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These Maui Oceanfront Luxury Homes Are Selling Fast

Montage Residences Kapalua Bay concludes its first year of sales with nearly $90 million in volume.

Maui, HI (October 28, 2015) – Montage Residences Kapalua Bay, the luxury resort brand’s enclave of spacious, ocean-front homes situated on the pristine white sands of West Maui, has announced a total of $88 million in closed contracts and under-contract activity since the first Residences hit the market in July of 2014.  To date, the luxury resort community has sold 16 Residences, with only a limited number still remaining, while continuing to build momentum and attract discerning homebuyers.

“We are thrilled to see this response from buyers considering the extensive vacation home opportunities on Maui,” said Lisa Hatem, Director of Sales. “Our goal was to create a new residential offering complemented by unique personalized experiences and the service standards of Montage Hotels & Resorts.  From miles and miles of hiking trails to an array of ocean activities, homeowners have full access to the best of Kapalua Bay’s adventures and landscape, along with the distinctive benefits of living the Montage lifestyle.”

Kapalua Bay is a lauded destination for snorkeling, stand-up paddle boarding, surfing, swimming, hiking and playing the two esteemed golf courses in the area – all just steps away from Montage Kapalua Bay and its collection of branded Residences. Homeowners also have convenient access to an on-site concierge team that creates customized excursions for residents, their families and guests. Young residents ages 5-12 are invited to participate in Paintbox, the resort’s activities-based children’s program. Programming consists of Hawaiian themed activities such as hula dancing and lei making, outdoor excursions, arts-and-crafts, dive-in movie nights and more. The M-Teens program caters to teens 12-17, with hikes to Namalu Bay for swimming, snorkeling and paddle boarding. The award-winning Spa Montage is also conveniently located just a short stroll away from the oceanfront Residences, offering massage and body therapies, facial treatments, salon services, a fitness center and more.

Owners also experience the distinct Montage lifestyle through a collection of luxurious amenities, personalized service and authentic island cuisine. Recently welcoming Executive Chef David Viviano, Montage Kapalua Bay offers five dining venues helmed by the new chef, including Cane & Canoe for signature fine dining; Sunset Patio and Hana Hou Bar for relaxed dining and drinks served poolside; Mahana Market, a general store for everyday shopping; Cliff House, the waterfront private event venue; and Beach Club, serving casual Hawaiian fare and drinks. Chef Viviano also oversees In-Residence Dining, offered 24 hours a day, as well as personal chef services.

The Montage philosophy celebrates personalized services for residents with special experiences on-island or within their Residence. From surprise baked goods and a private photography session for a child’s birthday to a rare expedition into private bird-watching preserves gated off to the public, Residential Manager Shannon Berkowitz and her team go to extraordinary lengths to know and accommodate each owner. “We truly get to know our owners without being intrusive,” said Berkowitz. “We focus on delivering highly personalized service with humility and grace, and create lifelong memories for our owners.”

To learn more about residential ownership opportunities at Montage Residences Kapalua Bay, visit www.montageresidenceskapaluabay.com or call (808) 662-6551.

About Montage Residences Kapalua Bay

Montage Residences Kapalua Bay is located on 24-acres of pristine oceanfront within the renowned Kapalua Resort, home to two-championship golf courses, miles of hiking trails and an array of unparalleled amenities. Owners experience the Montage lifestyle through the collection of luxurious amenities, superior service and authentic cuisine that celebrates Hawaiian culture. Each residence is a rare treasure, offering generous private lanais and expansive ocean views. A limited number of three-and-four bedroom residences are offered. To learn more about residential ownership opportunities at Montage Residences Kapalua Bay visit www.montageresidenceskapaluabay.com or call (808) 662-6551.

Montage Residences Kapalua Bay are not owned, developed or sold by Montage Hotels & Resorts, LLC or its affiliates (“Montage”). Island Acquisitions Kapalua, LLC and Lantern Asset Management use the MONTAGE brand name and certain MONTAGE trademarks in connection with the sales and marketing of the Residences under license from Montage, and Montage does not make any representations, warranties or guaranties whatsoever with respect to the Residences. For the full disclaimer please visit: http://www.montageresidenceskapaluabay.com/disclaimer

About Lantern Asset Management

Lantern Asset Management is a full-service asset management firm building value through origination, underwriting, acquisition and improving the performance of operating assets and related investments.  Lantern’s asset management platform provides both financial resources and operational expertise to help transform businesses into industry leading enterprises.  In addition to the Montage Hotel & Residences Kapalua Bay, Lantern’s mandates include Bluejack National, Beacon Land Development, Elara, Sunrise Lodge and Resort Finance America. Lantern is headquartered in Dallas, Texas. For more information, please visit www.lanternam.com.

About Montage Hotels & Resorts

Montage Hotels & Resorts is a hotel and resort management company founded by Alan J. Fuerstman. Designed to serve the luxury traveler and homeowner, the company features an artistic collection of distinctive hotels, resorts and residences in stunning settings that offer comfortable elegance, a unique sense of place and spirit, impeccable hospitality and memorable culinary, spa and lifestyle experiences. The portfolio of hotels, resorts and residences includes Montage Laguna Beach, Montage Beverly Hills, Montage Deer Valley, Montage Kapalua Bay, and The Inn at Palmetto Bluff, a Montage Resort. In 2014, the company launched Pendry Hotels, a second brand that will marry the culture of service for which Montage is renowned with an inspired, fashion-forward and design-driven approach to hospitality. The first Pendry Hotel, Pendry San Diego, will open late 2016. In addition, the company also operates some of the country’s premiere golf courses, including Spanish Peaks Mountain Club in Big Sky, Montana and The May River Golf Club in Bluffton, South Carolina. For more information, please visit http://www.montagehotels.com.

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