A 2,500 acre cattle ranch with a 150 horse boarding facility, equestrian center, 300 acre coconut tree plantation, local water district and 10 room inn overlooking the Pacific Ocean on the north shore of Oahu, Hawaii.
Project Description
DWC was charged with providing consulting, management and accounting services.
Scope of Work
DWC conducted a comprehensive analysis of the property. As part of the accounting, DWC analyzed contracts and renegotiated with a variety of vendors and suppliers. In order to rehabilitate and operate the asset on a limited budget, DWC implemented stringent business and cash management plans. Additionally, DWC coordinated with various County of Honolulu public agencies to resolve environmental concerns, permitting and planning issues, as well as issues related to operation of the local water district. DWC helped to assess, quantify and remediate environmental concerns relating to past property uses (land fill, horse pasture) and potential groundwater contamination and was able to remediate any environmental issues in order to enhance the sale value of the property.
Project Resolution
DWC preserved the property’s assets which resulted in a successful sale for above the expected sale price.
Project Name
Dillingham Ranch
Client
Douglas P. Wilson
Location
Oahu, Hawaii
