Real Estate Investments Trusts (REITs):

Building More Livable Communities.

Hale Mahana Affordable Student Housing for UH Manoa students.

Helping Local Charities

REITs support nonprofit organizations and charitable causes through monetary contributions and employee time.

View Supported Charities

Enhancing Quality of Life

REITs create the places that make life better and more enjoyable for local people, from affordable housing to shopping and entertainment.

About the Wide Range of REIT Projects

Creating Jobs for Locals

REITs not only create jobs during construction projects, but they also provide permanent employment for local residents. In 2016, REITs delivered an estimated 12,000 full-time jobs in Hawaii.

How REITs Generate Employment

Boosting the Economy

REITs boost economic activity and genverate millions of dollars in tax revenue for the state and counties.

REIT Investments Multiply Economic Dividends

REITs in the News

Hawaii Dept. of Taxation issues guidance for new REIT reporting requirement

On Dec. 23, 2021, the Hawaii Dept of Taxation issued Tax Announcement 2021-09 which provides guidance that REITS operating in Hawaii notify the state within fifteen days of operations. 



Kauai Christmas Fund gets $20,000 boost from NAREIT Hawaii

Inspired by the dedication of Zonta Club of Kaua‘i to help families in need during the holidays, Nareit Hawai‘i is donating $20,000 to support its Christmas Fund program.

New Hilo Affordable Senior Housing Awarded $145,000 from Nareit Hawaii Community Giving Initiative

Today, Veterans Day, Hawaii Island elected officials and community leaders welcomed the start of a new affordable rental housing development – Hale Nā Koa ‘O Hanakahi – that is being built in Hilo for seniors with a preference to serve U.S. military veterans and spouses of deceased veterans.

Molokai Families to Realize Long-Awaited Improved Living Conditions with $75,000 Grant

Three Molokai families, each with its own special housing challenges to overcome, will see the quality of their living conditions improve dramatically due to a $75,000 grant awarded today to Molokai Baptist Church.

Nareit Hawaii Awards $40,000 Grant to Support Hawaii Literacy's Reading Comprehension Efforts

Grant Will Provide 150 Families in Kalihi and Waipahu with Tablets and Broadband Access to Improve Literacy Skills

International Market Place to hold vaccination clinics

International Market Place and The Queen’s Health Systems have teamed up to hold a series of free mobile vaccination clinics starting this Friday, May 28th.

REITs’ Support Helps Build New Family Home in Honolulu

A traditional Hawaiian blessing on April 28 marked the start of construction on a new home by the Honolulu Habitat for Humanity using funds donated by REITs in Hawaii to the Nareit Foundation. The new 1,900-sq.-ft., two-story home with six bedrooms and 2.5 bathrooms will house four generations of...

Pacific Business News: Bill creates new requirements — but not taxes — for REITs

The Hawaii Legislature last week passed a bill that creates new requirements for real estate investment trusts to do business in the state, but most of the contents of House Bill 286 are redundant for hotel REITS, according to the top tax official for the owner of the state’s largest resort.

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Wet‘n’Wild’s solar system to power operations

Wet‘n’Wild Hawaii has gone solar. The water park in Kapolei announced Wednesday the launch of its 1.3-megawatt solar system in the form of solar carport arrays in its parking lot, which the park said makes it Hawaii’s first 100% solar-powered attraction.

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Nareit Hawaii Donates $50,000 to Support Statewide Expansion of the Filipino Community Center’s COVID Vaccination Program

The Filipino Community Center, a 501(c)(3) charitable organization, is determined to see more families throughout Hawaii, especially those in the Filipino and Pacific Islander communities, get vaccinated from COVID-19. Nareit Hawaii is supporting that charitable goal with a $50,000 donation to ex...

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Pacific Business News: Pearlridge Center announces 20 new, expanded local businesses

Pearlridge Center announced the introduction or expansion of 20 local businesses on Wednesday as the state’s largest enclosed shopping mall seeks to turn a corner during the pandemic.

Honolulu Star-Advertiser, Letter to the Editor: The Truth About REITs and Taxes in Hawaii

REITs annually pay hundreds of millions in state and county taxes and support thousands of jobs. It’s disappointing false allegations continue to be made despite the availability of facts.

Honolulu Habitat for Humanity Awarded $120,000 Grant To Build Six New Homes

Six new, affordable, single-family homes are being built this year in the Waimanalo and Papakolea communities by Honolulu Habitat for Humanity with the support of a $120,000 grant from the Nareit Hawaii Community Giving Initiative.

The $120,000 grant is a result of donations made by REITs ...

Hale O Hawai‘i Awarded $195,000 Grant from Nareit Hawaii to Build New Home for Family Displaced by 2018 Kilauea Eruption

The purchase of a one-acre lot in Puna and construction of a new, affordable home for a family displaced by the 2018 Kilauea volcano eruption is the heartwarming result of a collaboration between Hale O Hawai‘i and the Nareit Hawaii Community Giving Initiative.

REITs in Hawaii provided the...

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Nareit Hawaii Donates $100,000 to Support Public School Teachers

HONOLULU – Sept. 28, 2020 – Nareit Hawaii has donated $100,000 to fund a program that provides Hawaii public school teachers with information, guidance, and resources to support their opportunities with owning or renting a home while dealing with the impacts of COVID-19.


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Alexander & Baldwin Provides $57,000 in Grants to Maui COVID-19 Relief Programs

The Alexander & Baldwin Kokua Giving program has provided $57,000 in grants to six Maui County nonprofit organizations for COVID-19 related relief programs. A&B recently announced the completion of the first round of giving to Maui nonprofits that support critical needs in the areas of ho...

