Royal Palms Takes a Step Back
Recently US Pacific’s Chris Deuchar announced the closure of their Poipu sales operations and the return of approximately $1million in earnest money deposits from 25 hopeful buyers (reference: Pacific Business News). After the issuance of a Conditional Final Public Report from the Real Estate Commission, the Royal Palms Sales team began taking reservations on the project over a year ago. With the hold up in issuing building permits and the expiration of the Public Report it appears things might be on hold for a while. This indefinite limbo is certainly disheartening for all concerned. Lets hope the permits will emerge soon and can breathe some life into the project once again.