Greystar Delivers First Student Housing Development in Hawai‘i at the University of Hawai‘i at Mānoa
Honolulu, HI – September 2, 2025 – Greystar, a global leader in investment management, development, and property management, today announced the opening of a new student housing community at the University of Hawai‘i at Mānoa (UHM), marking its first ground-up development in the state.
The development brings 316 units and 558 beds of modern student housing across two towers, standing 12 and 18 stories, on a 2.21-acre site. The community includes a mix of 156 studios, 114 two-bedroom units, 10 three-bedroom units, and 36 four-bedroom units. Leasing began in August 2024.
At the grand opening ceremony, Hawai‘i Governor Josh Green and Lieutenant Governor Sylvia Luke attended and delivered remarks, highlighting the role of Hale Haukani in easing pressure on Honolulu’s rental market, supporting student success, and advancing statewide efforts to increase housing availability through public-private partnerships.
“This project at UHM marks a major milestone for Greystar as we deliver our first ground-up development in Hawai‘i,” said Raul Tamez, Greystar’s Senior Director of Development for Southern California & Hawai’i. “We are proud to expand our footprint in the state and provide students with housing options designed for community, convenience, and modern living.”
The community offers a wide range of amenities including study rooms, community lounges, an amenity deck on the 12th floor, outdoor space on level 2, and bike storage. Apartments come fully furnished with stainless steel appliances, microwaves, refrigerators, and private bedrooms, with select units featuring cooktops or ranges. An onsite daycare, operated by the University, supports student families.
Located in the heart of Mānoa, the project expands on-campus housing options while offering students the independence and lifestyle of modern multifamily living.
Greystar has been active in Hawai‘i for years on the property management side, with a dedicated local office in Ewa Beach.
About Greystar
Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in more than 250 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing over 1,000,000 units/beds globally. Across its platforms, Greystar has nearly $79 billion of assets under management, including over $35 billion of development assets and over $30 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business.
Media Inquiries
Emma Mitchell
emma.mitchell@greystar.com