Maui's Hana Ranch finds a buyer - pending sale in the works
The word is out and there's a buyer for the Hana Ranch in Hana Maui, listed for $55,000,000. Bio-Logical Capital is the company that has inked a deal for the purchase, and details are being worked out now. Bio-Logical Capital has offices in Denver, San Francisco and Honolulu. The retired Deputy Director of the state Department of Land & Natural Resources, Guy Kaulukukui, is now the senior VP for Hawaii initiatives of Bio-Logical Capital. The company claims to be a land investment, development and conservation minded company, and they plan to maintain the cattle ranching aspect of the Hana Ranch.
Included in the sale:
- 4,500 acres with many parcels small and large
- approximately 3 miles of ocean frontage
- approximately 1200 head of cattle
- 2 private water companies
- ranch house and headquarters
This same company is seeking to develop a wind farm on the island of Molokai, though they say they won't be pursuing a wind farm in Hana. Instead they will be creating sustainable farming models to benefit the local community in Hana. We will be watching to see what happens!
Are you looking for a sustainable farm or ranch on Maui?
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