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Hawaii Real Estate Industry News

Musician Ryuichi Sakamoto's Harmonious Hawaii Home Is Up for Sale at $3M

04/19/2018 realtor.com A man deemed "dangerous" after he escaped from a Hawaii psychiatric hospital and boarded a plan for San Jose was captured Wednesday in Stockton, according to the San Joaquin Sheriff's Department. Randall Saito, 59, was arrested about 10:30 ...

Household incomes failing to catch up to rising home prices, NAR report says

04/19/2018 Here’s how real estate brands and brokerages can work to mend the female leadership gap. READ MORE Despite the overall decline, 14 states saw an increase in affordability scores — led by Vermont, Hawaii and North Dakota — and 35 metro areas also saw ...

Foundation, Omidyar family give $260K

04/19/2018 In addition to the Kauai Relief and Recovery Fund, local businesses have also started raising funds, including the Hawaii Life Real Estate, who raised more than $10,000 from their Realtors and is providing matching funds of up to $25,000.

Hawaii governor examines flood damage on Kauai as Hanalei Bridge reopens

04/17/2018 Hawaii Life Real Estate Brokers, which is headquartered in Princeville, is among the local businesses helping out, and has offered to match the next $25,000 donated to the Hawaii Life Charitable Fund, which will disperse the money to nonprofit ...

Real property taxes are vital to county operations

04/15/2018 In many Mainland communities, local real estate taxes are used to support local schools. The communities decide for themselves what they can afford and tax their residents accordingly. In Hawaii, a decision was made decades ago to establish a statewide ...

Highgate taps Cheryl Williams for Hawaii sales

04/13/2018 Highgate, a New York-based hospitality management and real estate company, has named Cheryl Williams regional vice president of sales and marketing for Hawaii. Highgate recently launched the Alohilani Resort Waikiki Beach, and Williams will oversee sales ...

‘China’s Hawaii’ Gets Xi’s Support to Boost Tourism

04/13/2018 Hainan, often billed as China’s Hawaii, will become a “free trade port,” China ... The plan is aimed to boost domestic and foreign tourists to Hainan, where entrepreneurs and real estate developers have been pouring in billions of dollars to build ...

Sale of $27.5M house is Hawaii's highest-priced transaction so far in 2018

04/12/2018 A five-bedroom house at the Kukio Golf and Beach Club on the Big Island sold last month for $27.5 million, eclipsing the sale of a beachfront house on Maui to become the highest-priced residential real estate sale in Hawaii so far this year. It’s also ...

‘China's Hawaii’ Gets President Xi's Support to Boost Tourism

04/13/2018 Hainan, often billed as China’s Hawaii, will become a “free trade port,” China ... The plan is aimed to boost domestic and foreign tourists to Hainan, where entrepreneurs and real estate developers have been pouring in billions of dollars to build ...

Taxing Hawaii real estate investors to pay for public schools could have negative effects

04/11/2018 A bill to amend Hawaii’s state constitution to allow the Legislature to create a new "surcharge" on residential investment properties in the Islands to generate revenue for public schools is headed to conference committee, despite warnings that it could ...

Obituaries for April 11

04/11/2018 he was a real estate professional, physicist and woodworker ... Arrangements by Cremation Services of West Hawaii. Thomas Mack Cawthon, 88, of Kailua-Kona died March 24 at Hospice of Kona Nakamaru Hale in Holualoa. Born in Cannon, Ga.,

Cheryl Williams Named Regional Vice President of Sales and Marketing Hawaii for Highgate

04/11/2018 Highgate, a real estate investment and hospitality management company, has appointed Cheryl Williams as regional vice president of sales and marketing in Hawaii. Williams will oversee Highgate's expanding portfolio of Hawaii properties. Highgate ...

Commercial Real Estate Roundtable: Retail space top of mind for these industry experts

03/29/2018 The Hawaii Tourism Authority reported that per person ... somebody wants to buy will have an opportunity to slip into some maybe otherwise unavailable real estate in the past in good locations,” Fodor said. Starn noted that some new retail leases ...

