The owners of Hana Ranch and Bio-Logical Capital will be announcing “the execution of an agreement” on Thursday, according to Harrison Sheppard, head of Hana Ranch Partners’ executive committee.
Bio-Logical Capital has been working for months on a deal to buy the east Maui ranch, as Civil Beat reported in July.
Sheppard said that it “was a very complex transaction. It’s not technically correct to say the sale has been finalized.”
He said he couldn’t disclose further details at this time.
GET IN-DEPTH
REPORTING ON HAWAII’S BIGGEST ISSUES
What it means to support Civil Beat.
Supporting Civil Beat means you’re investing in a newsroom that can devote months to investigate corruption. It means we can cover vulnerable, overlooked communities because those stories matter. And, it means we serve you. And only you.
Donate today and help sustain the kind of journalism Hawaiʻi cannot afford to lose.