped land – most of which is currently
designated as agricultural or conservation – as the island
buttresses itself for an estimated increase from a population
of about 140,000 today to 200,000-plus permanent residents and
70,000 part-time residents by 2030.
Hawaii plans shift to energy independence
1/27/08
Federal and state energy officials are
planning a major investment in new technologies in an attempt
to make Hawaii the nation’s first state to get the vast
majority of its energy from renewable sources. If Hawaii and
the Energy Department are successful in making the state
mostly energy-independent in coming decades, it could serve as
a model for the rest of the nation, which President Bush has
described as “addicted to oil.”
1/27/08
Federal and state energy officials are
planning a major investment in new technologies in an attempt
to make Hawaii the nation’s first state to get the vast
majority of its energy from renewable sources. If Hawaii and
the Energy Department are successful in making the state
mostly energy-independent in coming decades, it could serve as
a model for the rest of the nation, which President Bush has
described as “addicted to oil.”
Waiakoa housing project moving before General
Plan is completed
Maui County Planning Director
Jeff Hunt said Thursday that he will not support A&B
Properties’ request to the state Land Use Commission to
reclassify 94 acres in north Kihei to urban until the county
completes its long-range planning. Hunt explained the county’s
position while A&B presented its plans for a 600-unit
residential project to the Land Use Commission meeting at the
Maui Prince Hotel. 8/22/08
Plan is completed
Maui County Planning Director
Jeff Hunt said Thursday that he will not support A&B
Properties’ request to the state Land Use Commission to
reclassify 94 acres in north Kihei to urban until the county
completes its long-range planning. Hunt explained the county’s
position while A&B presented its plans for a 600-unit
residential project to the Land Use Commission meeting at the
Maui Prince Hotel. 8/22/08
Trump Tower Waikiki
Trump
International Hotel & Tower in Waikiki. Outrigger
Enterprises Group’s massive Waikiki Beach Walk redevelopment
project. Trump Tower, slated for completion in 2009 on the
corner of Kalia and Saratoga roads across from Fort DeRussy
Park, is the cornerstone of the project’s second phase.
Trump
International Hotel & Tower in Waikiki. Outrigger
Enterprises Group’s massive Waikiki Beach Walk redevelopment
project. Trump Tower, slated for completion in 2009 on the
corner of Kalia and Saratoga roads across from Fort DeRussy
Park, is the cornerstone of the project’s second phase.
Maui commercial office space vacancies rate
doubled
While negative, the situation is as yet
comparatively mild. Office vacancy rates jumped to 10.65
percent. (6/20/08)
doubled
While negative, the situation is as yet
comparatively mild. Office vacancy rates jumped to 10.65
percent. (6/20/08)
U.S. economy bailout plan $700
billion
The chairman of the Federal Reserve and the
treasury secretary give Congress a gloomy prognosis for the
economy, and propose a drastic remedy….the gross public
backing so far approaches 6% of GDP, well above the 3.7% of
the savings-and-loan bail-out in the late 1980s and early
1990s (see chart 3). That would still be much less than the
average cost of resolving banking crises around the world in
the past three decades. (economist.com article 9/25/08)
billion
The chairman of the Federal Reserve and the
treasury secretary give Congress a gloomy prognosis for the
economy, and propose a drastic remedy….the gross public
backing so far approaches 6% of GDP, well above the 3.7% of
the savings-and-loan bail-out in the late 1980s and early
1990s (see chart 3). That would still be much less than the
average cost of resolving banking crises around the world in
the past three decades. (economist.com article 9/25/08)
Maui Lu closing, replaced by Marriott time
share
Kihei’s original resort, the Aston Maui Lu,
is to close. (10/10/08)
share
Kihei’s original resort, the Aston Maui Lu,
is to close. (10/10/08)
Maluhia at Wailea
The only ocean and
beachfront real estate available in prestigious Wailea in
South Maui, Maluhia at Wailea features 14 hideaways located on
10.5 acres on Mokapu Beach. All of Maluhia’s beachfront or
terraced homesites offer unobstructed views and private beach
access. The homes, no two of which are alike, are built around
interior courtyards with fountains, pools, and gardens
bursting with tropical flowers. A private beach club provides
a full time resident concierge along with other personalized
services. Furnished custom residences begin at eight million.
(2/24/04)
The only ocean and
beachfront real estate available in prestigious Wailea in
South Maui, Maluhia at Wailea features 14 hideaways located on
10.5 acres on Mokapu Beach. All of Maluhia’s beachfront or
terraced homesites offer unobstructed views and private beach
access. The homes, no two of which are alike, are built around
interior courtyards with fountains, pools, and gardens
bursting with tropical flowers. A private beach club provides
a full time resident concierge along with other personalized
services. Furnished custom residences begin at eight million.
(2/24/04)
Council committee urged to put Makena Resort on
a fast track
200 people attend hearing; panel to
take up expansion plans on Nov. 19, 2008
a fast track
200 people attend hearing; panel to
take up expansion plans on Nov. 19, 2008
Makena Resort debate
impassioned
pleas to the Maui County Council – for and against the
gigantic Makena Resort proposal. (11/20/08)
impassioned
pleas to the Maui County Council – for and against the
gigantic Makena Resort proposal. (11/20/08)
Makena Resort to move forward
Makena
Resort: Land Use Committee, controversial Maui luxury
development to move forward. (11/21/08)
Makena
Resort: Land Use Committee, controversial Maui luxury
development to move forward. (11/21/08)
controversial Makena Resort luxury development
$7 billion, 800-unit project in South
Maui
controversial Makena Resort luxury development
$7 billion, 800-unit project in South Maui (12/12/08)
$7 billion, 800-unit project in South
Maui
controversial Makena Resort luxury development
$7 billion, 800-unit project in South Maui (12/12/08)
Makena Resort – conditions of
zoning
Makena Resort conditions of zoning: Maui
County Council members were still discussing modifications to
a 43-item list of conditions being imposed on the development
as a special meeting continued late Wednesday night.
12/11/08
zoning
Makena Resort conditions of zoning: Maui
County Council members were still discussing modifications to
a 43-item list of conditions being imposed on the development
as a special meeting continued late Wednesday night.
