Cayenne Pe‘a
is a principal and co-founder at Alaka‘i Development, a residential development firm whose mission is to meet the need of Hawaii’s housing shortage by developing quality rental residences. Since 2015, the principals of Alaka’i Development have delivered 817 units of rental housing on the island of Oahu. Most recently developed in partnership with a Fortune 250 company is The Element, a 318-unit rental community in West Oahu.
Prior to Alaka‘i Development, Cayenne worked as Director of Finance for Forest City Hawaii where she lead a team that managed a $2B balance sheet including a portfolio of 6,700 military homes, development of 499-unit class-A apartment community Kapolei Lofts, rezoning of a 271-acre master-planned community, and the financing of six utility-scale solar installations, which included partnerships with both the Department of the Navy and State of Hawaii. The principals of Alaka’i Development managed the lease up of Kapolei Lofts and subsequent sale to Blackstone.
Cayenne holds a Bachelor of Science degree in Accounting from Loyola Marymount University and was honored as a member of Pacific Business News’ 2018 Class of 40 under 40 and Hawaii Business Magazine’s 20 for the Next 20 in 2020. She is a member of the YWCA Oahu Board of Directors, Make-A-Wish Hawaii Young Leaders Board, Island Pacific Academy Board of Trustees, Beyond the Book Club, the Urban Land Institute Sustainable Development Product Council, and Pacific Century Fellows Class of 2020.
