23rd September 2010
I recently attended a dinner and was privileged to hear a CEO of a major company in Hawaii speak about current trends. This is a company that is very conservative and has thousands of employees here in Hawaii.
One of the main points I took away from hi...
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21st June 2010
Recently the Kele Center, located on the island of Maui in the city of Kahalui, sold. The Shopping center is approximately 14,820-sq. ft. and sold at a price of $4,925,000. Anchored by Denny's Restaurants, Super Cuts, Rent-A-Center, and Edward Jones, th...
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21st June 2010
In recent weeks, we have had mortgage brokers and lenders pricing and refinancing loans that we are working on in the Hawaii commercial real estate marketplace. It has become very clear that these lenders are placing a lot of weight on longer term leases...
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08th June 2010
Recently, we have seen the beginning signs of a more rational market in the commercial real estate industry. In the past four weeks, we have seen loan-to-value ratios and debt coverage ratios return to a more fair and balanced level. While these loans a...
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08th June 2010
Retail sales: by watching the gross sales of retailers, you can predict if they'll be able to pay rent, and how the property as a whole will perform. In 4th quarter 2009, sales began to go up again, and that could be the saving factor for rental rates an...
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29th April 2010
Last week I was at a presentation by Bank of Hawaii, and they got me thinking. The military and Federal Government combined in our state is holding up the entire economy on the Island of Oahu. Military construction has not receded, it continues. They are ...
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