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Sea Ranches & Polo Beach Estates, Mokulčia, HI
Participating 2nd Mortgage Loan

6 beachfront estate lots comprising 49 saleable acres, to be sold in highly structured bulk-sale transaction with 80% Seller Financing.  Sea Ranches and Polo Beach Estates are the only beachfront lots within historic Dillingham Ranch.  Transaction on-hold pending resolution of bankruptcy of Seller’s parent organization.

Wailea Golf Resort, Maui, HI

Acquisition Loan

Wailea Golf Club features three world-famous 18-hole courses including the Gold Course, Emerald Course, and Blue Courses, the Wailea Tennis Club, plus numerous clubhouses, pro-shops and food & beverage facilities.

We arranged a strong and very favorable loan commitment to finance the acquisition of  Wailea Golf Resort on behalf of a prospective bidder.  The resort was sold in 2003 via a competitive bid auction by Shinwa and the Resolution and Collection Corp, a Japanese government agency.