{"id":1004105066,"date":"2014-10-05T20:56:10","date_gmt":"2014-10-06T04:56:10","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=296465"},"modified":"2022-12-08T17:18:54","modified_gmt":"2022-12-09T01:18:54","slug":"capbridge-group-invests-300m-into-mauis-first-hilton-grand-vacations-timeshare-property","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/capbridge-group-invests-300m-into-mauis-first-hilton-grand-vacations-timeshare-property\/","title":{"rendered":"Capbridge Group Invests $300M into Maui\u2019s First Hilton Grand Vacations Timeshare Property"},"content":{"rendered":"

\"\"<\/a>By Adriana Pop, Associate Editor <\/em><\/p>\n

Japanese investment firm The Capbridge Group, through its local subsidiary, Capbridge Pacific LLC, is planning to invest $300 million into the development of Maui\u2019s first Hilton Grand Vacations timeshare resort.<\/p>\n

The new holiday destination is slated to rise at the site of the former Maui Lu Resort in Kihei, a 28-acre beachfront parcel Capbridge recently acquired. The transaction marks the company\u2019s first venture in Hawaii.<\/p>\n

Construction on the redevelopment project is expected to begin in late 2015 and be complete in 2017. Capbridge has selected Hilton Grand Vacations to manage the property\u2019s timeshare sales and hotel operations.<\/p>\n

Upon completion, the planned villa-style, Hawaiian resort will feature 388 one-, two- and three-bedroom residences. Amenities will include a super swimming pool, a fitness center, kids’ and teen centers, a private beach club, as well as a great lawn on Maui\u2019s longest beach.<\/p>\n

Located only 15 minutes from the Kahului Airport, the new holiday destination will also offer easy access to a variety of restaurant, shopping and nightlife destinations in Kihei and Wailea.<\/p>\n

According to Will Beaton, president of Capbridge Pacific, the project will provide a significant improvement to Kihei and a major economic boost to the island of Maui.<\/p>\n

\u201cMaui continues to be one of the most desirable destinations for the vacation ownership market. Hawaii\u2019s relationship, from both a geographic and business perspective, with both the U.S. mainland and the Asia-Pacific region, is a great fit with our company\u2019s growth and investment strategy,\u201d he said. \u201cThe plans for this resort, coupled with the quality of the Hilton Grand Vacations Club product and the strength of the Hilton brand, will offer visitors another exceptional vacation experience on Maui.\u201d<\/p>\n

The Capbridge Group is headquartered in Tokyo and has offices in Honolulu, San Francisco and Shanghai. The company\u2019s Honolulu office is led by Beaton, who has more than 26 years of land development experience in Hawaii, including projects such as One Archer Lane and Wailea Beach Villas on the Valley Isle.<\/p>\n

\u201cHilton Grand Vacations is thrilled to be a part of this new resort development, and we are excited to soon have a presence on the island of Maui,\u201d added Mark Wang, president of Hilton Grand Vacations. \u201cThis new resort will be an outstanding addition to our portfolio of vacation destinations and ownership opportunities in Hawaii.\u201d<\/p>\n

On Maui, Hilton Worldwide also manages the Grand Wailea (pictured<\/em>) as part of its Waldorf Astoria Resort brand.<\/p>\n

Photo credit: www.grandwailea.com<\/em><\/p>\n

For our most recent Hawaii office, retail and industrial market snapshot, click here<\/a><\/em><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Japanese investment firm The Capbridge Group, through its local subsidiary, Capbridge Pacific LLC, is planning to invest $300 million into the development of Maui’s first Hilton Grand Vacations time-share resort.<\/p>\n","protected":false},"author":260,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1588,21742],"tags":[],"class_list":["post-1004105066","post","type-post","status-publish","format-standard","hentry","category-honolulu","category-latest"],"acf":[],"yoast_head":"\nCapbridge Group Invests $300M into Maui\u2019s First Hilton Grand Vacations Timeshare Property - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/capbridge-group-invests-300m-into-mauis-first-hilton-grand-vacations-timeshare-property\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Capbridge Group Invests $300M into Maui\u2019s First Hilton Grand Vacations Timeshare Property\" \/>\n<meta property=\"og:description\" content=\"Japanese investment firm The Capbridge Group, through its local subsidiary, Capbridge Pacific LLC, is planning to invest $300 million into the development of Maui’s first Hilton Grand Vacations time-share resort.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/capbridge-group-invests-300m-into-mauis-first-hilton-grand-vacations-timeshare-property\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-10-06T04:56:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T01:18:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/10\/Sunset-at-Grand-Wailea-resort-on-Maui.jpg\" \/>\n<meta name=\"author\" content=\"Adriana Pop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/capbridge-group-invests-300m-into-mauis-first-hilton-grand-vacations-timeshare-property\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/capbridge-group-invests-300m-into-mauis-first-hilton-grand-vacations-timeshare-property\\\/\"},\"author\":{\"name\":\"Adriana Pop\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/c6fbe4a6cd09e6097b39e787ae96d7ad\"},\"headline\":\"Capbridge Group Invests $300M into Maui\u2019s First Hilton Grand Vacations Timeshare Property\",\"datePublished\":\"2014-10-06T04:56:10+00:00\",\"dateModified\":\"2022-12-09T01:18:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/capbridge-group-invests-300m-into-mauis-first-hilton-grand-vacations-timeshare-property\\\/\"},\"wordCount\":437,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/capbridge-group-invests-300m-into-mauis-first-hilton-grand-vacations-timeshare-property\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/10\\\/Sunset-at-Grand-Wailea-resort-on-Maui.jpg\",\"articleSection\":[\"Honolulu\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/capbridge-group-invests-300m-into-mauis-first-hilton-grand-vacations-timeshare-property\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/capbridge-group-invests-300m-into-mauis-first-hilton-grand-vacations-timeshare-property\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/capbridge-group-invests-300m-into-mauis-first-hilton-grand-vacations-timeshare-property\\\/\",\"name\":\"Capbridge Group Invests $300M into Maui\u2019s First Hilton Grand Vacations Timeshare Property - 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