12/11/08
New Sunset Estates subdivision gets permit
approval for area in S. Maui
A residential
subdivision that would fill in the last undeveloped property
in S.Maui along Waipuilani Rd, Sunset Estates will develop 25
residential lots (2/18/09)
approval for area in S. Maui
A residential
subdivision that would fill in the last undeveloped property
in S.Maui along Waipuilani Rd, Sunset Estates will develop 25
residential lots (2/18/09)
Alaska Air new Oakland-Maui
nonstops
Bay Area travelers will have another
option for nonstop flights to Hawaii come November, when
Alaska Airlines starts service to the Big Island and Maui from
Oakland. (5/10/09)
nonstops
Bay Area travelers will have another
option for nonstop flights to Hawaii come November, when
Alaska Airlines starts service to the Big Island and Maui from
Oakland. (5/10/09)
Ritz Carlton Club and
Residences
Ultraluxury unveiled with new
Ritz-Carlton Club and Residences in Kapalua (6-3-09)
Residences
Ultraluxury unveiled with new
Ritz-Carlton Club and Residences in Kapalua (6-3-09)
Olowalu Town center of debate in Maui GPAC
decision-making
Olowalu Town center of debate in
Maui GPAC decision-making (2/26/09)
decision-making
Olowalu Town center of debate in
Maui GPAC decision-making (2/26/09)
Panel to review housing
ordinance
subdivision developer administrative
rules expand Residential Workforce Housing Act, Maui County
Council 2/8/09
ordinance
subdivision developer administrative
rules expand Residential Workforce Housing Act, Maui County
Council 2/8/09
Makena condo project financing
lost
Makena Maluaka project financing lost, Makena
condo developments and redevelopments on hold 6/15/09
lost
Makena Maluaka project financing lost, Makena
condo developments and redevelopments on hold 6/15/09
Recycling center opens in Kihei
Kihei
Recycling Center serves Makena Wailea county Department of
Environmental Management 6/4/08
Kihei
Recycling Center serves Makena Wailea county Department of
Environmental Management 6/4/08
ML&P lands new lenders to complete project
at Kapalua
Construction did not stop at the
Residences at Kapalua Bay after one of its major lenders,
Lehman Brothers, declared bankruptcy in September. Now, Maui
Land & Pineapple Co. and its partners in the $370 million
project have an agreement to restructure financing, including
$55 million from two German banks to replace what Lehman would
have provided. The deal must be approved by the U.S.
Bankruptcy Court in New York. 1/13/09
at Kapalua
Construction did not stop at the
Residences at Kapalua Bay after one of its major lenders,
Lehman Brothers, declared bankruptcy in September. Now, Maui
Land & Pineapple Co. and its partners in the $370 million
project have an agreement to restructure financing, including
$55 million from two German banks to replace what Lehman would
have provided. The deal must be approved by the U.S.
Bankruptcy Court in New York. 1/13/09
$90M South Maui town center is moving
ahead
SF developer bought 15 acres on Wailea side
of Piikea Ave for new mixed residential commercial development
project. 7/29/09
ahead
SF developer bought 15 acres on Wailea side
of Piikea Ave for new mixed residential commercial development
project. 7/29/09
General plan proposing a ‘growth belt’ for W.
Maui
Proposals for the county’s general plan would
add thousands of new housing units to West Maui, making it one
of the top areas for growth on the island over the next 20
years. 8/2/09
Maui
Proposals for the county’s general plan would
add thousands of new housing units to West Maui, making it one
of the top areas for growth on the island over the next 20
years. 8/2/09
Owner tight-lipped on plans for Renaissance
Wailea Beach
The Renaissance Wailea Beach Resort
hotel has not been torn down as planned, and its owner,
Starwood Capital Group, is not saying whether plans to
redevelop it as a Baccarat luxury condominium project are
dead. 1/30/09
Wailea Beach
The Renaissance Wailea Beach Resort
hotel has not been torn down as planned, and its owner,
Starwood Capital Group, is not saying whether plans to
redevelop it as a Baccarat luxury condominium project are
dead. 1/30/09
GPAC gets first look at planned
boundaries
Yes to Alexander & Baldwin Inc.’s
600-unit north Kihei project @Piilani and Mokulele highways;
Yes to Olowalu; Yes to A&B’s 2,552-unit Waiale subdivision
makai of Waikapu and Honoapiilani Highway. 2/15/09
boundaries
Yes to Alexander & Baldwin Inc.’s
600-unit north Kihei project @Piilani and Mokulele highways;
Yes to Olowalu; Yes to A&B’s 2,552-unit Waiale subdivision
makai of Waikapu and Honoapiilani Highway. 2/15/09
Makena Resort investors default on Wells Fargo
loan
MAKENA – Skittish lenders and real estate
buyers apparently accomplished what hundreds of protesters
couldn’t: halt the massive Makena Resort development in South
Maui. 8/26/09
loan
MAKENA – Skittish lenders and real estate
buyers apparently accomplished what hundreds of protesters
couldn’t: halt the massive Makena Resort development in South
Maui. 8/26/09
Makena Maui Prince Hotel
Tourists
and workers were assured Tuesday that the Maui Prince Hotel
will operate continuously through foreclosure, although there
will be some loss of jobs. The hotel was foreclosed on a week
ago, and Prince Resorts Hawaii released a statement Monday
saying it would end its management of the hotel Sept. 16
because it could not get funding assurances from the trustee
for the lender. Barry Sullivan, attorney for the trustee, said
Tuesday that two experienced hotel management companies with
strong local connections are interested in taking over
operation of the hotel. 9/2/09
Tourists
and workers were assured Tuesday that the Maui Prince Hotel
will operate continuously through foreclosure, although there
will be some loss of jobs. The hotel was foreclosed on a week
ago, and Prince Resorts Hawaii released a statement Monday
saying it would end its management of the hotel Sept. 16
because it could not get funding assurances from the trustee
for the lender. Barry Sullivan, attorney for the trustee, said
Tuesday that two experienced hotel management companies with
strong local connections are interested in taking over
operation of the hotel. 9/2/09
Maui Prince Makena
negotiations
Everett Dowling, the lead investor in
a group that purchased the resort, said: “I hope that the
Mainland lenders will allow common sense to prevail and
reconsider the action as it will certainly harm the reputation
of the resort in addition to harming the dedicated employees.”
Willie Kennison, Maui Division director of the International
Longshore and Warehouse Union, said the news was broken to the
resort’s more than 300 bargaining unit employees during a
meeting Monday at the hotel. “The employees are very, very
upset,” Kennison said late Monday afternoon. “They’re very
concerned about their livelihoods, their jobs.” 9-1-09
negotiations
Everett Dowling, the lead investor in
a group that purchased the resort, said: “I hope that the
Mainland lenders will allow common sense to prevail and
reconsider the action as it will certainly harm the reputation
of the resort in addition to harming the dedicated employees.”
Willie Kennison, Maui Division director of the International
Longshore and Warehouse Union, said the news was broken to the
resort’s more than 300 bargaining unit employees during a
meeting Monday at the hotel. “The employees are very, very
upset,” Kennison said late Monday afternoon. “They’re very
concerned about their livelihoods, their jobs.” 9-1-09
It’s crucial Maui makes no slip-ups deciding how
Makena is developed
high-end Makena housing
project, Maui County Council Land Use Committee, needed
conditions: the total unit count, affordable housing, Piilani
Highway improvements, water, phased construction deadlines and
cost-sharing rules; south Maui will have 4,000 new units.
