Keoni Fursse, a Certified Commercial Investment Member (CCIM) and revered real estate professional, has amassed over 35 years of industry experience. His illustrious journey began in 1988 and since then, he has consistently adapted to meet the changing needs of the market. Unquestionably dedicated, Keoni possesses a deep-rooted passion for commercial real estate, exhibiting an exceptional knack for investment analysis and advisory services. Keoni’s vast knowledge and tireless commitment have been instrumental in his role as the CEO and Principal Broker of Kokua Realty, LLC. He continues to stand out as an unmatched real estate authority in Hawaii, reliably assisting clients with acquisitions, dispositions, leasing, and more.
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Keoni Fursse holds the prestigious designation of a Certified Commercial Investment Member (CCIM), specializing in top-tier investment analysis and advisory services.
He serves as the CEO and Principal Broker of Kokua Realty, LLC, demonstrating exceptional leadership abilities and a profound understanding of real estate dynamics.
With a robust professional journey spanning over 35 years, Keoni has established himself as a trusted advisor for a diverse array of clients – investors, developers, owners, and tenants of commercial and investment properties throughout Hawaii.
His skillset is vast and multifaceted, encompassing acquisitions, dispositions, leasing, financial modeling, consulting, and property management.
Keoni’s impressive portfolio includes associations with some of the largest commercial real estate firms in Hawaii and Seattle, further emphasizing his proficiency in the field.
His commendable industry recognition includes numerous accolades, such as Maui’s largest locally-owned commercial property management firm ranking, and being a finalist for the Deal of the Year award in 2008.
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Keoni Furrsse, a reputable Realtor® Broker and a Certified Commercial Investment Member (CCIM), is the CEO & Principal Broker of Kokua Realty, LLC. With his office based in Wailea, Maui, Hawaii, he can be reached via phone, fax or through their official website. He provides comprehensive investment and advisory services to a wide range of clients, including private and institutional owners. His areas of expertise encompass acquisitions, dispositions, leasing, turn-around management, sophisticated financial modeling and consulting, as well as asset and property management.
With over 35 years of professional experience in the field, Keoni began his journey with Monroe & Friedlander, Inc., Hawaii’s leading commercial real estate firm. He later associated with Seattle’s largest commercial real estate firm, Kidder, Mathews & Segner, Inc. In 1999, Keoni co-founded Fursse & Hall Realty, Inc., focusing on Seattle commercial real estate services, and successfully sold it in 2007. Post this, he ventured to establish Kokua Realty Company, LLC, a full-service commercial real estate firm based in Kansas City. By 2012, he returned to Maui and acquired Prudential Iwado Realty, Inc., one of Hawaii’s prominent real estate firms, which he renamed as Kokua Realty, LLC.
Keoni’s significant contributions have won him several accolades and affiliations. From 2013-2023, he was ranked as Maui’s largest locally-owned commercial property management firm by Pacific Business News. He was nominated as a finalist for the Deal of the Year 2008 by the National Association of Industrial and Office Properties (NAIOP). Keoni was also granted the national award for “Top Deals of 2008” by the CCIM Institute.
Keoni’s portfolio boasts of a myriad of impressive assignments and experiences. From managing a 240,000 SF Shopping Center in Independence, MO, to executing a $23.4 million twin 37-story tower development in Seattle, Keoni’s professional footprint spans across diverse sectors and geographical boundaries. These projects demonstrate his extensive knowledge and mastery in the field of real estate.
Keoni’s success stories are varied and numerous. One of them includes managing a large shopping center in Wailea, where Kokua Realty, LLC oversaw all tenant relations and construction-related items. Another significant accomplishment was the $10.5 million sale of a Class “A” apartment community where he coordinated with all attorneys and lenders. The diversity of these examples demonstrates Keoni’s broad skills and ability to manage diverse projects in the real estate field.
Keoni’s range of services isn’t just limited to property management and sales. His professional real estate career also involves representing various local developers, analyzing their portfolios, and implementing strategic plans for individual asset dispositions. One such representation led to the successful sale of a Wal-Mart shadow anchored retail center to a California buyer for $3,760,000, even amidst a comprehensive and intricate due diligence process.
Furthermore, Keoni’s dedication and expertise have been instrumental in helping retiree property owners manage their portfolios and navigate their retirement plans. He facilitated the sale of a 50,092 SF retail center to CVS and an out-of-state developer for a retiring couple, coordinating lease buys and existing tenants along the way. The center was refurbished, and a CVS drug store was relocated to this location. Keoni’s assistance to the sellers went beyond the transaction as he also guided them in a 1031 Exchange to purchase a value-add 50,000 SF retail center.
Keoni also offers a significant amount of experience in facility maintenance. In 2011, he was hired by Phillips Edison & Company to oversee all property maintenance and minor construction of the Marketplace Shopping Center, a 50% vacant, value-add investment opportunity. Keoni’s responsibility included managing HVAC & plumbing systems, roof repairs, concrete construction, and parking lot maintenance, among other things. He also liaised with the corporate office regarding leasing and marketing strategies, provided leasing analysis, and canvassed for new tenants.
When it comes to the commercial real estate industry, Keoni Furrsse’s professional experience and commitment are second to none. His diverse background, extensive knowledge, and unwavering dedication to his clients make him a top-tier choice for commercial and investment real estate needs across Hawaii and beyond.
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