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Commercial property sales forecast to drop

  • ASSOCIATED PRESS

    The Westin Maui in Kaanapali was sold for $317 million to U.S. investment firms Trinity Investments LLC and Oaktree Capital earlier this year.

A real estate firm is predicting that investors could spend around $1 billion less acquiring commercial property in Hawaii this year, which if accurate would be a third consecutive year of decline. Read more

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