REPRESENTATIVE REAL ESTATE TRANSACTIONS

• Formulated and implemented the solutions to subdivision, condominium, leasing and other real estate issues to enable the sale and partial leaseback of physicians’ office buildings comprising parts of two separate medical center complexes. The physical attributes of each medical center complex required very different solutions to the real estate law issues to achieve an ownership structure that would be acceptable to mainland investors not familiar with Hawaii real estate practice and law.
• Represented the landowner in the negotiation and drafting of a long-term development agreement for approximately 3,600 acres of vacant land in central Oahu. In addition to real estate, land use, water and commercial leasing issues, the transaction addressed unique financing issues, including the use of the community facilities district financing pursuant to a county ordinance that, at the time, had not yet been utilized.
• Drafted complex documentation to implement the sale and lease of federal lands to a developer/contractor in exchange for in-kind consideration comprised of the future construction of more than $80 million of infrastructure and other improvements needed for military installations and housing, in a project intended to serve as a prototype for similar military needs throughout the country.
• Served as local counsel to address complicated parking, development and view plane reservations, as well as other real estate, land use and permitting issues in connection with the sale of a $165 million shopping center.
• Performed land use, development and real estate due diligence reviews for clients intending to purchase a variety of different projects including 3,000 acres of raw land on the Island of Hawaii, hotels located on the Islands of Hawaii and Maui, shopping centers and office buildings.
• Prepared documentation to convert a multiple warehouse project held as REO to a commercial condominium project to enable the lender to dispose of the REO in a manner that would achieve the highest return.
• Prepared documentation for residential and commercial condominium projects and registered the projects with the Hawaii Real Estate Commission, including under the new Hawaii condominium statute that took effect in July 2006, and also registered the projects with the Department of Housing and Urban Development.
• Represent the State’s largest landowner in the negotiation and drafting of numerous commercial, retail, office and agricultural leases.