#Real Estate Sales

Construction boom to drive Hawaiʻi’s economy, aid Maui recovery

A resurgent construction industry in Hawaiʻi is building the state’s economy, even as tourism falters, and offers hope of boosting Maui’s recovery from the devastating August 2023 wildfires. This optimistic outlook comes from the Hawaiʻi state Department of Business, Economic Development and Tourism’s recent second-quarter statistical and economic report. “The growth in the construction industry […]

PUC Approves Ellison’s Lanai Purchase

Interim approval was been given to Larry Ellison by the Hawaii Public Utilities Commission allowing his company to assume ownership of Lanai’s three utilities.

Rumors Confirmed: Lanai Up for Sale

The Pacific Business News is reporting today that billionaire-owner David Murdock, who is said to own 98% of the island, has put Lanai up for sale.

Maui Land & Pineapple Reports $3.5M Net Loss

Maui Land & Pineapple Company, Inc. reported net income of $5.1 million for 2011 and a net loss of $3.5 million for the fourth quarter of 2011.

VIDEO: Economic recovery on Maui underway, marked by tourism rebound

By Wendy Osher Maui’s economic picture is marked by an impressive tourism industry rebound, according to First Hawaiian Bank economic advisor and Hawaii Pacific University professor Dr. Leroy Laney, who was the featured speaker at the 36th Annual First Hawaiian Bank Economic Outlook Forum, held at the Maui Beach Hotel in Kahului on Thursday. [flashvideo […]