Honolulu
Volcano-Side Resort to Reopen as DoubleTree by Hilton in December
The oceanfront Hilo Naniloa Hotel and Golf Club on the east side of the Big Island will undergo an $18.5 million conversion into a DoubleTree by Hilton property.
O’Connor Capital Claims Stake in Retail Portfolio
O’Connor Capital Partners has paid a hefty sum to acquire a 49 percent interest in five shopping malls in Hawaii and across the country.
Good News for Kupuna: Affordable Option Coming Soon to Chinatown
Hawaii’s elderly residents or kupuna could soon benefit from a new affordable senior rental housing complex slated to rise on the edge of Honolulu’s Chinatown.
Aloha Tower Marketplace Dorms to Open in August
Hawaii Pacific University’s $50 million revitalization of the Aloha Tower Marketplace in downtown Honolulu is nearing completion.
Hawaii’s Fairmont Orchid Hotel Sold to Korean Investor for $200.3M
Korea-based Mirae Asset, one of Asia’s largest independent financial services firms, has recently acquired the Fairmont Orchid hotel on Hawaii’s Big Island.
Alexander & Baldwin Sells Luxury Condominiums at The Collection in Honolulu
Alexander & Baldwin Inc.’s The Collection condominium project currently under construction in the city’s Kakaako neighborhood has pre-sold 94 percent of its units. Most of the new residences have been purchased by local buyers, the Honolulu-based company announced.
TIAA-CREF Buys Stake in Hawaii’s Largest Shopping Mall
In a $454 million deal, TIAA-CREF has acquired a 12.5 percent equity interest in Honolulu’s Ala Moana Center from General Growth Properties, Inc. (GGP).
Kauai’s Aston Aloha Beach Hotel to Reopen as Hilton Garden Inn by Early 2016
Hilton Worldwide has signed a franchise license agreement with the owners of the Aston Aloha Beach Hotel in Kapaa, on the east coast of Kauai, to convert the property into a Hilton Garden Inn.
Hilton Hawaiian Completes Renovation of 380-Key Diamond Head Tower in Waikiki
Hilton Hawaiian Village Waikiki Beach Resort has officially wrapped up the six-month, $21-million refurbishment of its 17-story Diamond Head Tower in Waikiki.
Commodore Waikiki Condo Project Hits Market
Sales have been launched at the Commodore Waikiki, a new low-rise condo conversion that overlooks the Ala Wai Canal at 1880 Kahakai Drive in Honolulu.