12/7/09
Makena is developed
high-end Makena housing
project, Maui County Council Land Use Committee, needed
conditions: the total unit count, affordable housing, Piilani
Highway improvements, water, phased construction deadlines and
cost-sharing rules; south Maui will have 4,000 new units.
12/7/09
Grand Wailea Hotel plans for grand
expansion
On Tuesday, the Grand Wailea Resort Hotel
& Spa will go before the Maui Planning Commission seeking
approval to add 310 lodging units and other amenities that
would cost $250 million. 9/21/09
expansion
On Tuesday, the Grand Wailea Resort Hotel
& Spa will go before the Maui Planning Commission seeking
approval to add 310 lodging units and other amenities that
would cost $250 million. 9/21/09
What is a short sale of a home?
Short
sales now make up about one in every 10 home sales, according
to the National Association of Realtors. Normally, a borrower
would have to pay taxes on the forgiven part of the balance,
though the Bush Administration granted homeowners a reprieve
that applies to debt forgiven through 2012. 10/31/09
Short
sales now make up about one in every 10 home sales, according
to the National Association of Realtors. Normally, a borrower
would have to pay taxes on the forgiven part of the balance,
though the Bush Administration granted homeowners a reprieve
that applies to debt forgiven through 2012. 10/31/09
Inouye, Akaka secure millions in Hawaii
defense
supercomputers, earth-threatening asteroids
in space…Maui Science City atop Haleakala, which is a
hodgepodge of mostly U.S. Air Force and University of Hawaii
Institute of Astronomy telescopes, cameras and
supercomputers….U.S. Sens. Daniel Inouye and Daniel Akaka
tentatively secured $207.5 million Tuesday for Hawaii –
including $48 million for Maui – toward military
spending.
defense
supercomputers, earth-threatening asteroids
in space…Maui Science City atop Haleakala, which is a
hodgepodge of mostly U.S. Air Force and University of Hawaii
Institute of Astronomy telescopes, cameras and
supercomputers….U.S. Sens. Daniel Inouye and Daniel Akaka
tentatively secured $207.5 million Tuesday for Hawaii –
including $48 million for Maui – toward military
spending.
Home mortgage interest deduction yields higher
rates of homeownership?
after World War II, I
assumed that the interest deduction was of a similar postwar
vintage. Over the years, it has become an American folk
legend: the government invented the mortgage-interest
deduction to help people buy their own homes, and the level of
homeownership has risen ever since. 3/06
rates of homeownership?
after World War II, I
assumed that the interest deduction was of a similar postwar
vintage. Over the years, it has become an American folk
legend: the government invented the mortgage-interest
deduction to help people buy their own homes, and the level of
homeownership has risen ever since. 3/06
W. Maui SMA plan in limbo over unclear
rules
Maui SMA permit, resort building permits.
Board of Variances and Appeals, appealing the county public
works director’s refusal to accept its application for
building permits on the property. 11/15/09
rules
Maui SMA permit, resort building permits.
Board of Variances and Appeals, appealing the county public
works director’s refusal to accept its application for
building permits on the property. 11/15/09
Maui Island Plan would support the visitor
industry
Maui’s Conde Nast recognition as “World’s
Best Island.” conscious decision to avoid mass tourism and to
encourage a superior visitor experience based on fewer
tourists who would each spend more dollars for their quality
vacation. Mass tourism is not what Maui is about, nor should
it be in the future. 11/16/09
industry
Maui’s Conde Nast recognition as “World’s
Best Island.” conscious decision to avoid mass tourism and to
encourage a superior visitor experience based on fewer
tourists who would each spend more dollars for their quality
vacation. Mass tourism is not what Maui is about, nor should
it be in the future. 11/16/09
Niihau: Hawaii’s ‘forbidden
island’
Niihau “the forbidden island” privately
owned since 1864, King Kamehameha, brothers Bruce and Keith
Robinson continue to own it. 12/09
island’
Niihau “the forbidden island” privately
owned since 1864, King Kamehameha, brothers Bruce and Keith
Robinson continue to own it. 12/09
Maui Master Plan process hits the home
stretch
After the council’s Planning Committee
spent three months reviewing the Countywide Policy Plan, which
outlines the concepts and ideals meant to shape future growth,
the 550-page Maui Island Plan, which sets physical boundaries
for development, is expected to go before the council’s
Planning Committee for the first time Dec. 14, according to
Planning Director Jeff Hunt. 12/6/09
stretch
After the council’s Planning Committee
spent three months reviewing the Countywide Policy Plan, which
outlines the concepts and ideals meant to shape future growth,
the 550-page Maui Island Plan, which sets physical boundaries
for development, is expected to go before the council’s
Planning Committee for the first time Dec. 14, according to
Planning Director Jeff Hunt. 12/6/09
Maui County Charter archive accessible to the
public
Copies of the archive were donated to the
2nd Circuit Court law library, the Lahaina Public Library and
the Office of the County Clerk on Maui, and the Hawaii Supreme
Court Library and the William S. Richardson School of Law
Library in Honolulu. 12/09
public
Copies of the archive were donated to the
2nd Circuit Court law library, the Lahaina Public Library and
the Office of the County Clerk on Maui, and the Hawaii Supreme
Court Library and the William S. Richardson School of Law
Library in Honolulu. 12/09
Planners streamline Maui permit
processes
zoning district modernization process
would enable more green practices, live-work in same
neighborhood 12/09
processes
zoning district modernization process
would enable more green practices, live-work in same
neighborhood 12/09
Haleakala selected for solar
scope
The federal government’s Advanced Technology
Solar Telescope, a highly controversial project to study the
sun that’s $23 million in planning and 10 years in the making
– so far – will receive the money it needs to be built atop
Haleakala. 12/10/09
scope
The federal government’s Advanced Technology
Solar Telescope, a highly controversial project to study the
sun that’s $23 million in planning and 10 years in the making
– so far – will receive the money it needs to be built atop
Haleakala. 12/10/09
When are High Wine Prices
Justified?
Many (but certainly not all) expensive
wines, such as the luxury brands from LVMH—which are
advertised much like the group’s TAG Heuer watches, De Beers
diamonds, Guerlain perfume, or Louis Vuitton handbags—are
overpriced because such a large portion of their cost base is
spent on marketing. This doesn’t just go for superpremium
wines like LVMH’s Château d’Yquem, Krug, and Dom Pérignon; it
also goes for brands like Cloudy Bay, a straightforward New
Zealand Sauvignon Blanc whose price—without any apparent
change in the production method—rose from about $15 per bottle
to about $30 per bottle after LVMH acquired the brand in 2003
and began marketing Cloudy Bay as a luxury product. To me,
when the consumer dollar is going more toward advertising than
toward materials or production, it’s a paradigm case of
overpricing. It bothers me that the mainstream wine media
doesn’t take brands to task for this.
