City: Honolulu

Pacific Business News Walton Street Capital, a Chicago private-equity real estate investment firm, has paid $71.5 million, or about $239,933/room, for the 298-room Ambassador Hotel Waikiki in Honolulu. The purchase includes six parcels that total 67,229 square feet, including the ...

Seligman Group plans to offer for sale the Queen Ka'ahumanu Center, a 556,511-square-foot shopping center in Kahului, Hawaii. Eastdil Secured has the listing for the open-air property, which is the largest retail property on the island of Maui. It serves as collateral ...

Pacific Business News A partnership between Rockpoint Group, Evolution Hospitality and Blacksand Capital has purchased a leasehold interest in the 659-room Ohana Waikiki West at 2330 Kuhio Ave. in Honolulu from the Queen Emma Land Co. The partnership plans to ...

Commercial Real Estate Direct Staff Report The $89.7 million CMBS loan against the Queen Ka'ahumanu Center in Kahului, Hawaii, has been modified, with its term extended by another year to next June. The loan, securitized through Merrill Lynch Mortgage Trust, ...

Tampa Bay Business Journal DeBartolo Development has bought the 132-room Aqua Waikiki Pearl Hotel in Honolulu for an undisclosed price. Ramsfield Hospitality Finance placed the property on the sales market last October through Cushman & Wakefield.

Commercial Real Estate Direct Staff Report The Waikiki Pearl Hotel in Honolulu has been sold for $18 million, or $136,363/room, providing its former owner, Ramsfield Hospitality Finance, with a handsome return on its five-year investment. Ramsfield, a New York finance ...

Starwood Property Trust has originated a $225 million mortgage on the Four Seasons Resort Hualalai and residential community on Hawaii's Big Island. The loan's interest rate floats over Libor. It matures in five years, but can be extended for up ...

Pacific Business News RLJ Lodging Trust has paid $73.5 million, or about $184,210/room, for a leasehold interest in the 399-unit Courtyard by Marriott Waikiki Beach on Oahu, Hawaii. The Bethesda, Md., REIT bought the interest from a venture led by ...