Latest real-estate & development news and updates
Maui County is inviting the community to participate in upcoming meetings focused on developing commercial design guidelines for the rebuilding of Lahaina. These guidelines aim to balance honoring the historic character of Lahaina with addressing the needs of local businesses and residents post-wildfires.
U.S. Representative Jill Tokuda is celebrating the passage of the fiscal year 2026 National Defense Authorization Act (NDAA) by the House, which successfully blocked the military from gaining authority to condemn public or private land in Hawaiʻi. This decision is seen as crucial for preserving the state's open spaces and maintaining community trust, with significant implications for local real estate and development.
The County of Hawaiʻi is injecting $11.8 million into six affordable housing projects across the Big Island, offering promising prospects for developers, investors, and local businesses involved in construction and related services. This initiative, funded through the Affordable Housing Production (AHP) Program, aims to alleviate the island's housing shortage and stimulate economic activity.
The proposed Mākena Mauka residential project in South Maui has taken a significant step forward with the filing of a Draft Environmental Impact Statement (DEIS). This development, now scaled back, has the potential to reshape the local real estate landscape and presents both opportunities and considerations for investors and the community.
Maui's real estate market experienced a slowdown in November 2025, according to the Realtors Association of Maui, with both single-family home and condominium sales declining year-over-year. This downturn, marked by falling median prices, creates a dynamic landscape for potential investors and developers.
The City and County of Honolulu has selected a developer to construct a mixed-use, transit-oriented development in Kapolei that will include hundreds of affordable rental units. This initiative is part of a broader strategy to increase affordable housing options on Oʻahu, leveraging underutilized city-owned land.
Alexander & Baldwin (A&B), a key player in Hawaii's commercial real estate market, is set to go private in a $2.3 billion deal with MW Group, Blackstone, and DivcoWest. Analysts suggest this move is a logical progression given the constraints of the local market and the potential for long-term strategic benefits.
Kumulani Chapel has finalized an agreement with Maui Land & Pineapple Company, Inc., to purchase over six acres in Kapalua Resort. This move allows the longstanding West Maui congregation to establish a permanent campus, reflecting the area's continued development and the church's 42-year presence.
Kumulani Chapel has finalized an agreement with Maui Land & Pineapple Company, Inc. to purchase over six acres in Kapalua Resort, paving the way for a permanent campus. This significant real estate deal highlights continued investment in West Maui's community and underscores potential opportunities for local businesses.
The City and County of Honolulu has begun mailing property assessment notices to approximately 323,000 Oʻahu property owners. These notices, based on property valuations, will influence property tax bills for the upcoming year and may affect real estate investment strategies.
Alexander & Baldwin (A&B), a long-standing cornerstone of Hawaii's commercial real estate sector and the largest owner of grocery-anchored shopping centers in the state, is set to be taken private in a $2.3 billion merger. This significant transaction, involving a partnership with MW Group, Blackstone Real Estate, and DivcoWest, signals a major shift in the state's real estate market, with potential impacts on local entrepreneurs and investors.
The Kobayashi Group has been selected to develop a significant affordable rental community in Kapolei, promising hundreds of new units for families. This project is poised to have a substantial impact on the local business landscape and address the critical need for affordable housing in West Oahu.
Oahu's real estate market presented a mixed picture in November, with single-family home sales experiencing a significant surge while the condominium market saw a decline. This divergence could signal shifting investment strategies and present different opportunities for buyers and sellers.
Alexander & Baldwin, a 155-year-old Hawaii real estate giant and the state's largest owner of grocery-anchored shopping centers, has agreed to a $2.3 billion deal to go private. This landmark transaction represents the largest commercial real estate portfolio deal in Hawaiian history, signaling a significant shift in the local business environment.
In a landmark move, Alexander & Baldwin (A&B), the titan of Hawaii's grocery-anchored shopping centers with a 155-year history, has agreed to a $2.3 billion privatization. This deal represents the largest commercial real estate portfolio transaction in the state's history, signaling a potentially transformative shift in the local business and investment environment.
Alexander & Baldwin (A&B), a cornerstone of Hawaii's commercial real estate market, is set to go private in a significant $2.3 billion transaction. The move, as announced by [KHON2](https://www.khon2.com/local-news/alexander-baldwin-leaves-stock-market-after-major-sale/), promises continued investment in the state and pledges to maintain existing employment levels.
Alexander & Baldwin (A&B), a cornerstone of Hawai'i's commercial real estate sector, has agreed to a $2.3 billion take-private merger. The deal, led by Honolulu's MW Group and investment funds from Blackstone Real Estate and DivcoWest, will significantly alter the ownership structure of A&B's vast portfolio of grocery-anchored shopping centers.
Alexander & Baldwin, the leading owner of grocery-anchored neighborhood shopping centers in Hawai'i, has agreed to a $2.3 billion merger, paving the way for the company to go private. This significant transaction, backed by a partnership including Honolulu-based MW Group, Blackstone Real Estate, and DivcoWest, could reshape investment strategies and the competitive environment within the state's thriving real estate sector.
The Realtors Association of Maui is expressing serious concerns regarding the potential economic consequences of the proposed vacation rental phase-out on the island. A recent study highlights substantial projected losses to Maui's economy and tax revenue, potentially impacting essential county services.
Alexander & Baldwin (A&B), a cornerstone of Hawaii's business landscape for over 150 years, is set to go private in a $2.3 billion deal with MW Group, Blackstone, and Divco West. Despite the change in ownership, the company has committed to retaining its Hawaii headquarters and maintaining its local leadership, promising a continued focus on the state's commercial real estate market.