Maui Business

Makena Beach & Golf Resort foreclosure action May 28

April 29, 2010, 7:36 AM HST
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The foreclosure sale of the Makena Beach & Golf Resort has been moved to May.  A bidder is being sought for the 310-room hotel located on 1,800 acres in South Maui.

File photo of Makena Maui, © 2010 by Wendy Osher.

The property is situated at Maluaka Beach and includes two 18-hole golf courses designed by Robert Trent Jones, Jr., three restaurants and bars, and 2,500 square feet of retail space.

A notice of the foreclosure sale states that the new action date is May 28th at 11 a.m. in the lobby of the Wailuku court building.

The sale is subject to court confirmation.  Interested bidders must register with the Commissioner at least five business days prior to the auction.

The property is being sold following the foreclosure claim filed in September of 2009.  The hotel was purchased in 2007 by Maui Developer Everett Dowling and Morgan Stanley.

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(Related MauiNOW archived story:  February 8, 2010 – Judge orders Makena Beach & Golf Resort to be sold at auction)

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