Mormon Church

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The Mormon Church purchases a Marriott Residence Inn in Maui for $100 million

The real estate division of the Mormon church purchased the Residence Inn in Maui Wailea for $100 million. 75 Wailea Ike Drive LLC, an affiliate of Laie-based Hawaii Reserves Inc. and Salt Lake City-based Property Reserve, closed on the acquisition of the 200-room limited-service hotel on 6.4 acres mauka of the Grand Wailea Maui, A…

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