Categories: NewsResorts

Powell & Aucello Arranges Sale of Makai Sunset Inn on Maui

Powell & Aucello, Hawaii’s premier hotel real estate advisor, is pleased to announce the sale of Makai Sunset Inn, a 20-room oceanfront boutique hotel located in Lahaina, Maui. Working in partnership with Maui-based real estate broker G. Warren Freeland, Powell & Aucello served as exclusive advisors in this transaction.

Powell & Aucello began representing the seller, a kama‘aina (Hawaii resident) family based in Maui in July. The brokerage firm’s extensive contacts among mainland and local hotel investors allowed them to affect an expeditious sale, closing before year-end. Freeland’s relationships with Maui and extensive local real estate market knowledge provided invaluable support throughout the process.

Makai Sunset Hotel from the west

“Our close relationships with hotel investors actively targeting the Hawaii market allowed us to directly source the buyer and our intimate knowledge of the Hawaii hospitality market allowed us to positively portray the upside for the property,” said Powell & Aucello Principal Kevin Aucello. “We took the time to meet face-to-face with potential buyers and found that it paid off in generating strong interest.”

The buyer, Continental Assets Management, owns two other hotels in Hawaii, the Hilton Garden Inn Wailua Bay on Kauai, and is developing the AC Hotel by Marriott in downtown Honolulu.

About Powell & Aucello

Honolulu-based Powell & Aucello is a full-service hotel brokerage and advisory firm serving Hawaii, Micronesia, and the South Pacific. Founded in 2020 by hospitality industry veterans Tim Powell and F. Kevin Aucello, the company combines decades of global hospitality and real estate experience with an in-depth understanding of the Hawaii market. Visit PowellAucello.com for more. 

ResortTrades

Recent Posts

Key Highlights from Day 2 of ARDA Leadership & Policy Forum

The second day of the ARDA (American Resort Development Association) Leadership & Policy Forum proved…

1 week ago

Are You a Great Salesperson?

More sales mean higher revenues for any business. And people with certain characteristics tend to…

1 week ago

ResortCom Amplifies Giving with Employee-Driven Charity Giveback Program

ResortCom, a leading provider of timeshare management software, financial services, and call center solutions to…

1 week ago

How to Exit a Timeshare if a Developer Cannot Take Back Your Product

Nearly 10 million U.S. households own timeshare products that allow them to travel the world…

1 week ago

Vacatia-Managed Resorts to Reopen after Hurricanes Helene and Milton

Vacatia Inc., a leading provider of innovative, customer-centric solutions for timeshare resorts, has announced that…

1 week ago

MobiusVP Celebrates Twenty Five Years of Innovation

Mobius Vendor Partners is celebrating its Twenty-Fifth  Anniversary of business. The well-known business process design,…

2 weeks ago