Honolulu, HI. Oceanwide Resort Paradise HI LLC, a subsidiary of China Oceanwide Holdings Group Co., Ltd., closed a deal to purchase more than 26 acres of oceanfront land on the west coast of Oahu, Hawaii.
The land will be used to build a luxury resort development within the Ko Olina Resort. Upon completion, the development will include both luxury branded hotel rooms and residential condominiums.
Nixon Peabody represented China Oceanwide in this deal. China Oceanwide has expanded its presence in the U.S. over the past two years acquiring and developing real property in a number of cities including New York, Los Angeles, San Francisco and Sonoma, California.
Nixon Peabody partners Paul Schrier, David Cheng, Colette Dafoe and associate Ian O’Banion represented China Oceanwide in the deal. Partner Jin Huang, counsel John Foust, associate Alison Torbitt, legal consultant Kelly Xiang, and paralegal Allyssen Watkins of the Nixon Peabody team also contributed to the successful closing. Nixon Peabody was assisted by the Hawaiian law firm Chun Kerr LLP, which provided local land use expertise.
Nixon Peabody previously closed a separate deal for China Oceanwide to acquire more than 17 acres of oceanfront land on the west coast of Oahu, Hawaii that will also be used to build a luxury resort development.