Maui Circuit Court Judge Shackley F. Raffetto yesterday confirmed the sale of The Makena Beach & Golf Resort. The lender group prevailed with a bid of $95 million after Judge Raffetto agreed to reopen the bidding at the confirmation hearing Tuesday morning to allow two additional bidders the opportunity to bid on the Resort. Completion [...]

Wells Fargo Bank submitted the highest bid today at the court-ordered public foreclosure auction of the Makena Beach & Golf Resort.  Wells Fargo Bank is the trustee for the mortgage lending trust that foreclosed on the property last year. It’s bid was for $55 million. The lending trust is owed more than $192.5 million in [...]

(Posted by Wendy Osher) The 13,000 member United Public Workers Union announced the endorsement of Maui Mayor Charmaine Tavares on Tuesday in her bid for re-election. The endorsement is the second from a union after the mayor secured support from the ILWU on March 3, 2010. UPW State Director Dayton Nakanelua called Tavares’ leadership “smart [...]

January 1, 2010 marks a new day for pineapple production on Maui, as a team that includes five former Maui Pineapple Company executives assume operations of Maui Land & Pineapple Company, Inc. The five join Ulupalakua Ranch’s Pardee Erdman in running the newly named Haliimaile Pineapple Company, Ltd. The new company will officially assumes operations [...]