Justified?
Many (but certainly not all) expensive
wines, such as the luxury brands from LVMH—which are
advertised much like the group’s TAG Heuer watches, De Beers
diamonds, Guerlain perfume, or Louis Vuitton handbags—are
overpriced because such a large portion of their cost base is
spent on marketing. This doesn’t just go for superpremium
wines like LVMH’s Château d’Yquem, Krug, and Dom Pérignon; it
also goes for brands like Cloudy Bay, a straightforward New
Zealand Sauvignon Blanc whose price—without any apparent
change in the production method—rose from about $15 per bottle
to about $30 per bottle after LVMH acquired the brand in 2003
and began marketing Cloudy Bay as a luxury product. To me,
when the consumer dollar is going more toward advertising than
toward materials or production, it’s a paradigm case of
overpricing. It bothers me that the mainstream wine media
doesn’t take brands to task for this.
Wailea hotel legal fight: Who pays to
upgrade?
Hotel Wailea owner Black Diamond Resort
& Spa Maui sued for foreclosure by Japanese investors (PBN
2/10)
upgrade?
Hotel Wailea owner Black Diamond Resort
& Spa Maui sued for foreclosure by Japanese investors (PBN
2/10)
Ohana Kai Maalaea Mauka: Project plagued with
critics and citations
Ohana Kai homes for $275,000
would include photovoltaic, clean-energy systems at Maalaea
Mauka, which contributed to the higher-than-usual prices for
typical Spencer Homes. (2/26/10)
critics and citations
Ohana Kai homes for $275,000
would include photovoltaic, clean-energy systems at Maalaea
Mauka, which contributed to the higher-than-usual prices for
typical Spencer Homes. (2/26/10)
Lenders starting to run after ‘walkaway’
homeowners
underwater mortgages homeowners getting
deficiency judgments — court orders that allow banks to
collect on mortgage balances (those whose homes are now worth
less than the remaining mortgage). In increasing numbers,
according to reports, people are simply walking away. AOL
3/8/10
homeowners
underwater mortgages homeowners getting
deficiency judgments — court orders that allow banks to
collect on mortgage balances (those whose homes are now worth
less than the remaining mortgage). In increasing numbers,
according to reports, people are simply walking away. AOL
3/8/10
Former Makena Resort & Maui Prince Hotel up
for April auction
Makena Beach & Golf Resort:
the 1,800-acre property formerly known as Makena Resort and
the Maui Prince Hotel will be up for public auction April 29
in the lobby of the Wailuku courthouse. 3/11/10
for April auction
Makena Beach & Golf Resort:
the 1,800-acre property formerly known as Makena Resort and
the Maui Prince Hotel will be up for public auction April 29
in the lobby of the Wailuku courthouse. 3/11/10
Brazilian Blaze – Fogo de Chão
Highly
successful in Brazil for more than 20 years, Fogo de Chao
makes American steakhouses seem, well, a little ordinary.
1/1/02
Highly
successful in Brazil for more than 20 years, Fogo de Chao
makes American steakhouses seem, well, a little ordinary.
1/1/02
Ohana Kai’s location is critics’ chief
concern
Maui County Planning Department has
recommended against allowing the development, and neither the
General Plan Advisory Committee nor the Maui Planning
Commission has supported including it in the plan.
1/27/10
concern
Maui County Planning Department has
recommended against allowing the development, and neither the
General Plan Advisory Committee nor the Maui Planning
Commission has supported including it in the plan.
1/27/10
Years after Loan Default, Homeowners May Still
Owe
Lenders selling second mortgages and home
equity lines after foreclosures and short sales. The buyers:
collection agencies, which in some states have years to make a
claim and win court judgments. 3/23/10
Owe
Lenders selling second mortgages and home
equity lines after foreclosures and short sales. The buyers:
collection agencies, which in some states have years to make a
claim and win court judgments. 3/23/10
Commercial Real Estate: Finding a New
Stream
Short sales & loss mitigation:
distressed commercial real estate REO properties help
investors buy distressed debt on commercial properties that
are headed for foreclosure —- the goal being to resell the
property for a profit or make improvements and hang on to it
for a while before selling. Bankruptcy can place the property
in a receivership for months, if not years. “We’re seeing
experienced investors who backed out two years ago when cap
rates were 6.5 percent are returning now that cap rates are
around 8 percent.” A favorable capitalization rate, or cap
rate—the net operating income divided by purchase price—and a
solid tenant may not be enough.
Stream
Short sales & loss mitigation:
distressed commercial real estate REO properties help
investors buy distressed debt on commercial properties that
are headed for foreclosure —- the goal being to resell the
property for a profit or make improvements and hang on to it
for a while before selling. Bankruptcy can place the property
in a receivership for months, if not years. “We’re seeing
experienced investors who backed out two years ago when cap
rates were 6.5 percent are returning now that cap rates are
around 8 percent.” A favorable capitalization rate, or cap
rate—the net operating income divided by purchase price—and a
solid tenant may not be enough.
