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Signature Resorts Inc

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BUSINESS
July 29, 1997 | Bloomberg News
Signature Resorts Inc. said it will buy Hawaii Embassy Suites' resort hotel on Kaanapali Beach, Maui, from a Japanese partnership for about $78 million and convert 157 of the 413 suites into vacation condominiums. Signature will lead an investment group that includes Goldman, Sachs & Co.'s Whitehall Fund and Apollo Real Estate Advisors. The group will buy the hotel at a "substantial discount," Signature said in a statement.
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BUSINESS
July 29, 1997 | Bloomberg News
Signature Resorts Inc. said it will buy Hawaii Embassy Suites' resort hotel on Kaanapali Beach, Maui, from a Japanese partnership for about $78 million and convert 157 of the 413 suites into vacation condominiums. Signature will lead an investment group that includes Goldman, Sachs & Co.'s Whitehall Fund and Apollo Real Estate Advisors. The group will buy the hotel at a "substantial discount," Signature said in a statement.
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BUSINESS
May 6, 1997
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