#foreclosure action

Wyland Partnership Buys Naniloa Resort for $5.2 Million

The famed whale artist teamed up with the former owner of Honolulu’s Aloha Tower to place the winning bid over Hilo native Peter Savio.

State, County Oppose Naniloa Lease Request

Problems at the Hilo resort range from financial to building and fire code violations that the county says present threats to public safety.

No More Extensions for Naniloa, Land Board Says

The Board of Land and Natural Resources declined to extend deadlines for an overdue lease payment or for reinstating a performance bond.

Land Board to Again Take Up Naniloa Debts

The Board of Land and Natural Resources is scheduled to discuss the resort’s failure to make another lease payment and to restore its performance bond.

Land Board Orders Naniloa to Restore $1 Million Bond

The Board of Land and Natural Resources took the action because of the hotel’s 2012 default on lease payments.

Naniloa Staves Off Foreclosure With Bankruptcy Filing

The filing in US Bankruptcy Court in Honolulu came minutes before a judge was to rule on a motion to appoint a receiver to take control of the resort.