Posts Tagged ‘honolulu condo’

Allure Waikiki: Bought by Private Equity Firms

Tuesday, November 30th, 2010

Allure Waikiki: Bought by Private Equity Firms

allure waikiki

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.

Excellent Sales Activity at Honolulu’s Luxury Condo, Keola Lai

Friday, November 26th, 2010

Excellent Sales Activity at Honolulu’s Luxury Condo, Keola Lai

Here are the latest statistics for sales in the last six months for the Keola Lai, Honolulu Luxury Condominiums.keola lai

Number of Units Sold:  14

Price Range:  $460,000 to $1,950,000

Average List Price:  $651,827

Average Selling Price:  $643,000

Percent of Asking Price:  99%

Average Cost per Square Foot:  $671,019

Average Days on the Market Before Sold:  65

View Details of the Honolulu Condo Building, Keola Lai at www.HNLCondos.com.  And, for Current Honolulu Luxury Condos listed for sale at Moana Pacific, click here

Mahalo For Reading.


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