Sales Begin at The Ritz-Carlton Residences®, Kapalua on Maui in the Hawaiian Islands

KAPALUA, MAUI, Hawaii--()--RC Kapalua Owner, LLC announced that sales of the newly remodeled homes at The Ritz-Carlton Residences, Kapalua will begin today. Fifteen residences are now available starting from the low-$1,000,000s for one-bedroom homes and mid-$1,000,000s for two-bedroom homes.

Each home was recently remodeled by the award-winning Philpotts Interiors, including thoughtfully selected contemporary furniture, artwork, and enhanced kitchens and appliances.

“The enhancements made to each residence reflect the finishing refinements to the property that already embody the incomparable Ritz-Carlton brand,” said Sean Hehir, President and CEO of Trinity Investments, LLC, headquartered in Honolulu. “These homes were designed for the discerning Kapalua resident, providing the ultimate island retreat with all of the benefits of a luxury condominium and a AAA Five Diamond oceanfront property combined into one.”

The resort was acquired in November 2016 by RC Kapalua Owner, LLC, a joint venture among funds managed by the real estate group of Ares Management, L.P. (NYSE:ARES), SMW Hospitality LLC (a joint venture between affiliates of Square Mile Capital Management LLC and Wafra Investment Advisory Group) and Trinity Investments, LLC.

Each of the available one- and two-bedroom residences include updated kitchens, spacious new living areas, and private lanais. The homes offer superb comfort and are beautifully furnished with everything from top-of-the-line Wolf and Sub-Zero appliances to fine linens and custom artwork. A dedicated Residential Services Manager is available to tend to owners’ needs.

“This is an extraordinary opportunity for owners to be part of this outstanding location in the 22,000- acre master planned Kapalua Resort on Maui,” said Robert H. Merriman, Director of Sales of The Wailea Group, LLC, which is leading the sales and marketing efforts for RC Kapalua Owner, LLC.

The residences occupy a dedicated wing of The Ritz-Carlton, Kapalua with the world-class resort services and unsurpassed amenities at owners’ fingertips. This includes priority access, charging privileges, and preferred rates at many of the businesses within Kapalua Resort including two championship golf courses (The Bay Course and The Plantation Course), Kapalua Golf Academy, a 17,500-square-foot spa with 15 treatment rooms, and restaurants including The Banyan Tree, Kai Sushi, The Beach House, Alaloa Lounge, The Pool Bar & Café, The Terrace, and Aina Gourmet Market. Pre-arrival arrangements such as booking tee times, spa appointments, and dinner reservations are all available through the dedicated Residential Services office.

The Ritz-Carlton, Kapalua amenities also include an iconic three-tiered swimming pool, a fitness center, a 4,844-square-foot retail arcade, 32,000 square feet of meeting space, tennis courts, two marine sanctuaries, and renowned golden sand beaches.

For more information or to schedule a private appointment at The Ritz-Carlton Residences, Kapalua visit the Sales Gallery located at 1 Ritz-Carlton Drive, Kapalua, Lahaina, Hawaii 96761 or call 808-665-7113. You can also register online at www.KapaluaResidences.com.

The Ritz-Carlton Residences, Kapalua are not owned, developed or sold by The Ritz-Carlton Hotel Company, L.L.C. or its affiliates (“Ritz-Carlton”). RC Kapalua Owner, LLC (“Developer”) uses The Ritz-Carlton marks under a license from Ritz-Carlton, which has not confirmed the accuracy of any of the statements or representations made herein or in any other materials. Listed by The Wailea Group LLC. All figures, facts, information and prices are approximate and are subject to change at any time. Purchasers should be aware that all finish materials, appliances, options and upgrades are subject to change or substitution by Developer at any time without prior notice. Developer does not own or control the land outside the Project and does not guarantee the current or future use thereof. To the extent permitted by law, Developer disclaims all liability that may arise out of errors or omissions in the content hereof, including any claims for actual or consequential damages. This is not intended to be an offering or solicitation of sale in any jurisdiction where the Project is not registered in accordance with applicable law or where such offering or solicitation would otherwise be prohibited by law.

WARNING: THE CALIFORNIA DEPARTMENT OF REAL ESTATE HAS NOT INSPECTED, EXAMINED, OR QUALIFIED THIS OFFERING.

About Ares Management, L.P.

Ares Management, L.P. is a publicly traded, leading global alternative asset manager with approximately $100 billion of assets under management as of March 31, 2017 and more than 15 offices in the United States, Europe, Asia and Australia. Since its inception in 1997, Ares has adhered to a disciplined investment philosophy that focuses on delivering strong risk-adjusted investment returns throughout market cycles. Ares believes each of its three distinct but complementary investment groups in Credit, Private Equity and Real Estate is a market leader based on assets under management and investment performance. Ares was built upon the fundamental principle that each group benefits from being part of the greater whole. For more information, visit www.aresmgmt.com.

About Square Mile Capital Management, LLC

Square Mile Capital Management LLC is an integrated institutional real estate finance and investment management firm based in New York. Square Mile's large U.S. footprint, enhanced by the firm's strategic partnership with USAA Real Estate Company, enables Square Mile to leverage proprietary market insights through a unified sourcing and investment philosophy that positions the firm to capitalize upon opportunities through all phases of the commercial real estate cycle. Square Mile's opportunistic investment platform takes a value oriented approach to its activities, with an emphasis on opportunities to acquire or capitalize real estate assets or enterprises that are undervalued, complex or undercapitalized. Square Mile's commercial real estate debt platform provides customized capital solutions for real estate owners and developers throughout the United States. http://www.squaremilecapital.com.

About Trinity Investments, LLC

Trinity Investments, LLC is a private real estate investment firm with a 20-year history of generating value-added returns. With considerable expertise covering the full spectrum of property investment, development and value-enhancing asset management, Trinity generates unique and opportunistic real estate investments in world-class markets. The firm’s pursuits span an array of geographic locations and asset types but share the commonality of being predicated upon best-in-class local relationships and teams of professionals for sourcing, execution and exiting. Headquartered in Honolulu, Hawaii, Trinity maintains offices in New York, Tokyo and Mexico City.

Contacts

For The Ritz-Carlton Residences, Kapalua
Media:
Joyce Timpson & Associates, Inc.
Joyce Timpson, 808-226-4169
joyce@jtahawaii.com
or
For Ares Management:
Media:
Mendel Communications
Bill Mendel, 212-397-1030
bill@mendelcommunications.com
or
Investors:
Carl Drake, 800-340-6497
cdrake@aresmgmt.com
or
For Square Mile Capital:
Rubenstein
Rick Matthews, 212-843-8267
Rmatthews@rubenstein.com
or
For Trinity Investments:
ICR, Inc.
Jason Chudoba, 646-277-1249
Jason.Chudoba@icrinc.com
or
Angela Bonnici, 646-277-1276
Angela.Bonnici@icrinc.com

Contacts

For The Ritz-Carlton Residences, Kapalua
Media:
Joyce Timpson & Associates, Inc.
Joyce Timpson, 808-226-4169
joyce@jtahawaii.com
or
For Ares Management:
Media:
Mendel Communications
Bill Mendel, 212-397-1030
bill@mendelcommunications.com
or
Investors:
Carl Drake, 800-340-6497
cdrake@aresmgmt.com
or
For Square Mile Capital:
Rubenstein
Rick Matthews, 212-843-8267
Rmatthews@rubenstein.com
or
For Trinity Investments:
ICR, Inc.
Jason Chudoba, 646-277-1249
Jason.Chudoba@icrinc.com
or
Angela Bonnici, 646-277-1276
Angela.Bonnici@icrinc.com