Peter Savio, a Hawaii developer, reached an agreement to acquire Maui Beach Hotel Inc. and Elleair Maui Golf Club, LLC from Daio Paper Corporation (TSE:3880) on January 24, 2014. The transaction is expected to close by June 27, 2014. CBRE Hawaii acted as broker for Daio Paper Corporation related to sale of Elleair Maui Golf Club.
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- Peter Savio, a Hawaii developer, reached an agreement to acquire Maui Beach Hotel Inc. and Elleair Maui Golf Club, LLC from Daio Paper Corporation.