Pacific Office wraps up $79M sale of Hawaii property
Insight Weekly: Loan delinquencies up; US money supply falls; coal employment grows
Insight Weekly: Loan-to-deposit ratio rises; inventory turnovers ebb; miners add female leaders
Debt Ceiling Debate: IR Teams Should Prepare for Potential Market Downturns
Insight Weekly: Sustainable bonds face hurdles; bad loans among landlords; AI investments up
Office real estate investment trust Pacific Office Properties Trust Inc. wrapped up the sale of its Pan Am Building property in Honolulu, Hawaii, to Don Quijote (USA) Co. Ltd. for $78.5 million in cash.
The proceeds from the sale will be used to prepay $78.5 million of the outstanding amount under the corporation's existing loan agreement.
