Posted on 03/18/2015 7:45:43 PM PDT by nickcarraway
One of Hawaiis best-known homes was sold this week.
The stunning three-acre oceanfront parcel along Waimanalo Beach was made famous in the Magnum P.I. television series, but who might spend time there next may give it even more notoriety.
The sale at 41-505 Kalanianaole Highway is shrouded in a bit of mystery, but it could involve a very famous future visitor when hes not at the White House.
The property traded hands in a sale that recorded Monday.
The talk of the neighborhood so far is that the purchase is affiliated with President Barack Obama, so we looked into it.
People on the beach here think its Obama, and some people like me are thrilled at the prospect, said Lee Siegel, who owns a neighboring home. Its wonderful. My dog there cant wait to play with Bo.
I think the people who are kind of negatively concerned are worried that security is going to somehow impede or interfere with their life here in Waimanalo. Its going to put Waimanalo on the map, thats for sure, Siegel added.
Listing agent Mary Worrall sold the home for $8.7 million on behalf of the same ohana that had owned it since the 1930s when it was built.
She said everyone in the transaction had to sign confidentiality agreements, so nothing further could be disclosed about who is buying it and what plans are for the house.
Always Investigating reviewed the deed and mortgage and found the buyer is an LLC called Waimanalo Paradise, set up just last month, whose mailing address and contact is Obama donor and Chicago lawyer Seth Madorsky.
The deed and the mortgage are signed by a person with the same name, Judy Grimanis, as an executive assistant at a Chicago-based private capital firm run by Obamas longtime friend and frequent Hawaii golf and travel partner Marty Nesbitt. It is also the same name of a person who worked for prominent Obama fundraiser Penny Pritzkers companies.
The mortgage is held by yet another LLC set up last month, this one called Hoaloha Holdings.
The mortgage is nearly a million dollars more than the sale price, a $9.5 million note, so it would appear some major renovations could be in store for the aging property.
No comment yet from the seller or those associated with the Waimanalo Paradise or Hoaloha Holdings LLCs, nor from the White House about the First Familys connections, if any.
I hate to burst your bubble, but every president has a pension plan courtesy of you and MOI!
I’ve got a feeling that housing/rotating in secret service to Hawaii will cost us all a tad more that if Barry had gone ‘home’ to Chicago.
Thomas would surely gag up that close and personal!
Here is where they stayed before. This house isn’t even half of that.
http://www.huffingtonpost.com/2013/12/19/obama-hawaii-vacation-home_n_4463209.html
The image of a couple Manatees fighting over a bit of linguine comes to mind
The property values will surely decrease when the
cockroaches invade the neighborhood.
Yes. Only since Truman. That should be stopped as well as lifetime office expenses at tax payer expense.
These guys can afford to provide for themselves.
Fagnumb P.U.
What makes you think its her and not reggie?
I don’t know why the idea of the Obamas living in that home upsets me so much, but it does.
“Dr. No.” That must be what I’m thinking of. Or that goofy movie with the “mini me”.
Actually, I’m sure that President Obama will just want to get away from it all, retreat to his island paradise and leave the political world altogether, with the infrequent sightings of him in a poor disquise buying fruit from the local vendor.
LOL!!!
A famous birth announcement from 1961 |
Racism!!
The more complete history of Obama and mama Stanley Ann would include mama’s time spent in Indonesia as a young free love Lolita, especially so with a Muslim cult guru named Muhammod Subuh. It is to bad that the partner in adventures, Loretta Fuddy, was in an unusual/suspect airplane accident off Molakai. Between Fuddy and grandma Dunham there was much history of Obama.
ROFL ROFL
The cult also has a large group in Chicago where they got government grants and opened several world women type groups. Imagine if one wanted to spend some time looking into them they’d find fraud in many levels.
Fraud similar to the type Rev Wright’s daughter went to jail for
The Black Muslim street gang (founded by a Mexican drug cartel) also got caught miss using government grants. It controlled the community O organized Jesse J’s half bro who is Michelle’s cousin is doing life for his involvement with the gang.
With those in mind makes one wonder how many grants O wrote as an organizer
I repeat this in case other’s missed it
“He inherited his money from his great grandfather. Upon his death his grandmother was promoted to VP - head of the trust department of the HI bank. She was also made his legal guardian, then moved him to a penthouse and enrolled him in private school. Hes had all the priveledge of wealth his entire life” (snip)
Who’s (using some lame excuse) funeral he never attended.
So you continue
“The purpose of writing the book about his African father was to keep people from investigating the millions made by his white ancestor by negotiating writing mineral leases in OK and Kansas. If anyone would investigate The company G-Grandad worked for in Tulsa I believe youll find it owns controlling interest in Solyndra. (Do you understand why he vetoed the pipeline?)”
I have always thought Hawaii is where he would end up despite recent feints in other directions.
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