Assignment
Trimont serves as the bondholder representative on $1.4 billion of taxable bonds issued for the construction and renovation of the communities at the bases.
Asset
With the breathtakingly beautiful environment of Hawaii as its backdrop, the 1,325-acre Ohana Military Housing Complex contains 6,568 housing units primarily located on the island of Oahu. Over the course of a ten year development period, new homes were constructed, renovations were completed, and green spaces were expanded and enhanced throughout the complex including playgrounds, parks, picnic pavilions, pet runs, and several multi-functional community centers. Additionally, several homes in historic locations such as Ford Island in Pearl Harbor and Kaneohoe Bay were renovated as part of the development.
Insights
- The community features several historic homes in the Nob Hill neighborhood of Ford Island, a tiny landmass in the middle of Pearl Harbor, where several Army and Navy families huddled together and witnessed the trail of destruction left by Japanese fighters that attacked Battleship Row.
- As of May 2013, the communities are undergoing the first phase of a massive solar panel project which will equip 6,500 military residences with solar electricity.