In late 2010, the Maloof family began negotiating with officials in Anaheim, California in an effort to move the Kings franchise to that city, despite repeated assurances that the team would stay in Sacramento. On March 29, 2011, the City of Anaheim approved bond measures aimed at assisting the Kings move. Finally, on May 2, 2011, the NBA put a halt to the move to Anaheim, California because the current bills that were owed to the city of Sacramento, California gave the city just cause to keep them in Sacramento. In June 2011, the Maloof brothers, Joe and Gavin, (along with successful investor Ghassan El Morabit), sold majority share of the Palms to two lending companies (Leonard Green & Partners LP in Los Angeles and TPG Capital in Texas), allowing them to continue building their stadium.