Kennedy Wilson Completes $304M of Asset Sales in the United States and Ireland

November 15, 2017
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Global real estate investment company Kennedy Wilson (NYSE:KW) (“KW”) announced today two real estate asset sales generating $304M in gross proceeds for the company. Summer House, a wholly owned 615-unit apartment community in Alameda, CA, sold for $231M, representing the largest multifamily transaction in the San Francisco Bay Area in 2017 and one of the largest single asset real estate transactions recorded in the East Bay. Additionally, the company com
Advertisement

Recent related news

Internet of Things and cloud solutions provider Universal mCloud Corp (CVE:MCLD)  revealed it was set to bring in up to C$3mln via a private placing. Echelon...
1 day ago • Proactive Investors

BlackRock, the world's largest asset manager, expects the companies in which it invests to do far more than deliver quarterly profits.
19 hours ago • Mondaq

JP Morgan recently released its 2018 Global M&A Outlook report, predicting that 1) investor confidence from solid GDP growth, 2) disruption risk from...
18 hours ago • Mondaq

Canadian M&A activity remained strong in 2017, as low financing costs, an expanding U.S. economy and sustained domestic growth fueled a positive M&A environment.
18 hours ago • Mondaq

Higher production and buoyant oil prices put a sheen on fourth-quarter results from Chesapeake Energy Corporation (NYSE:CHK). The energy company reported net...
10 hours ago • Proactive Investors

BEDMINSTER, NJ, Feb. 22, 2018 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud...
5 hours ago • GlobeNewswire

MINNEAPOLIS--(BUSINESS WIRE)--FISION Corporation (OTCQB: FSSN), a leading provider of cloud-based digital asset management, sales enablement, and agile marketing...
10 hours ago • Business Wire

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best and Best’s Insurance Professionals and Claims Resource will be attending the Combined Claims Conference, March 6-7,...
7 hours ago • Business Wire

You might like