August 19, 2008

Hawaiian Island Homes LTD
931 University Av Suite 105
Honolulu, HI 96826
Office: 808-955-6672
Fax: 808-946-3225
Email: danac@hihltd.com

About Hawaiian Island Homes LTD.

Our Services

The Savio Group of Companies is a full service real estate group. Hawaiian Island Homes, Ltd. has a General Brokerage Division, ***Projects Division***, Lease to Fee Conversion Division, and Rental Management Division.

The General Brokerage Division
has an office in Honolulu and offices in Kapa’a on Kauai and in Hilo on the big island of Hawaii. The three offices combined have more than 55 sales agents who are responsible for general real estate brokerage and project sales. The General Brokerage Division transacts more than $340,000,000 of real estate sales annually. Clients of the General Brokerage Division span the gamut from the first-time home buyer to the luxury vacation real estate investor.

The Lease to Fee Division
has assisted lessors and lessees with the sale and purchase of fee interests since 1985. The Lease to Fee Division was the real estate representative for the Kamehameha Schools/Bishop Estate for the sale of its fee interest. In addition, we were also appointed sales agents for numerous organizations and individuals, including the following to assist them with their lease to fee conversions.

  • Catholic Church of Hawaii
  • First Hawaiian Trust
  • Kurisu & Fergus
  • Saint Francis Foundation
  • Teruya Brothers
  • The Gentry Company
  • MacNaughton and Gushman
  • Kamehameha Investment Corporation
  • American Savings Bank
  • Harold Kometani

To date, we have converted over 24,000 units from leasehold to fee simple ownership in over 200 buildings. The Savio Group is the largest active lease-to-fee converter in the State of Hawaii.

The Rental Management Division
consists of 15 individuals who are rental agents, property managers, accountants and administrative support staff. Included in the Rental Division is a sub-department that is a central clearinghouse for repair requests. The Rental Management Division manages over 1,000 rental units, dormitory rooms, plantation camp and office/retail buildings. The Rental Management Division is expanding into the management of private student dormitory services for the University of Hawaii, Hawaii Pacific University and Chaminade College.

An affiliate company, Hawaiian Island Development Co., Inc. provides real estate development services. Hawaiian Island Development Co., Inc. has converted over 40 buildings to condominium projects. In addition, Hawaiian Island Development Co., Inc. is involved with construction of warehouse and self storage space in Phoenix, Arizona and single family homes in Hawaii.