Appealing your tax assessment
(Maui)
Appealing Wailea Makena residential property
tax assessments: condos, homes, land, new developments
(3/26/10)
(Maui)
Appealing Wailea Makena residential property
tax assessments: condos, homes, land, new developments
(3/26/10)
Roof Materials Primer
What’s on the
Roof? The Materials Matter. From asphalt to slate: A quick
primer on roof coverings. 3/10
What’s on the
Roof? The Materials Matter. From asphalt to slate: A quick
primer on roof coverings. 3/10
Affordable Hawaii housing project in
revival
State assembles EIS notice in attempt to
develop Leiali‘i – Affordable Hawaii housing project in
revival 3/28/10
revival
State assembles EIS notice in attempt to
develop Leiali‘i – Affordable Hawaii housing project in
revival 3/28/10
Ohana Kai Village – Maalaea project planning
goes ahead
Planning is moving ahead for developer
Jesse Spencer’s 1,100-unit Ohana Kai Village affordable
housing project. 12/28/09
goes ahead
Planning is moving ahead for developer
Jesse Spencer’s 1,100-unit Ohana Kai Village affordable
housing project. 12/28/09
Royal Lahaina Resort reinventing
itself
Royal Lahaina Resort opened its $2 million
showroom for its Villas at Royal Lahaina on Tuesday. It marks
another step – but the most dramatic one – in the rebuilding
of Kaanapali’s first resort. Construction is not expected to
begin until August, and then only on two low-rise buildings
near the ocean. These will contain 20 of the projected 126
villas. 1/9/08
itself
Royal Lahaina Resort opened its $2 million
showroom for its Villas at Royal Lahaina on Tuesday. It marks
another step – but the most dramatic one – in the rebuilding
of Kaanapali’s first resort. Construction is not expected to
begin until August, and then only on two low-rise buildings
near the ocean. These will contain 20 of the projected 126
villas. 1/9/08
Four Seasons Wailea Resort struggling to
maintain mortgage payments
Four Seasons Resort Maui
at Wailea ownership of the real estate is separate from the
management; MSD is the family investment vehicle for Texas
computer billionaire Michael Dell. 3/27/10
maintain mortgage payments
Four Seasons Resort Maui
at Wailea ownership of the real estate is separate from the
management; MSD is the family investment vehicle for Texas
computer billionaire Michael Dell. 3/27/10
South Maui needs a Bike Path
A bike
path to Wailea Makena along the North/South Collector Corridor
is our best chance to make South Maui bicycle friendly and
safe (4/24/10)
A bike
path to Wailea Makena along the North/South Collector Corridor
is our best chance to make South Maui bicycle friendly and
safe (4/24/10)
Banks: From Bail-Out to Bail-In
A
“bail-in” process for bank resolution …would give officials
the authority to force banks to recapitalise from within,
using private capital, not public money. The concept builds on
time-tested procedures that have been used to keep airlines
flying and industrial firms going even as their capital
structures were being reorganised. 1/30/10
A
“bail-in” process for bank resolution …would give officials
the authority to force banks to recapitalise from within,
using private capital, not public money. The concept builds on
time-tested procedures that have been used to keep airlines
flying and industrial firms going even as their capital
structures were being reorganised. 1/30/10
Efforts to build Honua‘ula
continue
Honuaula development, formerly Wailea 670,
plans $1.2 billion project with 1,400 homes and apartments.
The ownership group includes Woodrich Capital, D.E. Shaw
Group, Cargill Inc. and Goodfellow Bros. Inc. Almost two years
ago, they bought out the now-defunct Lehman Brothers
investment bankers’ shares as well as the original Japanese
investors Makena project. 5/7/10
continue
Honuaula development, formerly Wailea 670,
plans $1.2 billion project with 1,400 homes and apartments.
The ownership group includes Woodrich Capital, D.E. Shaw
Group, Cargill Inc. and Goodfellow Bros. Inc. Almost two years
ago, they bought out the now-defunct Lehman Brothers
investment bankers’ shares as well as the original Japanese
investors Makena project. 5/7/10
Makena lenders keep property in
auction
Makena Beach & Golf Resort not affected
— $200 million lien against the 1,800-acre Makena Resort
(formerly Maui Prince Hotel) in a two-bidder foreclosure
auction. 5/29/10
auction
Makena Beach & Golf Resort not affected
— $200 million lien against the 1,800-acre Makena Resort
(formerly Maui Prince Hotel) in a two-bidder foreclosure
auction. 5/29/10
In buyer’s market, seller-financing might suit
owner getting few offers
Seller financing is an
excellent means of obtaining the best price for your home, I
strongly endorse this approach, as long as you get a
substantial down payment. WP 6/12/10
owner getting few offers
Seller financing is an
excellent means of obtaining the best price for your home, I
strongly endorse this approach, as long as you get a
substantial down payment. WP 6/12/10
Maui Council backs Honua’ula
development
development project for 700 luxury
& 700 affordable homes, formerly known as Wailea 670,
could begin within five years, as well as a golf course and 90
acres of parkland and open space. (2/08)
development
development project for 700 luxury
& 700 affordable homes, formerly known as Wailea 670,
could begin within five years, as well as a golf course and 90
acres of parkland and open space. (2/08)
Costs piling up two years into Molokai water
lawsuit
Guocoleisure Ltd, the Singapore-based
parent company of Molokai Properties was turned down in 2007
by the state Land Use Commission on a plan to build 200 luxury
homes at La’au point, as well as to renovate and reopen the
long-shuttered Kaluakoi Resort. Molokai Properties had
proposed a massive land swap that would have dedicated a third
of the island to conservation and agriculture, in exchange for
support of the development. MN 8/8/10
lawsuit
Guocoleisure Ltd, the Singapore-based
parent company of Molokai Properties was turned down in 2007
by the state Land Use Commission on a plan to build 200 luxury
homes at La’au point, as well as to renovate and reopen the
long-shuttered Kaluakoi Resort. Molokai Properties had
proposed a massive land swap that would have dedicated a third
of the island to conservation and agriculture, in exchange for
support of the development. MN 8/8/10
Makena house fine sets record for shoreline
infringement
The Maui Planning Commission last week
approved a settlement agreement of $65,000 for county
violations arising from this Makena home. They need to remove
the wall and seek after-the-fact permits for repairs to their
deck. They’ll also need to seek state permits to remove the
wall, which was found to be built partially on sand and in the
state conservation district. 8/15/10
infringement
The Maui Planning Commission last week
approved a settlement agreement of $65,000 for county
violations arising from this Makena home. They need to remove
the wall and seek after-the-fact permits for repairs to their
deck. They’ll also need to seek state permits to remove the
wall, which was found to be built partially on sand and in the
state conservation district. 8/15/10
Work force housing part of Makena resort
plans
The former Maui Prince Hotel (now the Makena
Beach & Golf Resort) Makena resort property covers 1,800
acres (about 3 square miles) and has entitlements for
residential developments on 1,300 acres. 9/1/10
plans
The former Maui Prince Hotel (now the Makena
Beach & Golf Resort) Makena resort property covers 1,800
acres (about 3 square miles) and has entitlements for
residential developments on 1,300 acres. 9/1/10
Hard to find housing — Kula Ridge
backers
Maui architect Clayton Nishikawa’s Kula
Ridge projects, a Maui County Council Public Services
Committee meeting that drew about 150 people to the Kula
Community Center. 9/24/10
