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Colorado-based firm assumes management of Maui project

The change is expected to help revitalize the troubled Kapalua property

By Andrew Gomes

POSTED: 01:30 a.m. HST, Jan 05, 2013

~~<p>A Colorado-based luxury condominium and time-share management firm has taken over operations of a resort project in Kapa&shy;lua, Maui, that appears on the verge of emerging from foreclosure and other financial difficulties under a new owner.</p>
<p>Timbers Resorts announced Friday that it assumed management of the former Ritz-Carlton Club and Residences at Kapa&shy;lua Bay effective Jan. 1, replacing Ritz-Carlton Management Co.</p>
~~

A Colorado-based luxury condominium and time-share management firm has taken over operations of a resort project in Kapa­lua, Maui, that appears on the verge of emerging from foreclosure and other financial difficulties under a new owner.

Timbers Resorts announced Friday that it assumed management of the former Ritz-Carlton Club and Residences at Kapa­lua Bay effective Jan. 1, replacing Ritz-Carlton Management Co. Login for more...



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