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Aloha 2015!
ALOHA 2015! As 2014 draws to a close, it’s been a remarkable year for the Kapalua Resort. With just 43 properties sold, totaling over $108 million, there were record breaking condominium sales at the Montage Residences Kapalua Bay. SO WHAT'S ON BOARD FOR 2015? THE RITZ CARLTON KAPALUA RESIDENCES 2015 should be very interesting as well from a developer sales perspective, with the anticipated sales launch of the remaining Ritz-Carlton® Kapalua Residences (formerly the Residential Suites at the Ritz-Carlton®, Kapalua).
In 2007, the Ritz-Carlton®, Kapalua underwent a spectacular renovation. The North Wing was transformed into 107 luxurious, whole-ownership, one and two-bedroom residential condominiums.  Sales began in 2008, and 34 were purchased by private individuals.
After foreclosure, the hotel was sold in early 2014 to Honolua Associates, a partnership between two capital companies.  With the hotel, the new ownership group acquired 73 unsold condominium residences, which will be offered for sale.  Please contact me for more information and to register to be kept updated on the upcoming condominium sales at the Ritz-Carlton, Kapalua.
As of today, there are approximately 114 listings in the Kapalua Resort. Calculating the Absorption Rate, there is currently 32 months of inventory available in the resort—this is a higher figure than we had at the ... more

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