ProsPac Holdings Group Announces Promotions, New Team Member
Locally established development firm promotes Limin Xu, William Chen and Daniel Simonich, hires Mika Boviall as Marketing Director
HONOLULU – ProsPac Holdings Group, a locally established real estate investment firm dedicated to bringing thoughtful community-oriented development to Hawaiʻi, today announced Limin Xu, William Chen, Daniel Simonich and Mika Boviall’s appointment to new leadership positions. In their roles, they will lead the company’s current and future projects throughout the state.
“We’re proud to recognize the exceptional talent and accomplishments of Limin, William and Daniel with their recent promotions,” said Rick Stack, Executive Vice President, ProsPac Holdings Group LLC. “We look forward to the additional expertise and skill Mika brings to our team as we continue to deliver progressive, innovative projects designed to create a better quality of life for our local residents.”
Limin Xu was promoted to Vice President and Finance Director. Xu will be responsible for the company’s transactional and financing activities. Since joining the company in 2016, he oversaw financing for Azure Ala Moana. Prior to that role, he served at Forise Land and Fosun International where he was responsible for domestic and overseas acquisitions and strategies. Xu holds numerous degrees, including his MBA and MSF from the Carroll Graduate School of Management at Boston College and a B.A. from the University of Massachusetts at Amherst.
William Chen, who was promoted to Vice President, is responsible for managing design, construction and sales activities and successfully overseeing ProsPac Holding Group’s projects to completion. Prior to joining the company, he lived and worked in Vancouver, British Columbia and Shanghai, China, where he held internships at the Bank of East Asia Shanghai from 2012 to 2013 and 2014 to 2015. He received his degree in economics from the University of British Columbia.
Daniel Simonich was promoted to Director of Development. Simonich will be responsible for overseeing planning and permitting, entitlements and construction activities. Previously, he held positions at the Hawaiʻi Community Development Authority working on mixed-use towers, workforce and reserved affordable housing and the University of Hawaiʻi Office of Physical, Environmental and Long Range Planning. He received his degrees in architecture and urban and regional planning from Montana State University and the University of Hawaiʻi, respectively.
Mika Boviall joins the company with nearly a decade of experience in marketing operations, technology and strategy that spans from Japan to Hawaiʻi. Most recently, she served as the Senior Manager of Marketing at Hilton Grand Vacations where she led a team responsible for marketing strategy. She previously held positions at LVMH-DFS Group, where she led the rebranding and execution of global marketing campaigns. She earned her bachelor’s degree at Yokohama City University.
ProsPac Holdings Group completed its latest project, Azure Ala Moana, in September 2021. The 41-story mixed-use condominium building features spacious one-, two- and three-bedroom homes and 78 affordable apartments complemented by exceptional amenities: a resort-style pool and cabanas, barbeque areas, fitness center, club room and guest suites. In addition to new residences, Azure Ala Moana has over 20,000 square feet of commercial space and a public outdoor plaza.
About ProsPac Holdings Group
ProsPac Holdings Group, LLC, established in 2016, is a Honolulu-based real estate investment firm dedicated to thoughtful property development in the state of Hawai‘i. The company developed Azure Ala Moana, a mixed-use project that includes 330 condominiums, 78 rental apartments and commercial space in the heart of Ala Moana. The management team has decades of combined international experience from real estate investments and developments in the United States and China.