>https://www.staradvertiser.com/2020/08/15/hawaii-news/obama-and-the-beach-house-loopholes/
In the spring of 2015, while Obama was in his seventh year in office, Nesbitt, under an entity called Waimanalo Paradise LLC, closed the sale for $8.7 million. At the time, Nesbitt told Fox affiliate KHON2, “I am the sole purchaser and did not have any partners or co-investors in the transaction.” The White House also played down the purchase. “The president is not a party to this transaction,” a senior administration official told Politico.
But a source with firsthand knowledge of the matter says the property was being developed, in part, for the Obamas. And in separate interviews with the Star-Advertiser for this story, Lemmo, the state’s top conservation official, and Cedric Duarte, a spokesman for the Department of Hawaiian Home Lands, referred to the estate as Obama’s property. Neighbors and workers told Hawaii News Now this year that they signed confidentiality agreements.