First Hawaiian Bank acted as agent and arranger and the other banks involved are Bank of America NT&SA, NBD Bank, Bank of Boston and Bank of Hawaii.
The new credit line is good through June 1998, with an option for the lenders to extend it for another year. Schuler Homes is one of Hawaii's largest developers of affordably priced housing.
The survey found that two-thirds of the U.S. honeymooners traveled outside the continental United States and 13.9 percent of the newlyweds visited Hawaii. The average Hawaii honeymoon cost $4,705 last year.
The magazine did not survey Japanese honeymooners, who have made Hawaii a popular choice in recent years.
North will serve as director of retail services for Koll's Hawaii region.
North has played a key role in the recent influx of national retailers and restaurants into Hawaii. He represented Planet Hollywood in setting up its 17,000-square-foot Waikiki operation, and he also has represented Warner Brothers Studio Stores, Coach Leatherwear and Bally of Switzerland. North negotiated the Wallace Theaters nine-theater lease at Restaurant Row.