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Oahu's Luxury Home Market Continues Upward Trend in July

Oahu's Luxury Home Market Continues Upward Trend in July

HONOLULU – Sales of luxury homes and condominiums on Oahu continued to perform well in July according to Coldwell Banker Pacific Properties (CBP), Hawaii’s leading residential real estate firm and a specialist in high-end real estate sales.

The figures are based on Multiple Listing Service (MLS) data of all single-family homes and condominiums sold for more than $1 million in July 2014 on Oahu.

A total of 67 luxury homes changed hands in July, up from 62 in July 2013. The median sales price for the luxury range was $1,375,000 last month.

“We continue to see strong performances in the number of sales closed for single-family homes in the $1 million to $6 million price range compared to the first seven months of 2013,” said Patti Nakagawa, Previews International Director for Coldwell Banker Pacific Properties.  “In the $6 million and higher price range, there were four closed sales year-to-date compared to seven last year.”

Show Your Aloha Spirit By Purchasing Aloha Festivals Merchandise

Show Your Aloha Spirit By Purchasing Aloha Festivals Merchandise

HONOLULU – The Aloha Festivals proudly presents its 2014 merchandise collection to mark its 68th year celebrating Hawaiian culture and heritage. The 2014 Aloha Festivals merchandise – ribbons, power bands and T-shirts – reflects the Polynesian Voyaging Society’s mission to promote world peace through its sailing canoe Hōkūleʻa in honor of this year’s theme “Maluhia Honua – World Peace With Aloha.”

“We invite the public to join us in celebrating and supporting Hawaii’s premier kamaʻaina festival,” said Helene “Sam” Shenkus, co-chair of the Aloha Festivals board of directors. “The proceeds made from the Aloha Festivals ribbons and power bands allow us to share Hawaii’s history and culture with the community through our free events during the month of September.”

Pan-Pacific Festival Names Christine Kubota Advisory Committee Chair

Pan-Pacific Festival Names Christine Kubota Advisory Committee Chair

HONOLULU – Christine Kubota has been appointed as the new Chair of the Pan-Pacific Festival Advisory Committee. Kubota’s role is to lead the efforts for Pan-Pacific Festival events, be a liaison with community partners and provide strategic fundraising support. She replaces Benjamin Fukumoto, who served as the chairman for the past nine years.

Kubota is an attorney at Damon Key Leong Kupchak Hastert practicing in corporate, commercial and real estate law since 1988. Her practice also includes immigration law, estate planning and employment matters that address the needs of her Japanese clients. Kubota graduated from Chaminade University with a bachelor’s degree in International Relations and Asian Studies and from McGeorge School of Law at the University of the Pacific with a juris doctor degree.

Coldwell Banker Pacific Properties Hosts Free Career Night

Coldwell Banker Pacific Properties Hosts Free Career Night

Coldwell Banker Pacific Properties’ New Agent Training Office (NATO) will host a free Career Night on Tuesday, September 9 from 6:00 to 7:00 p.m. Open to all real estate agents, including newly licensed agents, and those who are curious about a career in real estate.  Attendees will learn how NATO provides newly licensed, and experienced agents looking to accelerate their business, the tools for a successful real estate career.

NATO is CBP’s proprietary and nationally renowned training program. It is a comprehensive, six-week training program where agents receive hands-on real estate experience both inside and outside the office. Each student is paired with a sales manager for one-on-one coaching and support. Since 2004, NATO has graduated more than 400 agents, many of whom are among CBP’s top producing agents today!

Those interested in attending Career Night must RSVP by calling (808) 748-3410.

Atlas Insurance Appoints Bonnie-Lee Pang as Senior VP and Melanie Nordgran as Assistant VP

Atlas Insurance Appoints Bonnie-Lee Pang as Senior VP and Melanie Nordgran as Assistant VP

Atlas Insurance Agency, Inc., Hawaii’s largest insurance agency, has appointed Bonnie-Lee Pang as Senior Vice President and Melanie Nordgran as Assistant Vice President in its Benefits Consulting Division. 

Pang has more than 20 years of Benefit Consulting experience and will continue to manage the company’s Benefits Consulting Division, one of the largest in Hawaii.  She earned a Bachelor of Arts degree in International Relations from the University of Redlands in Redlands, California, a Masters in Business Administration from the University of Phoenix in Honolulu and is a graduate of Punahou School. Her professional affiliations include: Board Member, Punahou Alumni Association (PAA); Member, State Health Planning and Development Agency (SHPDA) - Windward Subarea Committee; Member, Society of Human Resources Managers (SHRM); and Past President, Hawaii Association of Health Underwriters (HAHU).

Conley, Hayashida, Ing, Martinson, and Wo Join UHF Board

Conley, Hayashida, Ing, Martinson, and Wo Join UHF Board

HONOLULU – The University of Hawaii Foundation is honored to welcome Herb Conley, Ken Hayashida, Louise Ing, Eric K. Martinson, and C. Scott Wo to the board of trustees.

Herb Conley moved to Hawaii with his wife Nancy in 1975 after receiving degrees in finance and accounting from Oklahoma State University. He began his business career as a CPA with Deloitte in Honolulu in 1975.  In 1978 he moved from accounting to sales, initially running a small family real estate brokerage firm Conley Dew Ltd. In 1995 Conley co-founded and helped lead Coldwell Banker Pacific Properties to become the leading real estate brokerage firm in Hawaii.  In 2005 he negotiated the sale of the company to Cendant Corporation, a Fortune 500 company. He retired as co-managing director in July 2007.

Avalon Development Co. Puts 17 Industrial Parcels At Kapolei Business Park, Phase 2, On The Market

Site Blessing Launches Long-Awaited “Second City” Industrial Park Development

HONOLULU – Avalon Development Company LLC held a blessing ceremony on Thursday for the long-awaited last phase of the Kapolei Business Park in the heart of Oahu’s “Second City.”

Mayor Kirk Caldwell and other community leaders attended Thursday’s site blessing, said Avalon President and CEO Christine Camp.

“It’s taken many years years but the dream of creating a fully developed industrial park to serve the entire island and spur further growth in Kapolei is a reality by our step towards completing the last phase of Kapolei Business Park,” Camp said. “The vision of Kapolei as a ‘Second City’ on Oahu began in the 1960s. New industries are thriving here and Kapolei Business Park has become a major center of employment. The employees and their families can significantly improve their quality of life by living and working in the same area.”