Donald Trump Junior and other high profile Hawaii dignitaries were all present high above Waikiki at the Hano Hano room at the Sheraton Waikiki August 11th. The occasion was to further promote the luxurious 5 star Waikiki hotel and residence and to ensure buyers that the Trump name was not going anywhere. The recent Licensing lawsuit by a handful of buyers claimed that the developer had advertised that Trump was a co-developer when indeed he had only licensed his name to the building. The lawsuit didn't seem to deter most buyers in the building and has fueled the Trump Dynasty to further support the building. I have included a link here to a print interview with Donald trump Jr. as well as a live interview dispelling any myths circulating. This building and location are truly amazing and I am certain owners will be amazed at this project as the renaissance of Waikikis Beach Walk area continues.
Trump Live Interview: http://kgmb9.com/main/content/view/20063/108/
Trump Newspaper Interview:
http://www.starbulletin.com/business/20090811_Trumps_son_says_name_to_stay_on_Waikiki_tower.html
I have multiple Trump Waikiki units for sale so feel free to contact me at any time to discuss.
Aloha,
Daniel C Newbill III
Realty Executives Oahu
For all those concerned about obtaining financing for the Trump Tower Hawaii, word has come from S&P that they should have Financing completely ready for the building within 30-45 days. It looks as though the walk throughs of he completed suites could begin as soon as April for the lower floors. Reportedly Bank of Hawaii will be lending on the Trump Tower Hawaii on a case by case basis depending upon credit history and other variables. There will also be several other local banks providing financing. For a complete list you can contact Daniel C Newbill III at 808-228-8434.
It seems as though the financing will require 25-30% down for US buyers and 50% down for Buyers originating their financing through Japan and other international locations. The fact that financing is slowly becoming available for this condo-tel is actually quite promising. As we move closer and closer to completion the excitement from buyers both locally and internationally continues to grow!!
As always, feel free to contact me to discuss anything regarding the Trump Tower from the Amenities to the floor plans. I have information on view planes, pricing and even restaurants and shops in the area. I have been coming to Waikiki for 44 years and being born and raised on Oahu I have a special affinity for the area. Feel free to contact me at 808-228-8434 or email me at DanoHomesHawaii@Gmail.com
Remember that I can also help you with your Beachfront Purchases in Kailua, Lanikai, Black Point Diamond Head, Kahala, , Niuiki, Aina Haina and Portlock. I also work i n the Waialua, Mokuleia and Sunset areas where you can acquire more acreage for a lower price. With gorgeous beaches abundant on Oahu, all you need is an expert to guide you in the process.
Mahalo,
Daniel C Newbill III
Have you heard about the Trump International Hotel and Residences at Beachwalk in Waikiki? This amazing building will bring 5 star luxury ammenities to a new level in Hawaii. Sold out in just a few hours this building has been highly sought after by investors and class officianados from across the globe.
There are some rumors circulating arond town and I just want to be the first to address a few of them: Keep in mind hat hese aremy opinions based on rigorous research and phone calls to local experts in the field.
1) There is a lack of Financing for the building. This is absolutely not true. There has been recent difficulty with lending in general and suffice it to say that lending on a condotel has been difficult to find recently but I have been assured by valid sources that lending will be in place for both mainland and Overseas Buyers by the time it is needed. Sources of the lending have not been validated but rumors continue to circulate that some local heavy hitters are coming up to bat. Once I have verified who they are I will pass this along to you. If you would like to call me at 808-228-8434 I can tell you who the rumored institutions are at the moment.
2) The building will have trouble appraising. In my estimation after speaking with several well known local appraisers this is also not true. The bottom line is that we can never be sure with appraisers but with developer holdbacks selling at quite a premium when compared to the initial sales date we have built in comps in the building. If you would like to know more about what developer holdback units have sold for please call me at 808-228-8434. Remember that the same people that say that the building won't appraise are the same people who said that Mr. Trumps project would never be built, never be sold, never be sold out, never be sold at he original prices and never be sold at the increased prices after the selection event. These same people were wrong on every account
3) The comparables for the building can not only be within the building itself. This is partially true. Local appraisers like to see buildings outside of the new project support the value. In my opinion the best comparable will be Hokua at Ala Moana. The building has outstanding ammenities and large floor plans with amazing unobstructed views of the ocean from most if not all units but the Trump Tower should have a level of service when completed that goes above and beyond. With closed sales at Hokua in January 2009 of a 3 bedroom unit for $3,675,000 and a 2 bedroom unit for $2,200,000 it seems that little else needs to be said.
These are just a few of the recent rumors that I have heard around town that need to be dispelled. Please feel free to comment on this blog with your thoughts.
