Plan to ban 7,000 Maui short-term rentals targets resort condos (HI)

A luxury apartment-hotel, a $4 million beach house and condominiums at a resort golf course don’t typically constitute workforce housing in Hawaii, but they are targets of a plan on Maui aimed at converting short-term vacation rental properties to long-term housing for residents.   Read the article…………………………….

Insurance Crisis Worsens in Hawai‘i’s “Condoland”

It’s been a bad year for Hawai‘i Condominium Associations, with many seeing the price of their master insurance policies increasing 300% or more in one year. A few buildings saw those premiums increase by an extraordinary 900% to 1,300%.  It’s unlikely to get better any time soon.    Read the article…………………………….

A ‘Hard Market’ Is Battering Condo Owners (HI)

When the Peninsula at Hawaii Kai condo community got news of its insurance bill for 2024, the condo owners were in for an unpleasant surprise. The association’s premium was going up almost tenfold, to $3.3 million from less than $400,000, said Kris Hanselman, an owner in the community.   Read the article…………………………….

Condos In Hawaii: 3 Key Issues To Know

Some 400,000 of us here in the islands live in condos, governed by quasi-governmental agencies.  Sometimes residents can face legal fees in the thousands over fairly minor disputes, as Stewart Yerton has reported. And for some, insurance costs have skyrocketed lately.    Watch the video………………………….

An aid to condo owners, easing maintenance and energy costs (HI)

Governor Green has signed several bills into law aimed at alleviating challenges faced by condominium owners.  The new legislation opens avenues for condo associations to secure financing for various building improvements, spanning from plumbing upgrades to the installation of fire sprinklers.     Read the article…………………………….

Condos In Hawaii: Are Owners Protected By State Laws?

We explored the often polarizing issues surrounding condominium association governance and management, and the impacts they have on owners at our Civil Cafe: Condo Issues panel discussion on Friday, May 24, 2024.  Panelists included condo resident and advocate Lila Mower, broker Richard Emery, and attorneys Jane Sugimura and Terry Revere. The event was moderated by […]

‘It will get better,’ Insurance, fees for Hawaii condo owners continue to rise

Skyrocketing insurance costs are hitting Hawaii owners hard, especially those with condominiums.  The rising costs worsened in the wake of natural disasters nationwide including the Lahaina fires.  Some residents are finding home insurance costs to be more than double what they used to be. In addition, those who are living in community associations face increases […]

Hawai?i Residents Fighting Wildfires Before They Happen

Seven years ago, Erin Peyton made her home on this small island known for its Hawaiian culture, its broad sandy beaches, and high cliffs.  Despite Moloka?i’s natural beauty and rural charm, Peyton understood that the dry grasses and wild foliage surrounding her townhome complex could also fuel destructive wildfires.   Read the article…………………………….

Some Hawaii residents pursue member-owned insurance cooperative

After most of the recently proposed legislative solutions have failed, Puna residents are hoping they can solve their district’s impending housing insurance crisis.  When the last major home insurer announced last year that it would be leaving the Hawaii market by August of this year, homeowners in Lava Zones 1 and 2 discovered that their […]

Marconi Point condo verdict deferred on $3.1M in potential fines (HI)

The state Board of Land and Natural Resources on Friday was poised to make a landmark decision on fines for alleged violations on conservation lands on Oahu’s North Shore.  Violations included the unauthorized decimation of two acres of critical habitat for Hawaii’s endangered yellow-faced bees, plus the unpermitted construction of an iron fence contributing to […]

Rising insurance costs push aspiring condo buyers into a tough spot (HI)

Housing affordability is getting squeezed by a new pressure — the cost of insurance.  At a recent residential real estate roundtable held by Pacific Business News, industry leaders expressed concerns that soaring insurance costs are pushing home ownership further out of reach for many.  The condo market is getting hit especially hard.   Read the article…………………………….

Hawaii’s Insurance Crisis as Premiums Nearly Quadruple

Sue Savio, president and owner of Insurance Associates and former president of the Hawaii Independent Insurance Agents Association, told Insurance Business America that insurance costs for condominiums have risen by 100 percent to 1,000 percent in certain areas.  Cj Paet, vice president of operations for Cadmus Properties, told local news website KITV 4 Island News […]

Bill advances to give condo owners a new way to buy into rooftop solar (HI)

Condo owners may have a new pathway to access benefits from rooftop solar.  The Hawai?i Senate is considering a bill to create a Solar Hui Program, allowing multi-family property owners to pay into a collective investment fund that would go towards energy projects and loans.   Read the article…………………………….

Judge orders luxury Kaua?i vacation condo project to pause construction (HI)

Construction on a luxury vacation condominium project on Kaua?i’s south shore is now on hold.  Last week, a judge ordered a 10-day work stoppage for the Kauanoe O K?loa project, a 279-unit development that has received backlash from members of the Native Hawaiian community.    Read the article…………………………….

