Hawaii Single Market Focus
Welcome to Tower Development, Inc.
“The name of the Lord [is] a strong Tower.” Proverbs 18:10
Tower is a leading Hawaii real estate development brand with expertise in opportunistic strategies. Tower’s brand commitment is to: (i) maximize investment returns by purchasing Hawaii high yielding value-add projects; (ii) deliver an experienced integrated operating platform for high net worth investors, family offices and institutional LPs; and (iii) provide a single Hawaii market focus with a stringent knowledge of the Hawaii market.
Tower’s competitive advantage is its development, construction, and management team experience in Hawaii since 1997. For over 25 years, Tower’s primary investment focus in Hawaii has been to purchase, redevelop and manage opportunistic, value-add and under-performing real estate assets. Today, the firm’s strategic focus is on value-add hospitality and residential/multi-family projects.
Tower’s CEO, Mr. Bushor, founded the company based on the guiding principle to exude “integrity with ‘Aloha’ " in all relationships including insuring unsurpassed loyalty among Tower investors and enhancing all Hawaii public and private relationships. Tower’s President, Mr. Miller, has partnered on all developments with Mr. Bushor for over 22 years, and attributes Tower’s Hawaii success to “immeasurable hard work and unbridled loyalty in Hawaiian business relationships. From prominent locals Wyland, the late Willie K, Kim Taylor Reece and multiple mayoral relationships, Tower prioritizes relationships first, which translates to Hawaiian development success.
Tower’s brand promise to the State of Hawaii is to create “legacy” projects that will benefit Hawaiian communities for generations to come. Tower’s local development principle is to respect the authenticity of Hawaii and its environment.
With Tower as the foundation, the firm’s vertically integrated operating platform consists of in-house expertise in design, construction, development and asset management. This allows our in-house experience to implement result-oriented strategies for each project. Tower is a private investment company comprised of highly qualified real estate operating companies: 1) Tower Development Inc. (development and asset management); Tower Hotels LLC (hotels); 2) Tower Development Residential, LLC (residential); 3) Tower Construction Hawaii, Inc. (construction affiliate); and 4) Tower Commercial, Inc. (advisory services). Collectively, Tower is a culmination of 25 years of value-add success stories and our principals’ 25 year professional relationship in construction and investment.
Tower’s 2022/23 Investment Focus:
Tower specializes in all phases of real estate investment:
Tower Construction is a crucial element of our business and investment expertise. Our in-house construction team is designed to maximize redevelopment cost estimating and our investment returns. We take a hands-on approach to offer the most cost-efficient implementation of redevelopment, improvements and maintenance.
Tower Fund is a private investment company committed to maximizing partner returns. We have invested in multiple industrial, office, residential, hospitality and retail investments throughout the country and continually negotiate to acquire additional properties. Our portfolio includes assets with values from $5MM to $250MM.
Tower Asset Management
Tower Management is a full-service asset and property management company that delivers expertise for hospitality, industrial, office, residential and retail properties. Our mission statement is: “To increase each property’s NOI by adding value and reducing property expense.”