Bill 7 Development
Three ways to participate.
Oceans develops Bill 7 rental communities in urban Honolulu — land acquisition, permitting, construction and lease-up, all in-house. There are three seats at the table: bring land, bring a project, or bring capital.
Develop a parcel you already own
If you own a parcel in Honolulu between 5,000 and 20,000 sqft, zoned A, AMX or BMX, it may carry an apartment building under Bill 7. We can structure a joint venture with our development team — or, if development is not for you, place the lot with our investors.
Looking for a developer?
Success in a Honolulu apartment project hinges on the team. Oceans has eight Bill 7 buildings delivered, under construction, or in permitting — every one taken from land acquisition through lease-up in-house. If you need a developer who delivers on time and on budget, talk to us.
Accredited investors
Oceans Capital LLC works with accredited investors on Bill 7 development projects. Direct participation starts at $3,000,000; completed, stabilized portfolios are typically $10,000,000 and above. Each arrangement is structured around what the investor actually wants, from majority ownership to a passive position.
Free consultation
Own a land parcel in urban Honolulu?
A free, no-obligation review: what your site could carry under Bill 7, and what the numbers would look like.
