Sunday, August 1, 2010

Financing trouble blocks buyers' possession of Trump hotel units

The Trump International Hotel Waikiki Beach Walk is getting close to being a year old, but most of the units in the hotel-condominium still haven't been conveyed to buyers or occupied.

A problem tied to financing the ultraluxury project, which sold out in 2006, blocked conveyance of units to buyers in late November shortly after the tower was completed. At the time of the suspension, only 101 of the building's 462 units had been transferred to buyers.

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