Oahu

BlackSand Capital funds loan for Discovery Bay AOAO acquisition

Kuilei place - a mixed-use commercial and residential building set to break ground later this year in Moiliili - has launched its initial market-rate offering.

BlackSand Capital has funded a loan that will allow the Association of Apartment Owners of Discovery Bay to own 94% of the beneficial interest in the trust that holds the land underlying the property, it was announced last month.