Kauai New Real Estate Development

December 6, 2007

Royal Palms Takes a Step Back

Filed under: Updates — Roberta @ 4:42 pm

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.

One Response to “Royal Palms Takes a Step Back”

  1. Richad Says:

    Too Bad. We got our deposit back and have moved on.
    Strange situation.

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