CPB launches HomeLoans unit
Advertiser staff
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Central Pacific Bank yesterday launched a new mortgage subsidiary called Central Pacific HomeLoans Inc.
The new company is the result of CPB's acquisition of Hawaii HomeLoans Inc., which was completed on Aug. 17. The combination makes Central Pacific HomeLoans one of the largest mortgage loan providers in Hawai'i, with $697 million in residential home mortgages for the first eight months of this year.
All employees of Hawaii HomeLoans Inc. and Central Pacific Bank's mortgage division were retained with the new subsidiary.
OFFICE RENAMED CORE GROUP ONE
Emi Oishi Anamizu has led a management buyout of advertising firm Ogilvy & Mather's Honolulu office from London-based communications company WPP Group for an undisclosed price.
The firm, with 12 employees and major clients including Hawaiian Electric Co. and Victoria Ward Centers, has been renamed Core Group One Inc.
Anamizu, who was managing director and chief executive of the company for five years, will continue as CEO. Strategic director Jim Horiuchi will maintain his title and also serve as president. Account service, media and creative staffs are expected to remain the same.
HAWAIIAN TOPS ON-TIME LIST
Hawaiian Airlines led the industry in July for on-time service and baggage handling, according to the U.S. Department of Transportation.
The airline also had the fewest cancellations among the 20 carriers surveyed by the DOT.
AQUA PALMS HAS OFFICIAL OPENING
The Aqua Palms officially opened yesterday, almost a year after Aqua Hotels & Resorts took over management of the property.
The 260-unit condotel on Ala Moana Boulevard underwent a $15 million renovation and had a soft opening last month. Studios and one-bedroom suites include either a microwave and refrigerator or a full kitchen.
