Honolulu’s JL Capital forms real estate brokerage subsidiary

JL Capital, the Honolulu-based investment and private equity firm that is developing the Sky Ala Moana condominium-hotel project, has formed a real estate brokerage firm called Associated Real Estate Advisors LLC, or AREA, that will focus on residential and commercial real estate.

Mark Berkowitz, vice president of sales and development at JL Capital, was named president of the brokerage subsidiary, which will specialize in high-rise development project sales, including Sky Ala Moana and other JL…

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