The 1,500-acre Hawaii luxury subdivision Hokulia is being purchased by SunChase Holdings, a real estate investment firm whose affiliated with the son of Walmart founder Sam Walton.
West Hawaii Today reports SunChase Holdings, which is based in Phoenix and Sacramento, Calif., purchased the notes for Hokulia’s second and third phases from Lloyds Banking Group (NYSE: LYG) and plans to buy 52 lots from the Club at Hokulia and the Hokulia Community Association.
The newspaper reports club General Manager…
via Honolulu Business News – Local Honolulu News | Pacific Business News of Honolulu http://feeds.bizjournals.com/~r/bizj_pacific/~3/KQXSFO4EABI/firm-affiliated-with-walmart-founders.html
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