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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Elroy Jetson who wrote (77865)	4/17/2008 2:35:27 PM
From: Broken_Clock	Read Replies (1) of 116555

Elroy Brookfield has a 150 unit or so condo project at Mauna Lani in S. Kohala. They lost a $2,000,000 sale 2 weeks ago because the VP was out of town and couldn't get it together to respond to an offer from my clients that had been looking over the unit for 2 months. They have about 130 vacant pads sitting there and maybe 10 units under construction but stalled. Maybe 10 closed units in the past 2 years. How can a company let a buyer(cash!) slip through their hands in a market like this?

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