What We Do

Founded in 2010, BlackSand Capital is a real estate private equity firm distinguished by its integrity, innovation, flexibility, and intimate knowledge of the Hawaii market. It stands out as the only Hawaii-focused real estate private equity fund.

BlackSand Capital’s strong foundation rises from a family legacy that began with The MacNaughton Group and Kobayashi Group, real estate development firms that have been active in Hawaii for over 70 years. The long-standing relationships emerging from decades of professional partnerships refine the firm’s acute understanding of real estate fundamentals, and strengthen its ethical responsibility to the community.

These enduring relationships and the depth of experience allow BlackSand to capture rare opportunities often not presented in the market.