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Mark Zuckerberg Donates $626,000 to Build 5 Affordable Homes in Hawaii

Mark Zuckerberg Donates $626,000 to Build 5 Affordable Homes in Hawaii

by Phil Hall | Nov 26, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Meta CEO Mark Zuckerberg and his wife Priscilla Chan have donated $626,000 to the nonprofit Permanently Affordable Living Hawaii to finance the creation of five homes in a workforce housing project located on a land trust on the Hawaiian island of Kauai. Kauai Now...
Jason Momoa Warns He is Not Involved with a Hawaiian Real Estate Investment Scheme

Jason Momoa Warns He is Not Involved with a Hawaiian Real Estate Investment Scheme

by Phil Hall | Nov 13, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Hawaiian residents are being warned against a new wave of real estate investment scams, including one that pretends to include actor Jason Momoa. Hawaii’s Department of Commerce and Consumer Affairs issued a warning that the scams involve letters that are designed to...
Study: Maui Wildfires Survivors Face Higher Rents, Deeper Poverty

Study: Maui Wildfires Survivors Face Higher Rents, Deeper Poverty

by Phil Hall | Oct 9, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The impact of the August 2023 Maui wildfires continues to resonate as a new study has found the number of households living below the poverty line has more than doubled since devastation occurred. The University of Hawaii Economic Research Organization (UHERO)...
Alexander & Baldwin Acquires Oahu Industrial Property

Alexander & Baldwin Acquires Oahu Industrial Property

by Phil Hall | Sep 24, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Alexander & Baldwin Inc. (NYSE: ALEX), the only publicly traded real estate investment trust to focus exclusively on Hawaii’s commercial real estate sector, has completed an off-market acquisition of an industrial property in Pearl City, Oahu for $29.7 million....
Study: Maui Wildfires Survivors Face Higher Rents, Deeper Poverty

$4 Billion Settlement Reached in Maui Wildfires Devastation

by Phil Hall | Aug 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Hawaii Gov. Josh Green announced a $4 billion settlement resolving all tort claims arising from the Maui wildfires. According to a statement from the governor’s office, the seven defendants – the State of Hawaii, County of Maui, Hawaiian Electric, Kamehameha Schools,...
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