DiamondHead Land a joint venture between an affiliate of California-based real estate company ProspectHill Group and Hawaii hotelier Pat Fitzgerald has closed on its acquisition of the Mauna Lani Bay Hotel & Bungalows. The group’s purchase is from the original resort developer and hotel owner-Tokyo Corporation. Pat Fitzgerald is also president of the Hualalai Resort. The sale includes the hotel, Francis H. Ii Brown golf courses and an additional 1500 acres adjacent to the resort boundaries.

It is reported that DiamondHead Land also owns Queen Kapiolani Hotel in Waikiki, Oahu.

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Written by Rick Oliver on August 11, 2017
Posted in: Significant Sales | Tags: 2017, DiamondHead Land, Mauna Lani, ProspectHill Group