Scoop: First Hawaiian Bank ex-CEO buys another Hawaii property

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Don Horner, former CEO of First Hawaiian Bank, has purchased his fourth commercial real estate property, this time in Kapolei in West Oahu, Shimogawa Scoops has learned.
Horner, one of the most well-known figures in Hawaii’s banking industry, has been on a real estate buying streak with purchases in Waikiki and the Ala Moana area, including a parcel near the Waikiki Zoo that will be redeveloped into a Denny’s restaurant.
Horner’s latest purchase is a little more than an acre vacant parcel on Kapolei Parkway. He paid about $1.5 million for the B-1-zoned parcel, which came out to $33.56 per square foot.

No building permits have been filed since Horner purchased the lot, and no word on his plans yet for the parcel that’s near the Hoakalei Country Club.

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