Ikenakea Development

About Ikenakea Development

Ikenakea Development is a real estate operator headquartered in Honolulu, HI. Ikenakea Development operates in Fresno, California, Honolulu, Hawaii and Sacramento, California. Its investment focus is on Affordable Housing, Hospitality and LIHTC.

Ikenākea Development is a Honolulu, Hawaii-based real estate development company focused primarily on affordable housing, mixed-use projects, and community-oriented developments across the Hawaiian Islands. The company combines the resources and experience of 3 Leaf Holdings and the Hawaiian Community Development Board, leveraging expertise in development, construction, financing, and public-private partnerships. According to the company, it has developed 37 projects, created 2,959 housing units, and maintains a development pipeline exceeding $640 million. The firm specializes in affordable multifamily rental housing, workforce housing, mixed-use affordable developments, low-income housing tax credit (LIHTC) projects, and hotel developments. Its portfolio includes projects serving families, seniors, and special-needs residents, with developments located on Oahu, Maui, and Kauai. The company has also been selected for large-scale affordable housing initiatives, including projects planned to deliver hundreds of additional homes in Kapolei.

Principals at Ikenakea Development