Nareit Hawaii Donates $20,000 in Face Masks to Operating Engineers, Local 3, to Prevent the Spread of COVID-19

Nareit Hawaii is helping the 3,500 members of Operating Engineers, Local 3, to stay healthy and avoid COVID-19 by donating $20,000 worth of face masks to be used on the job and in the community.

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Alexander & Baldwin Hawai‘i Supports the DOE

Alexander & Baldwin Hawai‘i visited state Department of Education Kaua‘i Complex Area Superintendent Paul Zina Friday to present the DOE with $150 worth of gift cards for each of its 15 public schools.

Pearlridge Center Lends a Helping Hand During COVID-19 Pandemic

From preparing meals for those in need, to providing easier access to fresh produce, to lending a section of the parking lot to the nearby hospital – the Pearlridge Center team in Aiea, Hawaii, has quickly activated several initiatives ov...

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A&B Supports Leeward Coast Community Food Distribution

On March 28th, the Waianae Coast Comprehensive Health Center and Hawaii Foodbank along with many partners and volunteers came together to provide food items to the Leeward Coast community at Alexander & Baldwin’s Waianae Mall.

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REITs in the Community: Response to Coronavirus

REITs are helping their tenants and communities in a variety of ways during the coronavirus crisis and Nareit is highlighting how its member companies across different property segments are responding.

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Nareit Hawaii Donates $50,000 to the Hawaii Resilience Fund

Nareit Hawaii has donated $50,000 to the Hawaii Resilience Fund in support of the Hawaii Homeless Healthcare Hui, a nonprofit that provides comprehensive medical services for Oahu’s chronically homeless population.

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Pu‘uhonua O Wai‘anae Reaches Major Milestone with $150,000 Grant from Nareit Hawaii

Nonprofit group completes purchase of 20-acre land parcel, begins fundraising to build affordable homes for houseless families

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Pu‘uhonua O Wai‘anae Reaches Major Milestone with $150,000 Grant from Nareit Hawaii Community Giving Initiative
Nareit Appoints Gladys Marrone as Executive Director

Nareit, the worldwide representative voice for real estate investment trusts (REITs)and publicly traded real estate companies with an interest in U.S. real estate and capital markets, announced today the appointment of Gladys Marrone as executive director of its new Hawaii office. Marrone began w...

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Nareit Appoints Gladys Marrone as Executive Director of New Hawaii Office
Hawaii REITs Donate $100,000 to Nani ‘O Puna

A much-needed renovation of the Nani ‘O Puna affordable housing community on the island of Hawaii received a boost today with a $100,000 donation from the Nareit Foundation’s REIT Way Hawaii Community Giving Campaign to the Affordable Housing and Economic Development Foundation (AHED).

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Kauai Habitat for Humanity Awarded $120,000 Grant

The Nareit Foundation’s REIT Way Hawaii Community Giving Initiative announced the awarding of a $120,000 grant to the nonprofit Kauai Habitat for Humanity.

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Kauai Habitat for Humanity Awarded $120,000 Grant from Nareit Foundation’s REIT Way Hawaii Community Giving Initiative
Hawaii REITS Donate $100,000 to Nā Hale O Maui

Funds from The REIT Way Hawaii Community Giving Campaign to assist with construction of homes for 12West Maui families in Kahoma Residential Subdivision

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The REIT Way Hawaii Na Hale O Maui Check Presentation
Hawaii REITs Request Federal Delegation to Support Hawaii Businesses

Nareit Hawaii sent a letter to Hawaii’s federal delegation today requesting that they enact legislation of the federal stimulus package to help support the wide range of small businesses and their employees at REIT-owned properties statewide. Attached is the letter, which is undersigned by 19 REI...

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Hawaii REITs Request Federal Delegation to Support Hawaii Businesses
Waianae homeless camp leaders to purchase 20 acres outright

At the Waianae Boat Harbor Park, Puuhonua O Waianae was presented with a $150,000 grant from the Nareit Hawaii Community Giving Initiative of the Nareit Foundation.

Nareit Hawaii Community Giving Initiative of the Nareit Foundation
Grants offered for affordable housing

In connection with its Community Giving Initiative, Nareit Hawaii announced the availability of grants to support affordable housing projects for 2019 and 2020.

Community Giving Initiative
Ala Moana Center celebrates 60 years

Ala Moana Center, celebrates its 60th anniversary this year and is said by current owner Brookfield Properties to be the largest outdoor shopping center in the world.

AMC 60th Anniversary
Maui United Way raises over $890,000

Alexander & Baldwin provided a check for $50,000 for the 2018-19 initiative, showing the support of their affiliated companies.

Maui United Way
A&B’s Kokua Giving Program helps Kauai

Alexander & Baldwin Hawaii and its local subsidiaries volunteered to help complete Kauai Habitat homes after presenting a check for $25,000 brought over from Oahu by A&B CEO Chris Benjamin.

Alexander & Baldwin awards HNC $30,000

Hawaii Nature Center was awarded a $30,000 grant from Alexander & Baldwin for its Iao Valley Education Center and keiki programs on Maui.

A&B and Hawaii Nature Center
REIT converts office tower into housing

Douglas Emmett, a REIT operating in Hawaii, shared plans to convert a 25-story downtown Honolulu office building into approximately 500 new workforce rental apartments.

REIT converts 1132 Bishop Street into affordable rental housing
Hawaii REITs Launch Housing Initiative

The Nareit Hawaii Community Giving Initiative is investing in forward-thinking programs to support affordable housing solutions for Hawaii.

Learn more about the Nareit Hawaii Community Giving Initiative
The REIT Way Hawaii Community Giving Camapaign Check presentation

"I want to express my thanks to these real estate investment trusts for the generous gifts to the community, which will go toward the development of the second phase of Kahauiki Village for homeless families."

Duane Kurisu
CEO and Founder, aio