BEVERLY HILLS, Calif., July 28, 2015 /PRNewswire/ -- Nationally renowned agent Aaron Kirman, known for representing some of the country's most significant estate and architectural properties, has formed a strategic alliance with Hawaii's leading brokers and developers to help California buyers purchase luxury properties in the islands.
Citing strong demand from wealthy buyers for second homes in Hawaii, Kirman's first co-marketing project is The Ritz-Carlton Residences®, Kapalua, 107 condominiums in the world-famous Ritz-Carlton Kapalua Resort in Maui.
The pricing of the homes is a major part of their appeal to California buyers. Fee-simple, whole ownership one-bedroom condominiums are listed from $1,000,000 to $15,000,000. On a per-square-foot basis, this is half the price of comparable homes in Honolulu and West Los Angeles. "Maui real estate has turned the corner from its 2012-2013 low and is well on the upswing," says Kirman. "Now is a great time to buy, since prices are still 30% to 40% below their 2008 peak."
The area is considered one of Hawaii's most prestigious addresses, notes Kirman, who has sold more than $2.5 billion of residential real estate to select clients including billionaires, A-list celebrities, heads of industry, foreign investors and royalty in Los Angeles and worldwide. "It's like the Montecito of Hawaii, complete with thousands of acres of unspoiled beauty, hiking trails and some of the loveliest beaches and coves in Maui." The Kapalua resort area is home to several high-profile events including the Hyundai PGA Tournament of Champions, the XTERRA Triathlon World Championships, the Kapalua Food & Wine Festival and the Target Maui Pro Women's World Cup Surfing Championship at the world-famous Honolua Bay surf break, steps away from the resort.
The 54-acre resort, featuring 463 hotel rooms, the elegant Ritz-Carlton Spa, three luxurious pools, tennis courts, a soccer pitch, six restaurants and a wedding chapel, is currently undergoing a major upgrade. The Residences are undergoing full renovation by Honolulu-based Philpots & Associates in 2015-16. "Aligning with our focus on architecturally significant properties, the Residences will embody a modern take on traditional Hawaiian concepts," says Kirman. "An integration of the natural world will flow through each luxury home, with locally crafted artwork and easy indoor-outdoor living that reflects the contemporary Kapalua lifestyle."
"We've created a more efficient way for our clients to purchase their dream home in Hawaii. This initial marketing program with The Ritz-Carlton Residences, Kapalua is the start of an important relationship that will provide better service to our exclusive clientele," explained John Aaroe, CEO and founder of the John Aaroe Group.
About Aaron Kirman
Mr. Kirman, named the #13 real estate agent in the country by the Wall Street Journal and Real Trends in 2015, is renowned for his representation of some of the country's most significant estate and architectural properties, including residences by Koenig, Schindler, Lautner, Lloyd Wright, Williams and the only Neimeyer in North America. Mr. Kirman has represented such unique Southern California estates as Frank Lloyd Wright's Ennis House, Richard Neutra's Kauffman Residence, and Paul Williams' Lions Gate. While he specializes in exclusive properties from Beverly Hills to Malibu, he has represented buyers and sellers worldwide. For more information on Aaron Kirman, please visit www.aaronkirman.com.
About John Aaroe Group
John Aaroe Group is a leading real estate brokerage specializing in high-end property in the greater Los Angeles area. The company has represented some of the region's most prestigious properties, including the highest priced sale in the history of Beverly Hills. John Aaroe Group offers in-depth knowledge through its eight offices in Beverly Hills, Brentwood, Marina Del Rey, Downtown Los Angeles, the Sunset Strip, Toluca Lake, Sherman Oaks and Pasadena. It also serves an international clientele through Aaroe Estates. In 2014, the firm participated in 1,677 closed transactions with a combined market value of nearly $2 billion. http://www.aaroe.com.
SOURCE John Aaroe Group