With the creation of Across the Pacific, LLC. ( the Company), Mr. Kenji Masuda has created a vehicle for Japanese lenders and investors to deal with real estate assets in Hawaii and the United States through a network alliance of brokers, consultants, and attorneys.

Selling Japanese owned property in the U.S. can be difficult given the differences in culture, law and language but with the Company, you can now take advantage of an experienced team of consultants, attorneys and brokers who have not only provided this service in the past but were successful in achieving very high prices for the sellers in a difficult market.

In the past, the principal of the Company, Mr. Masuda, working together with a team consisting of brokers from CB Richard Ellis (Hawaii Office), attorneys, escrow and other consultants were successful in marketing two Honolulu properties. Let me inform you what happened in the past.

The process began by identifying a potential property for sale. Once these properties were identified, the property information was relayed to the brokers who prepared a "Broker's Opinion of Value" which provided the seller(s) the information they needed to determine the viability of putting the property on the market at that time. Once the decision to sell was made, the property was aggressively marketed by the brokers. Once the buyer(s) were identified, Mr. Masuda with its team of advisors managed the transactions to successful closings. It is important to note that the sale prices achieved for these properties (as a percentage of the initial investment) were significantly higher than other Japanese properties sold in Hawaii at the same time.

The first of the two properties in question was a 2.01 acres development site located at 2888 Waialae Avenue (now known as the Public Storage property.) This property was extremely difficult to market because it was priced such that only a dense multi-story building could justify the price but the team of consultants brought together by Mr. Masuda discovered that there was a sewage problem in the area. The team worked very hard to determine what type of user could maximize the density for this two-acre parcel yet not require additional sewer capacity? The answer was Public Storage (a NY listing, Mini-storage company.) who purchased the property and developed a 6-story mini-storage facility. (below left)

The other transaction was 1958 Kalakaua Avenue, a small 18,861square foot, mixed-use (apartment/commercial) property located just outside the heart of Waikiki in an area of high automobile and low pedestrian traffic. The challenge was to find an owner/user who was a destination retailer and who could close the transaction quickly (To meet the Seller's requirements). The brokers contacted all the potential Buyers meeting this profile and Mr. Masuda and the team were able to open escrow with Local Motion within 60 days of receiving the assignment and closed the transaction successfully. (below right)

If you have any questions or would like more information about Mr. Kenji Masuda and his company, please do not hesitate to contact me at (808) 541-5112.