News & Updates

May 05, 2023

Construction Loan Closed for The Park on Ke’eaumoku

Silverstein Capital Partners, best known for the redevelopment of the World Trade Center in New York City, has closed on a $528 million construction loan with Keeaumoku Development Owner LLC — the Developer — for The Park on Ke’eaumoku project.

“We are thrilled to partner with Silverstein Capital Partners to secure financing for The Park on Keeaumoku,” the Developer said in a statement. “This will advance our vision to address Hawaii’s demand for housing and provide homes for Hawaii residents to own. Our plan is to create a vibrant community where individuals and families can work, eat, shop and relax, all within a beautiful park setting.”

“SCP believes that the Honolulu market remains strong for high quality mixed-use projects with great sponsorship,” Michael May, president of Silverstein Capital Partners, said in a statement.

Check out the full article by Pacific Business News here.

To discover more about The Park, contact our Sales Consultants at 808-762-0178 or visit our Showroom at 1440 Kapiolani Blvd., Suite 1020 daily between 10 am – 5:30 pm. Check out The Park on Ke’eaumoku online at staging-thepark.kinsta.cloud.