45.1-Acre Mixed-Use Entitlement
Kohala Gold Coast, HI
HRC arranged $18 million (80% loan-to-cost) in fixed-rate acquisition and predevelopment financing for 45.1 acres of commercial zoned land. Proposed uses include 200,000 sq ft of retail, a 150-key hotel, 346 residential units, and 40,000 sq ft of self-storage. The debt is non-recourse, carries a term of 24 months, and has no prepayment penalty or fee. . All proposed uses are allowed under the property’s current zoning.