As the Trump Inernational Hotel and Residences get nearer to their August-September completion the project located near the Billion Dollar Beachwalk renovation gains more and more popularity. Anyone that has visted this Waikiki landmark knows that with bars and restraunts like the Yardhouse, Roys, Senor Frogs and soon to be built Hardrock Cafe and late night and early morning eatery Eggs And Things.....this is the prime Waikiki location. Steps from Fort Derussy and the Army Historical Museum as well as one of the most insanely beautiful beaches on the planet. Surfing, sailing, Kayaking dinner cruises, luaus, nightclubs...they are all just moments away from this 5 star Luxury Residence. Email me for product availability and ammenities. I specialize in luxury condominiums and beachfront estates and now have 10 Units for Sale in this previously sold out luxury 5 star condominium. Call me at 808-228-8434 or email me at danohomeshawaii@gmail.com
Thats Right! Brian Clay is a local boy. On the podium this evening for the Olympic gold medal in the decatlon, Brian Clay was described as being from California but in fact Clay was a gradusate of our own Castle High School in Kaneohe. Not only did he win the gold medal, he also set a record in the discus. The conditions were tough but he was so far ahead that for the final event he only needed to finish the race. Lets hope our great state gets credit for this phenomenal athlete. You know how proud Hawaiians are.
Dan Specializes in Luxury condominiums and Kailua/ Lanikai Real Estate.
Born and raised on the island of Oahu, Dan was educated at Punahou High School (President Obamas high school) where he graduated in 1983. He then continued his education receiving undergraduated degrees from both Colorado State University and Hawaii Pacific University where he graduated Cum Laude. After Pursuing a year in graduate study in Anesthesia he realized that Medicine was not everything he wanted out of life and made a drastic and fulfilling career move.
Joining Coldwell Banker Pacific Properties in 2000 he set a goal of becoming the rookie of the year and went on to achieve this goal as well as many other awards. Dan was designated a Previews Luxury Property Team Member and Specialist at Coldwell Banker and then went on to become Real Estate Sales Director at Optimum Realty where he obtained the wholy Grail of Real Estate designations by becoming a Certified Luxury Home Marketing Specialist and received the coveted Million Dollar Guild designation. He is also a member of the Honolulu CCIM chapter and FIABCI the International Real Estate Federation. He is currently working on his first large scale international deal in Fiji where he is co-brokering a fee simple 110 acre beach front resort deal.
He is a member of the Punahou Alumni Fundraising Team, The Elks club chapter 616, Former Kaneohe Neighborhood Board Member, Volunteer at the Hawaii Humane Society, member of the Hawaii Harlequins Rugby club, member of Team Jet Triathlon Training Team and member of the Waikiki Beach Boys Outrigger Canoe Club. He enjoys Surfing and also International Travel when he is not serving his clients in Paradise.
Dan focuses his expertise on Luxury condominiums in Honolulu such as the Watermark, Koolani, Hokua, The Windsor, Waikiki Shore, and the soon to be Trump Tower in Waikiki where he still knows how to get a unit if you act fast!
He also is an expert on the Kailua and Lanikai communities as well as Kahala and Diamond Head.....knowing key elements that determine value such as which homes occupy sandy beach, which have swimmable ocean frontage and which have lava coastline. There is a certain triangle to be in to maximize your potental purchase and only a Realtor that grew up in Lanikai and spent much of his youth in Kahala such as Dan can share that information with you.
Daniel "Dan" Newbill, III is our realtor. He is also our friend. He helped us navigate the tricky waters of buying our first home. We appreciated Dan's many talents, as we faced issues we had never dealt with.
What we appreciated most are the following:
· His willingness to help us, even when looking at properties that he would receive no commission from the sale.
· His due diligence, which saved us from purchasing a house with many structural and legal problems.
· His tenacity in getting to the bottom of the issue, when we asked a question. He would always look up the answer or ask an expert in the field (contractor, electrician, plumber, etc.), if he didn't know the answer.
· His flexibility, he would come to our house at any hour we needed him, in order for us to sign the required documents. This helped us a lot with caring for our 1-year-old son.
· His flexibility, he would come to our house at any hour we needed him, in order for us to sign the required documents. This helped us a lot with caring for our 1-year-old son.
· His drive, he would set up appointments for us as soon as we told him we were interested in seeing a property.
· His availability, he would always answer his phone, or return our messages quickly.
· His patience, as we discovered our likes and dislikes, and changed our search parameters yet one more time.
In the end, after much searching, he helped us find our house, and that fact is testimony enough. We like Dan.
Aloha,
The Jacobs Family
Dan,
Thanks for the great work you did in helping me sell my house and buy a new
one in a 1031 exchange. I'm very pleased with the results. I appreciated
the hard work you put into marketing my house in Kailua, coordinating the
repairs and scheduling showings with my tenants. I was pleasantly
surprised with the price I got for the house, which was substantially more
than I had anticipated. I believe that your sense of the market and
appreciation for the unique nature of the property contributed greatly to
the good price I got.
I was equally pleased with my replacement property. You had a very good
sense for the type of place I wanted, in addition to some very specific
criteria that needed to be met for the 1031 exchange. Because of this, I
was able to move quickly when the ideal replacement property came on the
market.
Thanks again, and I look forward to working with you again in a few months
when I plan on selling my condominium.
Aloha,
Erik
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