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 www.theparkonkeeaumoku.com.