Barnwell Industries (BRN) has received a cash distribution of approximately $290,000 from its investments in the Kukio Resort land development partnerships in Hawaii, specifically those in KD Kona and KKM Makai. Barnwell holds minority partnership interests in the Kukio Resort development, a high-end residential community located on the Kona coast of Hawaii. These investments provide the Company with participation in the value created through the development and sale of luxury residential real estate within the Kukio project.
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