backers
Maui architect Clayton Nishikawa’s Kula
Ridge projects, a Maui County Council Public Services
Committee meeting that drew about 150 people to the Kula
Community Center. 9/24/10
Hyatt and Starwood Capital Group joint venture
Andaz seeks to develop Wailea land
Hyatt and
Starwood Capital Group have announced the formation of a joint
venture to acquire an existing Wailea property and redevelop
it into Andaz Wailea Resort and Residences, an oceanfront
resort on Mokapu Beach. 10/26/10
Andaz seeks to develop Wailea land
Hyatt and
Starwood Capital Group have announced the formation of a joint
venture to acquire an existing Wailea property and redevelop
it into Andaz Wailea Resort and Residences, an oceanfront
resort on Mokapu Beach. 10/26/10
The Foreclosure Mess: It’s Even Worse in
‘Nonjudicial’ States
In 23 states, before a lender
can foreclose on a homeowner for defaulting on a mortgage, it
must take the homeowner to court. As we’ve seen, even with
judicial review that process has still been shot through with
problems. But for a troubled homeowner in California, Texas
and 25 other “nonjudicial” states, the robo-signing scandal
and foreclosure mess are even more dangerous because the
lender doesn’t have to go to court to foreclose. Fraudulent
paperwork can be used with impunity unless the homeowner is in
bankruptcy, which is a judicial process, or unless the
homeowner is represented in the foreclosure by an attorney who
knows what to look for. 10/30/10
‘Nonjudicial’ States
In 23 states, before a lender
can foreclose on a homeowner for defaulting on a mortgage, it
must take the homeowner to court. As we’ve seen, even with
judicial review that process has still been shot through with
problems. But for a troubled homeowner in California, Texas
and 25 other “nonjudicial” states, the robo-signing scandal
and foreclosure mess are even more dangerous because the
lender doesn’t have to go to court to foreclose. Fraudulent
paperwork can be used with impunity unless the homeowner is in
bankruptcy, which is a judicial process, or unless the
homeowner is represented in the foreclosure by an attorney who
knows what to look for. 10/30/10
ML&P still pushing for
Pulelehua
882-unit, $400 million development would
be built on 310 homes; needs a zoning change, amended
community plan and new project district to justify investing
in Pulelehua’s design phase (10/1/10)
Pulelehua
882-unit, $400 million development would
be built on 310 homes; needs a zoning change, amended
community plan and new project district to justify investing
in Pulelehua’s design phase (10/1/10)
Olowalu town EIS process firing up
A
plan calling for 1,500 homes, the 636-acre development project
still needs the approval of the Maui County Council in order
to move forward. 7/18/10
A
plan calling for 1,500 homes, the 636-acre development project
still needs the approval of the Maui County Council in order
to move forward. 7/18/10
1031 Option for Commercial Foreclosure
Deals
As many commercial property owners face
foreclosure or opt for deeds in lieu of the same, using a 1031
exchange to acquire a zero-income property may offer a way to
defer the capital gains taxes due on the lost asset.
11/10
Deals
As many commercial property owners face
foreclosure or opt for deeds in lieu of the same, using a 1031
exchange to acquire a zero-income property may offer a way to
defer the capital gains taxes due on the lost asset.
11/10
Ohana Kai buyers flood
presentation
Some people have complained that
placing three entrances and exits along the highway would
aggravate traffic congestion at an already notorious
bottleneck to West Maui. They’ve also said it would add more
wastewater injection wells and lead to more pollution in a bay
already beset by the negative impacts of runoff from the
shore. 9/26/10
presentation
Some people have complained that
placing three entrances and exits along the highway would
aggravate traffic congestion at an already notorious
bottleneck to West Maui. They’ve also said it would add more
wastewater injection wells and lead to more pollution in a bay
already beset by the negative impacts of runoff from the
shore. 9/26/10
Lawsuit challenges Ohana Kai Village impact
statement
As a fast-track housing development, it
would bypass state and county land use laws and regulations,
if approved by the Maui County Council. 1/9/11
statement
As a fast-track housing development, it
would bypass state and county land use laws and regulations,
if approved by the Maui County Council. 1/9/11
“Aging with Aloha” Resource Directory Now
Available
A new directory of resources for older
adults, caregivers and people with disabilities is now
available at no charge. The directory includes resource
listings for clothing; employment; finances, including tax
preparation assistance; food; housing, including affordable
housing, rental subsidies, assisted-living facilities, foster
care and nursing homes; transportation services; emergency
preparedness; education and training programs; adult day care;
caregiver relief programs; mental health services; legal
services; health and medical services; support groups.
1/13/11
Available
A new directory of resources for older
adults, caregivers and people with disabilities is now
available at no charge. The directory includes resource
listings for clothing; employment; finances, including tax
preparation assistance; food; housing, including affordable
housing, rental subsidies, assisted-living facilities, foster
care and nursing homes; transportation services; emergency
preparedness; education and training programs; adult day care;
caregiver relief programs; mental health services; legal
services; health and medical services; support groups.
1/13/11
Grand Wailea Hotel investors give up
ownership
Morgan Stanley purchased Makena Resort
for $565 million & $6.6 billion including Grand Wailea. At
that time (2007), Michael Franco, managing director of Morgan
Stanley Real Estate, told Bloomberg: “This acquisition is a
unique opportunity to acquire eight top-quality resort
properties diversified across key U.S. travel destinations. We
believe that these types of luxury hotels are extremely hard
to replicate.” Morgan Stanley Real Estate acquired part of CNL
Hotels & Resorts Inc. Morgan Stanley, the biggest real
estate buyer of the day among Wall Street investment banks, in
2007 paid $6.6 billion (including debt assumed) for eight
premier properties, including the Grand Wailea.
Now Leasing: Maui Outlets Center @ Kaonoulu
Target, Wal-Mart and Home Depot among national brand name tenants of
malls planned on either side of the future Ka Ono Ulu Street
extension — which, when completed, will serve as an alternate
roadway to Upcountry. Maui Weekly 2/10/11
Honua Kai Maui clients seeking court
judgment
37 Maui real estate lawsuits against
Canadian developer Intrawest, as federal Interstate Land Sales
Act requires projects like Honua Kai Maui to allow buyers to
rescind contracts (3/6/11)
———————————————–
As clock expires, new owners of Grand Wailea
file for bankruptcy
As clock expires, new owners of
Grand Wailea file for bankruptcy 2/2/11
Measure halts foreclosure process, creates
dispute resolution program
owner-occupants of
residential property facing foreclosure an opportunity to meet
with lenders and a trained, neutral third party to modify home
loans or work out a payment plan within three months.The program is limited to owner-occupants of residential
property who have lived in their homes for at least 200 days.
5/15/11
dispute resolution program
owner-occupants of
residential property facing foreclosure an opportunity to meet
with lenders and a trained, neutral third party to modify home
loans or work out a payment plan within three months.The program is limited to owner-occupants of residential
property who have lived in their homes for at least 200 days.
