#Ken Fujiyama

Fujiyama’s State Lease in Ka`u in Jeopardy

The Department of Land and Natural Resources wants to revoke the lease held by his company, Hawaii Outdoor Tours, because he is behind on rent payments.

BLOG: KHON News and the ‘Phantom Towers’ of Naniloa

Missing hotel rooms, mysterious high-rises, and the “ghost of business ventures past” all managed to haunt reporters this week.

California Company Bids $3.5 Million for Naniloa

The company is owned by the same woman who bought Nani Mau Gardens, and who earlier this year proposed buying a partial interest in the Naniloa.

ANALYSIS: Naniloa – Local Crisis, Mainland Asset (Part 2 of 2)

While accusations mount over who is to blame for the Naniloa’s present state, the fate of the hotel rests in the hands of a North Carolina-based bank.

ANALYSIS: Naniloa – Local Crisis, Mainland Asset (Part 1 of 2)

How Hilo’s underutilized “jewel” went from a flawed auction, to foreclosure and bankruptcy.

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.

Naniloa Resort Hit With Foreclosure Action

The bank holding the mortgage said the hotel owes $9.9 million in principal and interest on what was originally a $10 million loan.