Lender sues over loan - Hawaii Business

Full story: Honolulu Star-Bulletin

The lender for Kula 1800 Investment Partners has filed a foreclosure suit, alleging that the Maui property owner has defaulted on a $71.5 million loan.

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JoeLocal

United States

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Judge it!
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#1
May 27, 2009
 
What does Dick have to do with this?
arrogant

Lihue, HI

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#2
May 27, 2009
 

Judged:

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Soon the collapse of the commercial real estate industry.
iStar will soon be the one in bakruptcy with property nobody wants.
Hang um

Kailua Kona, HI

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#3
May 28, 2009
 
arrogant wrote:
Soon the collapse of the commercial real estate industry.
iStar will soon be the one in bakruptcy with property nobody wants.
Dont worry theres always greedy to buy land for dirt cheap and turn around sale it for arm and leg value. specialy for those new transplant here, there buying paradise as they said and love it in here, oh people are nice too.
Mike

Kalispell, MT

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#4
May 28, 2009
 
The lender of record is absolutely right to try and protect their position in this.

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