Hana Hotel Travaasa Sold To Luxury Developers

Mani Brothers Real Estate Group based out of West Hollywood, California are the new owners of Travaasa Hana resort. The Mani Brothers was founded in 1994 and currently owns, manages and leases 1.3 million square feet of various luxury commercial properties.

Travaasa is the largest employer in Hana. Currently the hotel staffs 185 people. So far the Mani Brothers have made a favorable impression. They have been taking the time to get to know the hotel staff and surrounding community. There are no imminent plans for making changes. Their hope is to incorporate new resources while keeping what works for the hotel and hire locally.

We look forward to seeing the what the Mani Brothers bring to the Travaasa resort and to the community of Hana.

New Ashley Homestore Opening in Kahului

Saturday, August 24th, Ashley HomeStore will be having it’s grand opening celebration from 10:00 am to 6:00 pm in Kahului. The new store is located at 237 Dairy Road.

The 20,000 square foot store is brand new and will showcase furniture for living rooms, dining rooms, bedrooms, and home office. This is the fifth Ashley store in Hawaii, but the first outside of Oahu. Festivities on Saturday will include face painting, food and refreshments.

Ashley HomeStore was established in 1945. Its considered one of the largest furniture manufacturer’s in the world. Representatives are excited to be opening the new store in Kahului and bringing the residents of Maui their best selling furniture.

Low Rates

Is it time to use the low interest rates to either make your first purchase or upgrade your property?  If you need assistance we are here to help you make your goal a reality! Contact the Hansen Ohana today!

Thank you to Dan Bardenhagen for the rate chart!

Opposition Against Grand Wailea Expansion

Residents spoke out Tuesday against expansion of the Grand Wailea. Residents are concerned over, among other reasons, the potential disturbance of possible ancient burial grounds, and the resident-to-vistor ratio being exceeded. The Grand Wailea has submitted plans to the Maui Planning Commission that would add an additional 224 rooms to the 776 room resort making it the second largest resort on Maui.

Also submitted in the proposal would be a new spa pool at Spa Grande, a new lap pool next to the Wailea Wing, a new family pool next to the Lagoon Wing, increase in the parking garage from 3 levels to 5 levels, and the removal of the Seaside Chapel. Other improvements include facade renovations, a new stairway in the Aqua Tower, renovations to the Hibiscus Pool area, renovations to the luau area, and additional public beach parking stalls.

Estimated cost for the project is $91.5 million with a 5 year estimated timeframe. The resort would remain open during construction. This would be the third renovation for the resort since being developed in 1991. The first taking place in 2008, and the second in 2014.

The plans are still waiting on a final decision by the Maui Planning Commission.

 

New Tax Rates Effective July 1st

County of Maui

REAL PROPERTY TAX RATES

2019 – 2020

(July 1, 2019 – June 30, 2020)

 

Real property tax rates are per $1,000 of net taxable assessed valuation

Homeowner/Main Residence

(After Homeowner’s Exemption) $2.90

Residential/Second Home

(Long-Term Rentals) $5.60

Apartment $6.31

Agricultural $5.94

Hotel & Resort $11.00

Commercial $7.39

Industrial $7.48

Conservation $6.43

Time Share $14.40

Commercial Residential $4.60

Short Term Rental $10.75

 

Suggested websites for more tax information:

http://www.MauiPropertyTax.com and http://www.MauiCounty.Gov