5/15/11
Maui selected for smart-grid
demonstration
Maui has been selected as the site
for a “smart grid” renewable energy demonstration project,
with an investment of approximately $37 million from the
Japan-based New Energy and Industrial Technology Development
Organization, Hawaiian Electric Co. announced Wednesday
afternoon. 5/19/11
demonstration
Maui has been selected as the site
for a “smart grid” renewable energy demonstration project,
with an investment of approximately $37 million from the
Japan-based New Energy and Industrial Technology Development
Organization, Hawaiian Electric Co. announced Wednesday
afternoon. 5/19/11
Grand Wailea owners scramble to settle
debt
Creditors are supposed to restructure the
debts of the real estate investment trust that owned the Grand
Wailea Resort today. Otherwise, senior creditors could
exercise their rights to foreclose on a billion-dollar
mortgage on the big resort and four other famous hotels. The
changes, following a foreclosure auction last week, will not
have any immediate impact on the Grand Wailea, which is
operated under a long management contract with Hilton.
2/1/11
debt
Creditors are supposed to restructure the
debts of the real estate investment trust that owned the Grand
Wailea Resort today. Otherwise, senior creditors could
exercise their rights to foreclose on a billion-dollar
mortgage on the big resort and four other famous hotels. The
changes, following a foreclosure auction last week, will not
have any immediate impact on the Grand Wailea, which is
operated under a long management contract with Hilton.
2/1/11
Kula Ridge real estate project development
update
if Maui well water goes to Kula Ridge, it
would allow that real estate development to “jump the line” on
people waiting on the Upcountry water meter list: Maui County
Department of Water Supply Director. 9/18/10
update
if Maui well water goes to Kula Ridge, it
would allow that real estate development to “jump the line” on
people waiting on the Upcountry water meter list: Maui County
Department of Water Supply Director. 9/18/10
Hospice Maui plans end-of-life care
facility
It will be called Hale Ho’olu’olu, or “A
Place for Comfort,” and Hospice Maui aims to provide homey
residential care. The center would be the first of its kind on
Maui. 10/9/11
facility
It will be called Hale Ho’olu’olu, or “A
Place for Comfort,” and Hospice Maui aims to provide homey
residential care. The center would be the first of its kind on
Maui. 10/9/11
Honua‘ula opponents: EIS remains
incomplete
The 670 acre project outside Wailea
includes homes, apartments, condominiums, a golf course,
retail stores, trails and a forest reserve. However, plan
opponents, such as the Maui Tomorrow Foundation, maintained
that the 2,380-page document remains incomplete on issues such
as archaeological studies and the development’s effects on the
island’s underground aquifer. 6/10
incomplete
The 670 acre project outside Wailea
includes homes, apartments, condominiums, a golf course,
retail stores, trails and a forest reserve. However, plan
opponents, such as the Maui Tomorrow Foundation, maintained
that the 2,380-page document remains incomplete on issues such
as archaeological studies and the development’s effects on the
island’s underground aquifer. 6/10
Developer hopes to revive Villages of
Leiali‘i
County planners have resisted rezoning for
the full project, although in discussions they have indicated
they would favor a smaller project. 1/2/11
Leiali‘i
County planners have resisted rezoning for
the full project, although in discussions they have indicated
they would favor a smaller project. 1/2/11
Lenders win Makena Resort bid
Maui
Prince Hotel owners Morgan Stanley, Everett Dowling, Trinity
Investments plans for Makena before the national real estate
market cratered. They paid about $570 million in 2007 to
acquire the resort, hotel and golf courses from Seibu Group.
7/10
Maui
Prince Hotel owners Morgan Stanley, Everett Dowling, Trinity
Investments plans for Makena before the national real estate
market cratered. They paid about $570 million in 2007 to
acquire the resort, hotel and golf courses from Seibu Group.
7/10
Debt due for Ritz Kapalua
Hotel
Original developer, Nissho Iwai, lost control
in 1997; Many resorts in Hawaii are in default, but most do it
in privacy. The Ritz-Carlton’s trouble became known because
Maui Land & Pineapple Co. was a 16 percent partner, and as
a regulated public company, had to disclose the default in its
reports, which it did in May 2009. (9/10)
Hotel
Original developer, Nissho Iwai, lost control
in 1997; Many resorts in Hawaii are in default, but most do it
in privacy. The Ritz-Carlton’s trouble became known because
Maui Land & Pineapple Co. was a 16 percent partner, and as
a regulated public company, had to disclose the default in its
reports, which it did in May 2009. (9/10)
Construction prepped for Andaz Wailea
Hotel
The Renaissance Wailea Beach Resort has sat
empty for more than four years, but workers are on-site now
preparing for a partial demolition and reconstruction as the
Andaz Wailea Hotel. 10/11
Hotel
The Renaissance Wailea Beach Resort has sat
empty for more than four years, but workers are on-site now
preparing for a partial demolition and reconstruction as the
Andaz Wailea Hotel. 10/11
Honolulu court new venue for Honua Kai
suit
Maui Beach Resort did not register its sales
documents as securities, and the lawsuit alleges numerous
failures to provide required information for securities sales
at Honua Kai Resort. 12/23/11
suit
Maui Beach Resort did not register its sales
documents as securities, and the lawsuit alleges numerous
failures to provide required information for securities sales
at Honua Kai Resort. 12/23/11
A&B to study effects of proposed new Wailuku
development
The proposal calls for about 2,550
dwellings, with village mixed-use, commercial and
light-industrial areas, a regional park, community center,
neighborhood parks, sites for a cultural preserve, a school
and related infrastructure. In other words, something similar
to Maui Lani, which lies along the northern boundary of the
new area. (9/2/10)
development
The proposal calls for about 2,550
dwellings, with village mixed-use, commercial and
light-industrial areas, a regional park, community center,
neighborhood parks, sites for a cultural preserve, a school
and related infrastructure. In other words, something similar
to Maui Lani, which lies along the northern boundary of the
new area. (9/2/10)
2,550-unit Wai‘ale project gets
hearing
The state Land Use Commission began this
week what promises to be a long series of proceedings on
Alexander & Baldwin Properties’ proposed 545-acre,
2,550-unit Wai’ale subdivision in Central Maui. 2/18/12
hearing
The state Land Use Commission began this
week what promises to be a long series of proceedings on
Alexander & Baldwin Properties’ proposed 545-acre,
2,550-unit Wai’ale subdivision in Central Maui. 2/18/12
Planned Kihei mall not in compliance with LUC
order or community plan
Planned Kihei mall not in
compliance with LUC order or community plan (3/10/12)
order or community plan
Planned Kihei mall not in
compliance with LUC order or community plan (3/10/12)
Home Selling SEO: 6 Tips to Get Buyers in a
Twitter
Owners might be tempted to think that they
don’t need a real estate agent, and agents might be tempted to
think that they don’t need marketing help. Creating compelling
content on multiple platforms is a time-consuming endeavor.
