BACKGROUND

Captain Real Estate (Hawaii) was formed in 2017 upon Mr. Captain’s return to Honolulu after 20 years based in the Western Pacific. Mr. Captain initially trained in Honolulu working for seven years at one of Hawaii’s most respected real estate consulting firms. In Hawaii, Mr. Captain worked on numerous high profile properties and assignments, including litigation consulting and arbitration support services. Hawaii properties previously appraised by Mr. Captain include the Grand Wailea Resort & Spa, Hawaiian Regent hotel, Nauru Tower, Polynesian Cultural Center, Fern Grotto on Kauai, Mauna Kea Beach Hotel, Hyatt Waikoloa, Kapalua Bay Hotel, Kahala Mall and numerous others. In 2016, he provided appraisal support services to a Japan based client for the Sheraton Keahou Resort and Surfjack hotels. In this corporate and personal overview, real estate services available, notable assignments, clients and other details included herein reflect the histories of Mr. Captain’s firms since 1997, when he formed his first company on Guam.

In response to the growing need for professional real estate valuation and consulting services in the Western Pacific, W. Nicholas Captain, MAI, CRE formed The Captain Company in 1997. Mr. Captain was the first MAI designation appraiser based on Guam, and was the only CRE designated real estate expert based in Micronesia. His international experience in the region includes:; appraising all public land in the Republic of Palau for government decision making purposes; estimating a loss in use value for four Marshall Islands atolls that were previously contaminated as a result of the United States nuclear testing program in the 1950s; appraising potential United States Embassy sites in Papua New Guinea, the Federated States of Micronesia and the Republic of Palau; a land study in the Independent State of Samoa, appraising the first conservation easement outside of the US by The Nature Conservancy; appraising all privately owned real estate on Guam for government property tax purposes, various studies in Fiji and American Samoa, and numerous other assignments.

In addition to substantial experience in Hawaii, Mr. Captain has analyzed over $10 billion worth of real estate throughout Micronesia and the region since 1993. He has completed numerous consulting assignments for a wide range of clients and a diverse set of purposes. The Appraisal Institute previously appointed Mr. Captain as its Ambassador to Micronesia, Philippines and Indonesia and he recently served on the Institute’s International Relations Committee. On a biennial basis during the 2000s, Mr. Captain hosted the premier real estate conference in the region, the Micronesia Real Estate Investment Conference. Mr. Captain has taught real estate courses and seminars as well as presented papers in Guam, Palau, Malaysia, Indonesia, Taiwan and the Philippines. His work has been published in the national trade journal Real Estate Issues and is available on Amazon.com. Mr. Captain has been quoted in the Los Angeles Times, Barrons, Pacific Magazine, Radio Australia, Radio New Zealand, Hawaii Business, and Bisnes Indonesia as well as various local and regional media. In 2011, the 2nd Edition of Real Estate Valuation in Global Markets included Mr. Captain’s chapter on Guam. He has invested in more than 20 properties in Hawaii, Guam, Saipan, New Zealand, and the Philippines, in excess of $50 million as well as provided brokerage services involving nearly $100 million.

Mr. Captain’s scope of services includes international real estate valuation, consulting, research, investments, litigation support, appraisal review, market studies, feasibility, arbitration and education. He specializes in the analyses of complex ownership positions and litigation support. Mr. Captain has previously qualified as an expert witness in the Superior Court of Guam, the Superior Court of the CNMI, the Supreme Court in the Republic of Palau, as well as before the Nuclear Claims Tribunal in the Republic of the Marshall Islands and the Board of Appeals in the City and County of Honolulu, State of Hawaii. In 2006, one of Mr. Captain’s articles was presented by Attorney Seth P. Waxman to the Supreme Court of the United States (Case No. 06-116) as an “authority” on Guam real estate.

Our client list includes many internationally-recognized companies including Goldman Sachs, Standard & Poors, Morgan Stanley, Lockheed Martin, AT&T, Merrill Lynch, Banc of America Securities, Rockpoint, Citigroup, CBRE, JPMorgan Chase Bank, KPMG Peat Marwick LLP, Exxon, Nuclear Claims Tribunal, and many others. Government related clients include the U.S. Department of State, U.S. Department of the Interior, Federal Home Loan Bank, General Services Administration, U.S. Postal Service, U.S. Army Corps of Engineers, Office of the President of the Republic of Palau, and others.