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 Financing In Place For Cosmopolitan In Las Vegas
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STR Adds Report On Condo Hotels
BEACH DEVELOPMENT
Pasadena Developer Looks To Build Condo Hotel At Waikoloa Beach
Carlton allocated 1b in condo conversion cash
Kimpton Looks To Join The Condo Hotel Market
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By Associated Press
HONOLULU (AP) _ A Florida investment firm wants to build a 400-to-500 unit luxury condominium hotel at Ko Olina resort on Oahu's Leeward side.
Miami-based Crescent Heights wants to brand the complex with the Donald Trump name.
The 16-story condominium hotel would be built on eight acres next to the Marriott Ko Olina Beach Club time-share.
The project would be the second hotel at Ko Olina.
As a so-called condotel, the investment firm would sell units to individual investors who would have an option use the property as a residence or as a hotel room.
Crescent Heights expects to sell studio, one-bedrooms and two-bedroom units this summer.
Construction is expected to be finished in 2008.
http://www.kpua.net/news.php?id=7927
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