#Shackley
$95 million Mortgage Lender Bid prevails in sale of Makena Beach & Golf Resort
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 […]
Top bid of $55 million submitted in Makena Resort Foreclosure Auction
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 […]