Hawaii's industrial real estate market remains steady, report says

04/05/2018 Hawaii’s industrial real estate market is steady, with little movement in vacancy rates and rents during the first quarter, according to CBRE’s quarterly industrial market report. “That’s kind of the neverending story in industrial,” said Trent ...

Ex-Men’s Wearhouse CEO Sells $18 Million Hawaii Compound

04/05/2018 A wealthy individual clearly liked the way George Zimmer’s sprawling Hawaii hideaway looked — I guarantee it. The Men’s Wearhouse founder and former chief executive officer has finally sold his Big Island oceanfront estate, known as Nani Paniau ...

Hawaii mansion made famous in TV series set to be demolished

04/04/2018 The estate was built in 1933 and isn’t listed on the registry for historic landmarks. The only nearby fixture with any sort of historical protection is the ancient turtle pond next to the property. Hawaii News Now reports that there is no word yet on ...

Providence's Dave Underriner reflects on his legacy as he heads to Hawaii

04/04/2018 He admits to feeling some sticker shock at Honolulu real estate prices, but he’s getting a good grasp on the market dynamics for health care. The Aloha State seems to have figured something out: Hawaii topped the list of “best states for health care ...

Alexander & Baldwin Completes Migration to Hawai'i

04/03/2018 A&B is a fully integrated real estate investment trust and owns ... http://www.prnewswire.com/news-releases/alexander--baldwin-completes-migration-to-hawaii-300623198.html SOURCE Alexander & Baldwin

In Hawaii, 1 of every 24 homes is a vacation rental

04/02/2018 Due to its popularity and location, Hawaii attracts significant foreign real estate investment. In a statement, Airbnb said that the report’s numbers were “unfounded and patently false” and that the company had proposed common sense regulations to ...

Investor’s column: Here’s how an inventory worksheet can help protect your assets

04/02/2018 Some say that Hawaii is paradise. But on one Saturday back in January ... It could be scanned copies of wills, trusts, real estate contracts, birth certificates, death certificates, title to home, monthly bank statements, tax records, passwords, email ...

How Short-Term Rentals Impact Home Inventory

03/29/2018 Approximately 43 percent of Hawaii’s residents are renters, according to the report, which works out to the fourth-highest percentage in the nation. While the rental investment market is a crucial part of the real estate landscape throughout the country ...

Capital Gains: DeJoria's luxury ticket to ride; Dell's sprawling real estate empire; A card game that paid for a new bar

03/29/2018 Besides his homes in the Austin area and his vacation home in Hawaii, Dell has been dabbling in high-rise purchases in recent years, including spending more than $100 million for a duplex penthouse in New York's Billionaire's Row in 2014, a record-setting ...

In possible jab at Trump, Hawaii to erect statue honoring President Obama

03/28/2018 Hawaii officials attempted to gently press Obama’s sister Maya Soetoro-Ng and close friends for the deal and even set aside prime oceanfront real estate in case he chose his home state. However, in 2016 Obama announced that he had chosen Chicago’s ...

Commerz Real acquires “Kimpton Hotel Monaco” in Philadelphia for Hausinvest

03/27/2018 The seller is the American real estate investor KHP Capital Partners ... and “Pacific Beach Hotel” in Honolulu, Hawaii.

Singha Estate airs plan for Bt20 bn REIT

03/26/2018 LISTED property firm Singha Estate Plc plans to issue units in a real estate investment trust (REIT ... The upcoming investment involves the outright acquisition of Outrigger Hotels Hawaii, worth Bt11.07 billion, for six hotel and resort properties ...

Can This Tech Millionaire Save the Earth, One Tiny Eco-House at a Time? It’s…Complicated.

03/26/2018 At a certain point, when real estate is really cheap, you’re like ... So you sort of want the density, so New York would be a good place.” And yet here we are, in Hawaii. Hill leads me through the house, pointing to bamboo floors, mango wood ...

Hawaii tourists killed in fatal Whitsunday helicopter crash

03/21/2018 A helicopter crash that killed two tourists visiting from Hawaii is the second incident in four months ... and the pilot who were injured in the accident,” he said. Search real estate for sale or rent anywhere in Australia from licensed estate agents ...

