Hawaii commercial real estate investment is back in fashion. This week, I spoke with two different clients who, within the next year, will be investing ONLY in Real Estate in Hawaii. Both of these clients own hundreds of millions of dollars of commercial and investment real estate.
The first client is focusing on Hawaii because “it is still sexy as an investment”. He can continue to raise capital for Hawaii projects that have cash flow, where as his mainland opportunities are more worrisome.
The second client is a large institutional investor that also believes that there is less risk here and more inherent value to be created.