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Hospitality purchases at more than 23 % were the largest share of Hawaii's $1.93 billion commercial real estate investment in 2023, with Outrigger Hotels and Resorts' $325 million acquisition of ...
Kilauea Point Lighthouse Huliheʻe Palace. The following are approximate tallies of current listings by island and county. These counts are based on entries in the National Register Information Database as of April 24, 2008 [2] and new weekly listings posted since then on the National Register of Historic Places web site, all of which list properties simply by county; [3] they are here divided ...
Real estate investing involves the purchase, management and sale or rental of real estate for profit. Someone who actively or passively invests in real estate is called a real estate entrepreneur or a real estate investor. In contrast, real estate development is building, improving or renovating real estate.
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
By 1974, sugar production was leased to Alexander & Baldwin, while the company moved into residential and resort real estate operations. [4] The Wilcox estate was added to the National Register of Historic Places listings in Hawaii on June 25, 1974, as site 74000722. Its boundary was adjusted to total 81.79 acres (33.10 ha) on December 8, 1978 ...
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In 1999, Outrigger spun off 15 of its hotels to create the hotel chain OHANA Hotels and Resorts, a brand of three-star properties, while keeping the Outrigger brand for its higher-end five-star and luxury properties. Ohana is a Hawaiian word meaning "family". [1] By 2018, there were only two remaining OHANA Hotels. [citation needed]
The introduction of commercial jet flight to the Lihue Airport sparked the beginning of the tourism industry on Kauai. [12] Furthermore, Kauai's acceptance as the 50th state in 1959 helped contribute to this new industry. Kaua’i Surf, a new ten-story hotel, was opened in 1960—solidifying Kauai's commitment to tourism.
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