Honolulu · Investment Brokerage & Development
Hawaii real estate, managed as an investment.
From oceanfront estates to Bill 7 development projects, Oceans Real Estate guides investors from acquisition through entitlement to long-term income — in English and Japanese.
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Principal Broker · RB-22133 · Honolulu, Hawaii
What We Do
Three disciplines. One standard.
01
Investment Sales & Acquisitions
Multi-family, condo, and land acquisitions underwritten like the investments they are — cap rates, tax strategy, and exit planning before the offer is written.
02
Development — Bill 7
We don’t just advise on Honolulu’s Bill 7 incentive — we build under it. Four completed rental communities and four more underway — 320 homes across urban Honolulu — prove the model end to end.
03
Luxury Homes & Vacation Property
Oceanfront residences and vacation homes, with in-house management and hospitality-grade care for owners living across the Pacific.
Selling?
What’s your Honolulu property worth?
A broker’s valuation grounded in investment fundamentals — not an algorithm’s guess. Tell us about your property and we’ll come back with a real number and a strategy. No obligation.
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30+
Years Investing
6
Bill 7 Projects Developed
320
Rental Homes Built or Underway
EN·JA
Bilingual Practice
What’s Next
The goal: 1,000 rental homes by 2030.
Building on eight projects and 320 homes built or underway, our development pipeline targets 1,000 units under way by 2028 — and up to 20 apartment buildings completed by 2030. For our investment partners, that means a continuous flow of opportunities, not one-off deals.
Featured Opportunities
Current portfolio
Portfolio Acquisition
Acquire a stabilized Bill 7 portfolio, whole.
Beyond individual listings, qualified investors can acquire completed Bill 7 rental communities — brand-new construction, fully leased and stabilized, with cap rates around 4% as a guide (varies by asset and timing). These are typically portfolio transactions above $10 million, and availability is intermittent: tell us your criteria and you’ll hear first.
Owners Abroad
Asset management for owners across the Pacific.
Long-term rental management with hospitality-grade, in-house care — our Omotenashi operation looks after your property the way a fine hotel looks after its guests.
Owners receive clear monthly reporting and fully bilingual communication, whether you are in Honolulu or Tokyo.
Leadership
Broker. Developer. Author.
Evan Amakata (Principal Broker, RB-22133) has invested in real estate since 1998, following a sixteen-year technology career at IBM that included six Olympic Games. He has written two books on building a life in Hawaii through property investment — and builds what he advises, with four completed Bill 7 rental communities and 166 homes delivered in urban Honolulu.
Together with Shiori Amakata and an in-house management team, Oceans serves investors on both sides of the Pacific in English and Japanese.
Evan Amakata — Principal Broker
Insights
Market intelligence.
May 2026
Makiki Banyan: 90 new affordable homes open in Honolulu
Makiki Banyan at 1568 Pensacola Street brings 90 new affordable rentals to urban Honolulu — built in 13 months under Bill 7.
January 2025
Understanding Honolulu Bill 7: a guide to affordable housing development
What the incentive actually delivers — tax exemptions, timelines, and how developers and landowners can qualify.
November 2023
Ribbon cutting at 1427 Ernest St. — our first Bill 7 delivery
How Oceans navigated Bill 7 to complete this 26-unit affordable apartment building in just ten months.
Begin the Conversation
Discuss your Hawaii investment strategy.
A private consultation with our principal broker — in English or Japanese, in person or across time zones.
