KW - Mergers and acquisitions

A real estate fund managed by Kennedy Wilson has acquired, in separate transactions, Tides on Commerce - a 336-unit apartment community in North Las Vegas, Nevada, and Finisterra - a 356-unit apartment community in Tempe, Arizona, for a total of $166 million, excluding closing costs. The fund invested a total of $61 million of equity in these transactions. The low-density, garden-style apartment properties offer a diverse mix of unit sizes and plentiful amenities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250627053823/en/Tides on Commerce The two acquisitions contribute to Kennedy Wilson's growing multifamily portfolio with

Off-market transaction will expand Kennedy Wilson's national footprint and debt investment platform by initially adding over $2 billion to fee-bearing capital Representing one of the first significant real estate debt transactions in this market cycle, global real estate investment company Kennedy Wilson (NYSE:KW) has closed on the initial tranche of loans as part of a $5.7 billion loan portfolio acquisition from Pacific Western Bank. The first tranche of loans acquired by Kennedy Wilson and certain controlled affiliates of Fairfax Financial Holdings Limited (collectively, "Fairfax") (TSX:FFH), a long-time partner of Kennedy Wilson, totaled $3.25 billion in total commitments and $1.8 bill

Company's Momentum in 2022 Speaks to Continuing Demand for High-Quality Workforce Housing Across the U.S. Langdon Park Capital (LPC), a Black-owned real estate investment company, today announced the $48.6 million acquisition of a 138-unit multifamily property in West Covina, California, a strong residential community just east of Downtown Los Angeles. The acquisition marks the firm's fourth purchase in 2022 and further underscores LPC's commitment to address the unmet demand for high-quality, workforce housing in underserved Black and Latino communities across the country. Dean Zander and Stew Weston of CBRE represented the sellers. This press release features multimedia. View the full re

Acquisitions support LPC's mission to create lasting social impact in historically underserved Black and Latino communities LPC crosses $100+ million AUM milestone Black-owned real estate investment company Langdon Park Capital (LPC) has expanded its growing portfolio, which now totals more than $100 million of assets under management, with the acquisition of two multifamily assets totaling $36.9 million. The transactions include a 177-unit apartment complex in Hollywood, CA and a 23-unit apartment building located in the Baldwin Village neighborhood in South Los Angeles. At both properties, the LPC team will continue the company's mission to address housing affordability in growing regio

 European Industrial Platform AUM Grows to $1.7 Billion Global real estate investment company Kennedy Wilson (NYSE:KW) has acquired a high-quality, diversified portfolio of 20 UK urban logistics assets totalling 1.3 million square feet, via an off-market transaction with UK logistics specialist, Leftfield, for $287 million. Kennedy Wilson has a 20% ownership in the portfolio and invested $24 million of equity in the transaction. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220531005170/en/Kennedy Wilson Acquires $287 Million Urban Logistics Portfolio in the UK (Photo: Business Wire) The industrial properties are situated in st

1,110 newly acquired units boost company's multifamily portfolio to 37,600 units Global real estate investment company Kennedy Wilson (NYSE:KW) has acquired three wholly owned multifamily communities totaling 1,110 units in three separate off-market transactions for $418 million, excluding closing costs. The properties, including Palms at Peccole Ranch in Las Vegas, Nevada, La Privada in Scottsdale, Arizona and San Miguel del Bosque in Albuquerque, New Mexico, expand Kennedy Wilson's multifamily portfolio focused on institutional-quality, garden style apartments in rapidly growing markets in the Mountain West. This press release features multimedia. View the full release here: https://www.

Global real estate investment company Kennedy Wilson (NYSE:KW) has acquired Waverleygate, a wholly-owned prime office building in Edinburgh, from the real assets investment manager PATRIZIA for $106 million, excluding closing costs. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220204005034/en/Waverleygate (Photo: Business Wire) Waverleygate is one of the most prominent office buildings in the heart of Scotland's capital city and is 97% occupied by national credit-worthy tenants including Amazon, Microsoft, H&M, the Scottish Government, and the National Health Service. With a Class A vacancy rate in Edinburgh City Centre of 2%,

Vision for urban infill development to align with City of Bend planning goals and objectives Global real estate investment company Kennedy Wilson (NYSE:KW) has entered into a joint venture with Matt Day, owner of Bend-based Hooker Creek Companies, to acquire and develop a vacant 21-acre site in the heart of Bend, Oregon. Acquired on December 31, 2021, the joint venture intends to develop the site into a master-planned community that will likely include a mix of apartments, affordable senior housing, for-sale homes, office space, a boutique hotel, and retail space. The project is envisioned to create a residential and commercial hub that will feature open space accessible to the wider comm

Multifamily platform grew throughout 2021 to over 35,000 units located across the Western U.S. and Ireland Global real estate investment company Kennedy Wilson (NYSE:KW) has acquired a wholly-owned, 528-unit garden style apartment community in Henderson, Nevada for $155 million, excluding closing costs. The acquisition caps off a year of significant growth within Kennedy Wilson's multifamily platform, which has expanded from 29,840 units at the beginning of 2021 to over 35,000 units across a global portfolio, including 4,500 units under development, the majority of which will be finished by the end of 2023. This press release features multimedia. View the full release here: https://www.bus

Global real estate investment company Kennedy Wilson (NYSE:KW) has acquired Forum, a wholly-owned institutional-quality office campus, for $81 million. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211220005078/en/Kennedy Wilson has acquired Forum, a wholly-owned institutional-quality office campus, for $81 million. (Photo: Business Wire) Located on the South Coast of the UK, midway between Southampton and Portsmouth, the Forum includes 252,000 square feet of office space across five buildings on a picturesque 30-acre site with lakes, trails, and lush landscaping. "The acquisition of Forum contributes to our ongoing focus on tr

Company recycles proceeds from recent asset sales and adds 547 units to expand long-held presence in the sought-after market Global real estate investment company Kennedy Wilson (NYSE:KW) has added two wholly owned apartment properties to its Seattle, Washington portfolio. The Kennedy Wilson team acquired The Bristol at Southport, the region's largest waterfront apartment asset at 383 units, for $191 million and Geo Shoreline, a newly built 164-unit community, for $74 million. The two properties join Kennedy Wilson's multifamily portfolio focused on high-quality apartments located in rapidly growing markets across the Western United States. This press release features multimedia. View the

Company recycles proceeds from recent asset sales Global real estate investment company Kennedy Wilson (NYSE:KW) has acquired One Embassy Gardens for $252 million, excluding closing costs, in an off-market transaction that is currently expected to add $12 million in annual net operating income. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210629005335/en/One Embassy Gardens (Photo: Business Wire) Located in London's Nine Elms district, the 156,000-square-foot, recently developed, Grade A office building was designed to minimize energy and water consumption and was awarded BREEAM Excellent certification. One Embassy Gardens is

Global real estate investment company Kennedy Wilson (NYSE:KW) and its equity partner have closed the acquisition of The Capitol Building, a Grade A, 173,000 square-foot institutional quality office campus for $66.2 million, reflecting a cap rate of 7.7%. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210625005057/en/The Capitol Building, Bracknell (Photo: Business Wire) The partnership invested $29 million of equity and Kennedy Wilson's ownership interest is 51%. The Capitol Building, in Bracknell, is part of the active Thames Valley submarket. It is 97% occupied by nine tenants across the tech and business service sectors. The