The sale of the Waena Apartments in Honolulu was among the largest commercial real estate deals in Hawaii in 2014. Hawaii's multi-family real estate market finished up 2014 with nearly $500 million in total sales, mainly due in large part to several institutional sales including Waena Apartments, Kalaeloa Rental Homes and Hibiscus Hill, which accounted for more than half of the total sales volume for the year, according to a new report.