Allure Waikiki: Bought by Private Equity Firms

According to “peHUB” and a Press Release from “Tomson Reuters”, “A group of private equity investors have teamed up to buy Allure Waikiki, a 35-story condo tower in Honolulu. ST Residential, which is managed by Greenwich, Conn.-based Starwood Capital Group; Fort Worth, Texas-based TPG Capital; WLR LeFrak and Perry Capital partnered on the deal, though no financial terms were released.”
“Allure Waikiki is a 35-story condo tower in the heart of Honolulu’s Waikiki beach that was completed earlier this year. Allure was completed at a time when there was a tremendous amount of uncertainty in the economy, especially with high-rise residential real estate.”
“Allure Waikiki is a fantastic property in a very desirable location,” says CEO Wade Hundley.
Read the rest of the Press Release regarding the Allure Waikiki Purcahsed by Private Equity Firms.
Details, photos and floor plans for Allure Waikiki.
Current Condos for sale in Allure Waikiki.
Mahalo For Reading.


