Saturday, August 21, 2010

Colony Capital said to be eyeing Hawaii again

Colony Capital LLC, a Los Angeles-based investment firm whose Hawaii portfolio once included the Hyatt Regency Waikoloa and Orchid at Mauna Lani on the Big Island, is again considering investing in Hawaii real estate.

Tom Barrack, Colony Capital chairman and CEO, was in Hawaii this week to meet with bankers and property managers to review market opportunities, a source said. Barrack was scheduled to be on Kauai and Oahu to discuss potential investments that include hotels, retail and office buildings, and banks, the source said.

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