The Hawaii HomeOwnership Center has received a $75,000 grant to be disbursed over a three-year period from the First Hawaiian Bank Foundation.
The funds will help HHOC provide classes and individualized coaching to homebuyers throughout the state to attain sustainable homeownership. It also will support post-purchase services for homeowners.
Hawaii has the fifth-lowest rate of homeownership and ranks last in home affordability in the nation according to the CFED Assets and Opportunity Scorecard. Only 57 percent of all housing units in Hawaii are owner-occupied, compared to the U.S. average of 63 percent.
Servco Australia expands auto dealership group
Servco Australia, a subsidiary of Hawaii-based Servco Pacific Inc., said Wednesday it has completed a deal to purchase two dealerships in Perth, Western Australia, from Bruce Shannahan and Ken Hogan. The transaction brings Servco’s total dealership count in Australia to 17.
The two locations will operate as a single dealership with Rockingham Toyota serving as a branch of Melville Toyota.
Servco Pacific, which has more than $1.5 billion in annual revenue, is the Toyota, Lexus and Subaru distributor for Hawaii, with Toyota, Lexus, Subaru, Chevrolet and Chrysler/Jeep/Dodge automotive dealerships spanning Hawaii and Australia.
ON THE MOVE
Mina Group has hired Scott Suemoto as sales and marketing director and Jordyn Oriole as sales and events manager for StripSteak Waikiki and The Street Food Hall at the International Market Place.
Suemoto’s marketing experience includes Hawaiian Airlines, Aston Hotels & Resorts, Ko Olina Golf Club and Aulani, a Disney Resort & Spa.
Oriole’s sales and events experience includes Morton’s The Steakhouse at Ala Moana Center, BLT Market, Ritz-Carlton Residences Waikiki Beach, BLT Steak and Trump International.