House Speaker Saiki warns looming condo insurance crisis could snowball (HI)

Condo owners are facing soaring insurance premiums as companies across the country cancel coverage due to growing risks from climate change. That was the topic of a recent town hall meeting on O?ahu hosted by state lawmakers whose districts largely comprise condo dwellers.   Read the article…………………………….

Catastrophes are driving up condo insurance rates in Hawaii and nationwide

A ripple effect across the country is showing up in the condo fees for nearly 200,000 Hawaii residents, and experts say catastrophes are driving up their insurance rates.  Rising insurance premiums have a direct impact on the fees paid by owners to condo associations.  So far, there’s no easy solution.   Read the article…………………………….

Regulation driving high cost of new condos in Hawai?i, according to UHERO report

Regulatory costs account for more than half (58%) of the price of a new condo in Hawai?i and are the major contributing factor to the highest housing costs in the country, according to a new report by the University of Hawai?i Economic Research Organization (UHERO) released on March 4.   Read the article…………………………….

Condo insurance woes strike Hawaii

As Hawaii’s Governor wages war on Maui short term rental unit investors, there’s an insurance sting in the tail for condo owners and would-be buyers across the state as it wrestles with property insurance challenges.  Insurance costs for condo complexes have skyrocketed by anything from 100% to 1,000% since the devastating August wildfires,    Read the […]

Amend Hawaii Condominium Laws On Proxy Board Voting (Op/Ed)

In the current legislative session, House Bill 2067 was amended and proposes to “Remove [s] from the standard condominium proxy form the option of giving a proxy vote to the board of directors of a condominium association as a whole or to directors present at the meeting. Requires a disclosure statement on the standard condominium […]

Proposed condo acquisition on Kauai stirs controversy (HI)

The Department of Hawaiian Home Lands (DHHL) is considering purchasing the Courtyards at Waipouli for what would be the first-ever condo purchase on Kauai to help alleviate a nearly 30,000 beneficiary waitlist. Read the article…………………………….

HUD Charges Hawaii Condominium Association, Management Company, Condominium Unit Owners, and Real Estate Agent with Disability Discrimination

The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging individuals and entities associated with a Kailua-Kona, Hawaii, condominium complex, including the condominium association, employees of the condominium association, the property management company, an employee of the property management company, the condominium unit’s owners, and the owners’ real estate broker […]

Condo Tower Fire Is Reminder Of Lack Of Sprinklers In Older Buildings (HI)

There were no sprinklers when a fire broke out Thursday, shooting flames and black smoke from the 14th floor of a condo tower in Ala Moana, but the residents knew what to do.  Recently installed fire alarms and a public address system called on them to evacuate, and so they did.    Read the article………………………….

From maintenance fee increases to fire sprinklers, what’s new with condos (HI)

Attorney and President of the Council of Association of Apartment Owners Jane Sugimura joins producer/host Coralie Chun Matayoshi to discuss rights and responsibilities of condominium owners, proxy voting, legal fees charged to owners, maintenance costs and special assessments, and compliance with the City & County of Honolulu’s fire safety ordinance.   Read the Q&A……………………………….

(Hawaii) Real Estate Commission to Conduct Free, Virtual, “Condomania” Education Event

The Real Estate Commission, together with Community Associations Institute Hawai?i Chapter will conduct a free “Condorama XI” event via webinar, on Saturday, November 18, 2023. The event runs from 9:00 a.m. to 11:00 a.m. and will feature four speakers recognized in the condominium community for their expertise in Hawai?i condominium law.   Read the announcement……………………………..

Homeowners’ association sues to stop tiny home builder in Lahaina (HI)

Alfy Basurto already lost his businesses — and home — in the Lahaina fires.  And now he’s facing a lawsuit “at a time when all of us need to contribute to the solution,” trying to stop him from building more than a dozen tiny homes in a gated community above Lahaina.   Read the article………………………………

Lahaina condos could trigger broader insurance woes (HI)

At least one condo project burned to the ground in the Lahaina fire. There are likely others damaged or destroyed, but although I’ve seen references to condos, I haven’t found a list identifying those with significant damage.  Rebuilding of condominiums is a trickier affair than rebuilding a single family residence.   Read the article………………………..

Councilman postpones measure allowing county to maintain eligible private roads (HI)

At a Tuesday meeting of the council’s Policy Committee on Health, Safety and Well-being, Puna Councilman Matt Kaneali‘i-Kleinfelder proposed a measure that would allow the county to perform maintenance on certain qualifying “private, nondedicated and nonsurrendered roads” in order to ensure continued access to parts of the island in the event of an emergency.   Read […]

Condos aren’t unique in limiting powers of individual board members (HI)

Civil Beat’s continuing coverage of condominium governance issues is important, but I’m afraid the latest story gives far too much credence to a conspiratorial view of property management companies and condo boards (“Oahu Condo Board Members Feel ‘Muzzled’ By Management Companies“).   Read the article………………………..