Kynan Pang, CCIM - Hawaii Multifamily Advisor

08/24/2026

Should you hold, refinance, or sell?

Every multifamily owner faces this question eventually. The costliest mistake isn't picking wrong, it's waiting for the market to hand you a "perfect" answer before you decide anything.

In my latest blog post, I break the decision down to four variables that actually matter: property performance, debt structure, market positioning, and your own objectives as an owner. Where those four line up today tells you which strategy: hold, refinance, or sell, is actually the smart one for your property, not just the default one.

Markets rarely provide certainty. What they reward is preparation.

https://buff.ly/IP6UpP5

A strategic framework to help multifamily owners decide whether to hold, refinance, or sell based on NOI performance, debt structure, market conditions, and personal goals.

08/10/2026

🚨 Just Listed | 1559 Magazine St. | 5-Unit Multifamily | Punchbowl, Honolulu

Well-maintained multifamily assets in Punchbowl don't come to market often. This one is worth your attention.

Excel Commercial Realty is pleased to present 1559 Magazine Street: A 5-unit multifamily property in one of Honolulu's most centrally located residential neighborhoods, offered at $2,680,000.

What makes this asset stand out:
• Strong in-place NOI of $110,243, based on actuals, not pro-forma projections
• 4.11% current cap rate on actual income
• Diverse unit mix: Studio / 1BD / 2BD / 3BD / 4BD. Broad tenant appeal across income levels
• 5 covered garage parking stalls: A genuine premium in this submarket
• Flood Zone X: No mandatory flood insurance requirement
• Turn-Key asset renovated in 2016

Punchbowl sits minutes from Downtown Honolulu, Queen's Medical Center, UH Mānoa, Ala Moana, and Punahou School. Tenant demand here is durable, employment, healthcare, and education anchors surround the neighborhood on every side.

This is a stabilized, income-producing asset that operates efficiently and positions a buyer well regardless of where the market goes next.

📩 DM me or reach out directly for the OM.

MLS # 202615380

07/27/2026

We've spent the last several weeks walking you through our process step by step.
Here's the full picture:

How We Do It: Client Focused Multifamily Advisory
✅ Engagement: We listen first. Every time.
✅ Alignment: We make sure we're the right fit before moving forward.
✅ Road Map: Your goals + market insights = a clear plan.
✅ Marketing: Maximum exposure. Competitive offers. Maximum value.
✅ Contract: Protecting your interests through every negotiation.
✅ Results: Closing is just the beginning of the relationship.

Every property is different. Every client deserves a tailored approach.

If you're a multifamily owner in Hawaii thinking about what's next, it's worth a quick conversation.

📩 DM me or visit hawaiimultifamilyadvisor.com

07/22/2026

🚨 New Blog Post🚨

How Rising Operating Expenses Impact Multifamily NOI & Property Value

Most multifamily owners assume value drops when rents fall. In 2026, it's often the opposite: value is quietly eroding while rents hold steady, because expenses are climbing faster than income.

Insurance premiums up double digits. Utilities creeping higher. Payroll and maintenance costs that don't come back down. None of it makes headlines on its own, but together it compresses NOI, and buyers are underwriting that risk more aggressively than in past cycles.

We broke down what's driving it, how buyers are pricing expense risk into deals right now, and the practical levers owners have to protect margin (vendor reviews, utility audits, insurance benchmarking, and more).

Full breakdown here: https://buff.ly/mFOabJQ

If your expense ratio has been creeping up, it's worth digging deeper into why. DM us and we'll conduct an Expense Optimization Review of your property.

Understand how rising operating expenses affect multifamily NOI, valuations, and buyer underwriting, and what apartment owners can do to protect value.

07/22/2026

June 2026 - Hawaii Multifamily Market Update Snapshot

*April 2026 Market Data
*Current Inventory Snapshot
*Owner’s Corner - How to Reposition Below-Market Rates
*Multifamily in the News

07/20/2026

Closing day isn't the finish line. It's the next starting point.

We make sure you reach the outcome you set out for and when you're ready for your next strategic move, we're already thinking ahead with you.

This is what a long-term advisory relationship looks like.

Step 6: Results. The goal we've been working toward from day one.
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07/13/2026

Getting to contract is one thing. Getting through it is another.

We manage negotiations, evaluate every offer, and walk you through due diligence, with your interests protected at every turn.

No surprises. No guesswork. Just steady guidance when the stakes are highest.

Step 5: Contract. Where deals are made or lost, and we're in your corner.
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07/06/2026

Exposure without strategy is just noise.

We launch your property with a blend of proven brokerage methods and modern marketing designed to reach the right buyers, generate competitive offers, and protect your value.

Maximum exposure. Competitive offers. Maximum value.

Step 4: Marketing. Where your property meets the market.
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07/04/2026

As we celebrate our nation's independence, we're reminded of the importance of community, hard work, and the freedoms that allow us to pursue our goals and build a better future.

Wishing everyone a safe and memorable Fourth of July.🎆

Happy Independence Day from Excel Commercial Realty. 🗽

06/29/2026

No two properties are identical. No two sellers are either.

That's why we don't hand you a generic plan.

We combine your specific goals with current market data to build a clear, actionable path forward, before we ever go to market.

Step 3: Road Map. Where your vision meets market strategy.
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