Stanford Carr JV gets third extension on Hawaii low-income rental portfolio

The Oct. 15 date had been the third due diligence deadline set by the HHFDC board, which awarded the portfolio to the joint venture of Stanford Carr Development and Standard Property Co. on Dec. 14 after a competitive bid process......»»

Chris Woodard, HHFDC’s real estate portfolio manager, confirmed to Pacific Business News that the board’s unanimous vote was the final extension......»»

The board went into executive session Thursday to discuss a modification to the award of the six properties, including a capital improvement plan budget that was “materially in excess” of a preliminary capital improvement budget of $54.9 million......»»

Developer Stanford Carr on Monday opened the $52 million 128-unit Hale Kewalo low-income rental building near Ala Moana Center, two days before the building’s first residents move in. Carr was joined by members of his team at Stanford Carr Devel.....»»

The Hawaii Housing Finance Development Corp. has approved a modification to the sale of the state’s affordable housing portfolio to a partnership of Stanford Carr Development and Standard Property Co. that discounts the purchase price by $40 mill.....»»

Grandpa Is Buying EPR Properties For Its 5.88% Yield, Outstanding Portfolio, And Rental Income Growth.....»»

The transaction marks what may be the first purchase in 2019 for New York-based Blackstone, which had already spent $1.9 billion in the last 18 months buying three Hawaii resorts and another multifamily property......»»

Airbnb Buying a rental property is a good way to earn passive income and build wealth. Some American real estate investors prefer to keep their portfolio local, but you can also earn money as a landlord if buy rental property abroad......»»

Owning an income property can diversify a traditional stock- and bond portfolio......»»

How To Mix Rental Income And Portfolio Returns In Retirement.....»»

The joint v.....»»

We income investors like REITs (real estate investment trusts) because they are.....»»

“We understand travel to Hawaii is still recovering, but we are excited to finally be back open to our normal operational days and hours prior to the pandemic,” said Mike Carr, president and CEO of the Battleship Missouri Memorial......»»

Loan Portfolio of $1.28 billion, up 10%Net Charge-Off Rate of 9.1%, down from 13.2%Adjusted Quarterly Net Income of $36.7 million, up 67%Adjusted Quarterly Diluted Earnings per Share of $2.34, u.....»»

Zuckerberg and Chan have been residents of Kauai since.....»»

Two to three years ago, rental cars in Hawaii were going for about $50 a day. Now, some rentals are go.....»»

Federal tax returns are due May 17, but many people still need to pay their first quarter 2021 estimated tax payments .....»»

Hawaii is the state where people are most likely to face an expected loss of employment income, according to the Household Pulse Survey......»»

TOWN SQUARE | The United Planning Organization and the Coalition for Smarter Growth collaborated on the free guide to make it easier for homeowners to add accessory dwelling units to their properties......»»

California on Monday opened applications for a rent relief program that aims to help those most affected by the pandemic. Funds from the program could wipe away rent debt accumulated by low-income tenants through .....»»