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The Aloha State
Lending in Hawaii

Capital for real estate operators in Hawaii.

Capital for investors in the Aloha State — Oahu, Maui, and the Big Island.

Capital
Honolulu
Largest City
Honolulu
Population
~1.4M
Region
West
About Hawaii

The market we know.

Hawaii is one of the most distinctive real estate markets in America — supply-constrained, tourism-driven, and unique to each island. Oahu (Honolulu) is the urban anchor; Maui, Kauai, and the Big Island each have their own operator economics.

Matrix funds DSCR rentals and STR loans across the major islands, plus bridge financing on small-balance multifamily.

Top Markets

Where Matrix is most active in Hawaii.

The major metros and submarkets where we structure capital across every operator strategy.

Honolulu (Oahu)

Urban capital — over 70% of state population. Military, tourism, and government employment.

Maui

Lahaina rebuild and STR economy; tourism-driven rental absorption.

Big Island (Hawaii)

Kona and Hilo — most affordable basis in Hawaii with strong appreciation.

Kauai

Garden Isle STR market with limited supply.

Kailua-Kona

Big Island's western coast — diverse STR and rental demand.

Lahaina (Maui)

Rebuilding after the 2023 fire with substantial reconstruction opportunity.

Hilo

Big Island's rainy side hub with UH-Hilo and government.

Kapolei

Oahu's second city — leeward growth corridor.

Iconic Hawaii

The landmarks, the culture, the places that make this state home.

Because lending well anywhere requires knowing the place — not just the comps.

Waikiki Beach

Iconic Oahu beach and tourism engine.

Pearl Harbor

Historic site drawing year-round visitors to Oahu.

Haleakala National Park

Maui's volcanic crater — sunrise tourism.

Volcanoes National Park

Big Island's active volcanoes drawing constant interest.

Diamond Head

Honolulu's defining volcanic landmark.

Na Pali Coast

Kauai's dramatic coastline.

Mauna Kea

World's tallest mountain measured from the seafloor — Big Island anchor.

Road to Hana

Maui's legendary scenic coastal drive.

Iolani Palace

America's only royal palace, in downtown Honolulu.

Why We Lend Here

The Matrix approach in Hawaii.

Hawaii's supply constraints and tourism economy create unique operator opportunities. Matrix understands the Maui rebuild dynamics, the inter-island differences, and the STR regulation landscape.

Have a deal in Hawaii?

Bridge, DSCR, hard money, fix-and-flip, construction — Matrix funds investment property loans across Hawaii on 7–14 day close.

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