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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 the Outrigger Beach Ka’anapali Hotel topping the list.
Living in Hawaii poses increasing challenges due to its high cost of living and limited supply of affordable housing. In today’s Living Akamai, Kay Mukaigawa of Engel & Volkers, and Stanford Carr, CEO of Stanford Carr Development LLC, shed light on the intricacies of affordable housing in the Aloha State. Carr, a renowned developer in […]
A state agency that helps finance affordable-housing development in Hawaii faces having its funding award criteria dictated by the Legislature to favor state and county projects.
County to Award $17.3 Million in Grants for Affordable Housing
In total, 1,176 housing units in the Big Island’s affordable housing pipeline will be impacted by the infusion of funds.