SOURCE: The True Life Companies

The True Life Companies

December 19, 2013 15:04 ET

The True Life Companies Acquires 1.68 Acres of Waterfront on the Big Island of Hawaii

SAN RAMON, CA--(Marketwired - Dec 19, 2013) - The True Life Companies (TTLC) has just closed escrow on 1.68 acres of waterfront property on the Big Island of Hawaii, approximately 20 minutes north of the Kona International Airport. 

"This prime real estate is highlighted by a calm, protected cove on famous Puako Bay featuring a beautiful beach with shallow peaceful waters perfectly suited to an intimate resort lifestyle atmosphere," stated Taber Anderson, Principal and Chief Investment Officer of TTLC. "The overall property is currently comprised of three roughly 1/2 acre lots with direct access to the oceanfront. We will be exploring the possibilities for how this incredible property can complement our other recent purchase of the nearby 810 acres known as 1010 Puako, and vice-versa." Both parcels are located between the world-famous and historic Mauna Kea Beach Hotel and The Hapuna Prince Resort, the Mauna Lani Resort Village.

Anderson directs and oversees TTLC's overall investment portfolio as well as the growing luxury resort lifestyle division of TTLC, which is focused on the acquisition, development and management of private recreational master-planned communities in key Western U.S. markets. The company's resort lifestyle portfolio also includes Pine Canyon Club in Flagstaff, Arizona, a highly amenitized private golf club community, and Talking Rock, in historic Prescott, Arizona, also complemented by a private golf club and 18-hole golf course.

As a major supplier of lots and land to America's top home builders, TTLC has projects in various stages of development throughout California, Colorado, Arizona, and Hawaii, and is based in San Ramon, Calif., with regional offices in Phoenix, AZ; Denver, CO; Newport Beach, CA; Kona, HI; and Salt Lake City, UT.

TTLC is a strategic real estate investment and management firm composed of top-tier professionals with over 250 years of combined industry experience in acquisitions, development, management and homebuilding. For more information regarding TTLC's land acquisition or recreational master-plan portfolio visit www.TheTrueLifeCompanies.com or visit www.facebook.com/thetruelifecompanies

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