Horne of Plenty: Head of CBRE’s Regional Operations has Ample Resources, Listening Skills

03/23/2018 “I try to use my ears and my mouth in proportion,” the president of CBRE Group Inc.’s Southern California-Hawaii division told the Business ... the world’s largest commercial real estate services and investment firm. Horne started 2017 with a ...

Tech entrepreneur snaps up the former Eddie Albert estate in Pacific Palisades

03/24/2018 Hagar bought the home 23 years ago after vacationing in Hawaii following a Van Halen world tour ... of Nourmand and Associates was the listing agent. Sara Lov of Maisonre Real Estate represented the buyer. Shriner, 52, is the rock band’s longest serving ...

A-Plus for Island Style: This Classic Hawaii A-Frame Is a Delight

03/23/2018 Well, the first owner was president of the Building Industry Association of Hawaii, and had lived in Samoa. He commissioned a home with a different type of island inspiration. Tens of thousands of people have been stranded across the Alps after 'once-in-a ...

CEO Puts His Own Assets into American Assets

03/23/2018 The company has been in operation for more than 50 years and has significant investments in some of our nation’s most dynamic and high-barrier-to-entry real estate markets in Northern and Southern California, Oregon, Washington and even Hawaii.

UNIQLO to open first store in Hawaii this fall

03/15/2018 Celtic Pipes and Drums of Hawaii pt.2 Celtic Pipes and Drums of Hawaii pt ... on Sunday evening, authorities said. A real estate investment startup co-founded by Jared Kushner skirted New York City laws and earned his company more money than expected ...

Waimea Country Lodge making moves

03/16/2018 Manley bought the property from Bank of Hawaii, which administered the Parker Trust, in 2015, and initially left the property managers, Castle Resorts & Hotels, in place. Manley, a commercial and residential real estate developer based in Brea, Calif.,

REIT Xenia Hotels & Resorts Sells Hawaii Property For $200M

03/14/2018 Law360 (March 14, 2018, 5:29 PM EDT) -- Xenia Hotels & Resorts Inc. has sold a leasehold interest in a hotel in Oahu, Hawaii, for $200 million, according to an announcement from the Florida-based real estate investment trust on Wednesday. The REIT sold the ...

Zippy's Restaurants to expand to Sin City

03/13/2018 Newmark Knight Frank (NKF) is the official real estate firm Zippy's has retained to find the appropriate ... More gun regulation and buy back programs are some ideas at the Hawaii State Capitol More gun regulation and buy back programs are some ideas ...

Cliffside Estate in Hawaii Features Olympic-Size Pool and Private Waterfalls

03/13/2018 Now, it’s on the market for $12.5 million. “It is one of the most unique properties on the entire coast,” says listing agent Carrie Nicholson with Hawaii Life Real Estate Brokers. “It’s basically an all-inclusive residential home with everything ...

Kennedy-Wilson Holdings: A Global Real Estate Opportunity

03/12/2018 The company is a diversified real estate manager that is very profitable for its small ... In addition to the U.S. properties in Hawaii, the Mountain States, the Pacific Northwest, and Northern and Southern California, the company also has properties ...

Groundhog Day in the Hawaii Senate

03/11/2018 The bill sought to amend what those in the real estate industry know as “HARPTA,” a law that requires people who buy Hawaii real estate from a nonresident seller to withhold 5 percent of the gross purchase price and pay it over to the Department of ...

Rebecca Keli‘iho‘omalu Joins Elite Pacific Properties

03/09/2018 Keli‘iho‘omalu is one of the most known and trusted names in real estate in Hawai‘i, consistently top in broker rating statewide, and recognized year after year as one of the Top 100 Realtors by Hawaii Business Magazine. Since earning her license in ...

Highgate names new Hawaii operations VP

03/09/2018 Highgate, a New York-based real estate investment and hospitality management company, has named Kelly Sanders as its new vice president of operations for Hawaii. Sanders will supervise the management of Highgate's roster of properties in the Aloha State ...