September 8th, 2011

Lim Ruger Closes $6.5 million Purchase of Land in Hawaii

September 8, 2011 –  Representing the founder of a global health enterprise, Lim Ruger closed on a short sale purchase of 236 acres of land in Kula, Hawaii for residential and agricultural development.  Having to work quickly and thoroughly because of the scheduled foreclosure of the property, Lim Ruger negotiated the purchase with the lender and the seller, and then assisted with due diligence before closing the transaction, which occurred less than a day before the foreclosure sale.  The land is nestled in the Maui upcountry and boasts ocean vistas.  The purchase included entitlements to subdivide into thirty-five large parcels with a private water system.

Lim Ruger attorneys John Lim, Sandy Sakamoto, and James Ho represented the buyer.

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