The Bratton Team

As I was reviewing the investment property sales in Hawaii for the ending of third quarter 2009, I noticed that, year to date, three golf courses have sold. The common thread seems to be that the properties that have sold are somewhat distressed, with sellers having some motivation or reportedly having other debts to pay.

One new Golf Course has just come on the market for sale. The only other “Resort” property that has sold so far this year is a 12-unit hotel in Waikiki. There will be many more resort properties coming to market in the next year.

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