The future of real estate marketing will have all parties
playing their part in the process: owners sharing stories to
personalize and add emotional content about their home;
marketers tying the online efforts together in ways that drive
interest and leads; and the realtor, orchestrating the entire
process, connecting all the right dots to serve the customer
and bring a successful deal to a close. (3/17/12)
Owners might be tempted to think that they
don’t need a real estate agent, and agents might be tempted to
think that they don’t need marketing help. Creating compelling
content on multiple platforms is a time-consuming endeavor.
The future of real estate marketing will have all parties
playing their part in the process: owners sharing stories to
personalize and add emotional content about their home;
marketers tying the online efforts together in ways that drive
interest and leads; and the realtor, orchestrating the entire
process, connecting all the right dots to serve the customer
and bring a successful deal to a close. (3/17/12)
Council panel backs approval of Kahoma project
with conditions
The Maui County Council Land Use
Committee voted 6-2 Wednesday evening to recommend approval of
the Kahoma Residential Subdivision, a fast-track,
all-affordable housing project in West Maui. (11/18/11)
with conditions
The Maui County Council Land Use
Committee voted 6-2 Wednesday evening to recommend approval of
the Kahoma Residential Subdivision, a fast-track,
all-affordable housing project in West Maui. (11/18/11)
Maui Panel blesses Grand Wailea
project
Grand Wailea Hotel to proceed with project
to renovate oceanfront Maui resort (4/11/12)
project
Grand Wailea Hotel to proceed with project
to renovate oceanfront Maui resort (4/11/12)
Growing foreclosure rate a drag on Maui
neighborhoods
The vast majority of Maui
foreclosures are bought at auction by the banks that hold the
mortgages on the properties… the banks then sell the
properties through a local real estate agent. 12/09
neighborhoods
The vast majority of Maui
foreclosures are bought at auction by the banks that hold the
mortgages on the properties… the banks then sell the
properties through a local real estate agent. 12/09
ML&P reports doubts about its ability to
continue
Ritz-Carlton Club & Residences land
development project at Maui Kapalua Bay is in default.
ML&P has invested more than $50 million in cash and $25
million in land for the development project and has 51 percent
ownership in the Bay Holdings company. 5/12
continue
Ritz-Carlton Club & Residences land
development project at Maui Kapalua Bay is in default.
ML&P has invested more than $50 million in cash and $25
million in land for the development project and has 51 percent
ownership in the Bay Holdings company. 5/12
Maui County Council discusses development
plans
Makena Resort has 1000 acres with urban
entitlements. Wailea and Maalaea Community Association area
residents said that they were opposed to any changes in the
current growth designations, including the Ohana Kai
development. Focus on DGP – Directed Growth Plan for the
Kihei-Makena region. 5/12
plans
Makena Resort has 1000 acres with urban
entitlements. Wailea and Maalaea Community Association area
residents said that they were opposed to any changes in the
current growth designations, including the Ohana Kai
development. Focus on DGP – Directed Growth Plan for the
Kihei-Makena region. 5/12
ARTICLES 0
Maui Lu future unsure
The Maui Lu had
been scheduled to close Monday for a three-year overhaul,
laying off 41 employees. But an attorney representing
landowner 575 South Kihei Road LLC said the aging hotel will
remain open indefinitely while the financing of the sale to
Marriott Ownership Resorts is worked out. 11/11/08
Wailea KaiMalu Developer agrees to $950,000
’donation’
Robert Armstrong’s Kai Malu housing
project in Wailea was deferred by the Maui Planning Commission
with the suggestion that he “do more” for the community.
11/11/04
’donation’
Robert Armstrong’s Kai Malu housing
project in Wailea was deferred by the Maui Planning Commission
with the suggestion that he “do more” for the community.
11/11/04
Makena condo plan advances
1.55-acre
site by Maui Prince Hotel and Maluaka Beach — condominium
project estimated at $5.75 million. 2/08
1.55-acre
site by Maui Prince Hotel and Maluaka Beach — condominium
project estimated at $5.75 million. 2/08
TECHNOLOGY; MAUI AS A SCIENCE DESTINATION — Defense Research, Science articles, Maui Technology Center near Wailea
World’s largest solar telescope project atop
Haleakala volcano
University of Hawaii seeks to
build new telescope project
Haleakala volcano
University of Hawaii seeks to
build new telescope project
Maui space defense programs — 2/9/07
article
Maui space defense programs – Maui
Technology Center in Kihei
article
Maui space defense programs – Maui
Technology Center in Kihei
Why Maui historically has not attracted
hurricanes
Maui’s volcanos apparently have some
effect to divert hurricane air flow away from Maui. The
attached article explains why climactic conditions make Hawaii
“unattractive” for your average hurricane….
hurricanes
Maui’s volcanos apparently have some
effect to divert hurricane air flow away from Maui. The
attached article explains why climactic conditions make Hawaii
“unattractive” for your average hurricane….
Ulupalakua wind farm project acquired by San
Diego company
Sustainability goals of Maui… firm
acquired Shell WindEnergy’s Auwahi project at Ulupalakua Ranch
and could start feeding electricity into Maui Electric Co.’s
grid by 2012. (10/16/09)
Diego company
Sustainability goals of Maui… firm
acquired Shell WindEnergy’s Auwahi project at Ulupalakua Ranch
and could start feeding electricity into Maui Electric Co.’s
grid by 2012. (10/16/09)
Wave power site proposed on Maui
Maui
Electric Co. President Ed Reinhardt said that Pauwela is
attractive both for the configuration of the seafloor and
because it is close to an easement that will allow the 2.7
megawatts of wave energy to flow into MECO’s grid.
2/5/08
Maui
Electric Co. President Ed Reinhardt said that Pauwela is
attractive both for the configuration of the seafloor and
because it is close to an easement that will allow the 2.7
megawatts of wave energy to flow into MECO’s grid.
2/5/08
Deal to build smart electric grid on Maui
signed
Hawaii & Japan signed a project Tuesday
to build a smart solar electric grid on Maui to demonstrate
how solar, wind and other renewable energy sources can be
integrated into an electric power network grid. 11/23/11
signed
Hawaii & Japan signed a project Tuesday
to build a smart solar electric grid on Maui to demonstrate
how solar, wind and other renewable energy sources can be
integrated into an electric power network grid. 11/23/11
Haleakala telescope upgrades
completed
Maui Space Surveillance Systems Branch,
Optics Division helps process & translate the satellite
tracking data with the Maui High Performance Computing Center
in Kihei and Maui Space Surveillance Complex. 6/12
completed
Maui Space Surveillance Systems Branch,
Optics Division helps process & translate the satellite
tracking data with the Maui High Performance Computing Center
in Kihei and Maui Space Surveillance Complex. 6/12
.
.
.
MISC:
.
.
.
.
.
.
