Kennedy Wilson and Partners Acquire 409-Unit Apartment Community in Northern California
May 14, 2012|
Company announces acquisition of Capitol Towers in Sacramento
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--May. 14, 2012--
International real estate investment and services firm Kennedy
Wilson (NYSE:KW) today announced the acquisition of Capitol
Towers, a 409-unit apartment community in Sacramento, CA. The company
and its partners purchased the property for $64 million, with $50
million in financing from HFF/Freddie Mac at 3.51%, fixed for seven
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Kennedy Wilson Reports First Quarter 2012 Earnings
May 07, 2012|
Adjusted EBITDA increases by 27% from same period last year
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--May. 7, 2012--
Kennedy-Wilson Holdings, Inc. (NYSE: KW)
(“Kennedy Wilson,” "we," "us," "our," or the “Company”), an
international real estate investment and services company, today
reported a first quarter 2012 net loss attributable to common
shareholders of $3.4 million (or $0.07 per basic and diluted share)
compared to a net loss of $1... |
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Kennedy Wilson to Announce First Quarter 2012 Earnings
April 30, 2012|
Kennedy-Wilson Holdings, Inc. to hold conference call and webcast to
discuss first quarter financial results
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Apr. 30, 2012--
International real estate investment and services firm Kennedy-Wilson
Holdings, Inc. (NYSE: KW) will release its first quarter 2012
financial results on Monday, May 7, 2012 after the market closes. The
company will hold a live conference call and webcast to discuss results
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Kennedy Wilson Sells Multifamily Properties in San Jose and Portland
for $154 Million
April 17, 2012| Two apartment assets traded at combined cap rate of 4.5%
BEVERLY HILLS, Calif., Apr 17, 2012 (BUSINESS WIRE) --International real estate investment and services firm Kennedy
Wilson (NYSE: KW) today announced that the company sold two
of its multifamily properties for a total of $154 million. Net proceeds
of $64 million will be distributed to the company and equity holders,
including $18.5 million to Kennedy Wilson. 360 Residences, a 213-unit
lux... |
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Kennedy Wilson and Partners Close $80M Japanese Multifamily Financing at 1.61% Interest Rate, Fixed for Five Years
April 03, 2012|
Company has now refinanced entire Japanese apartment portfolio at an
average interest rate of 2.01%
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Apr. 3, 2012--
International real estate investment and services firm Kennedy
Wilson (NYSE: KW) today announced that KW Residential, LLC,
the company’s unconsolidated Japanese venture, refinanced part of its
multifamily portfolio in the amount of $80 million at a 1.61% interest
rate, fixed for five... |
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Kennedy Wilson Partners with Fairfax Financial on New €278M European Commercial Real Estate Investment Platform
March 13, 2012|
Partnership will initially focus on UK and Irish commercial real
estate; investment builds on fully invested $278 million U.S. partnership
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Mar. 13, 2012--
International real estate investment and services company Kennedy
Wilson (NYSE: KW) today announced the formation of a new
partnership with Fairfax Financial Holdings Limited (TSX: FFH) (TSX:
FFH.U) (“Fairfax”) to pursue acquisitions of European comme... |
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Kennedy Wilson Reports Fourth Quarter and Full Year 2011 Earnings
March 12, 2012| Adjusted EBITDA of $71 million for FY 2011 increased 22% from 2010
Company increases dividend by 25% to $0.05 per common share for first quarter 2012
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Mar. 12, 2012-- Kennedy-Wilson Holdings, Inc. (NYSE:KW) ("Kennedy Wilson" or the "Company"), an international real estate investment and services company, today reported fourth quarter 2011 net income attributable to common shareholders of $7.9 million (or $0.17 and $0.14 per basic and diluted share, resp... |
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Kennedy Wilson Acquires Leading Residential Research Advisory Firm Meyers LLC
March 06, 2012|
Company expands services to include capital sourcing and real estate
consulting
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Mar. 6, 2012--
International real estate investment and services firm Kennedy
Wilson (NYSE: KW) today announced the acquisition of
Irvine-based Meyers LLC, a real estate consultancy specializing in
capital sourcing and real estate research for the single family
homebuilding industry and multifamily apartment business.... |
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Kennedy Wilson and Partners Sell North Hollywood High-Rise, Luxury Apartment Tower for $74 Million
March 01, 2012| BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Mar. 1, 2012--
International real estate investment and services firm Kennedy
Wilson (NYSE: KW) today announced the sale of NoHo-14, a
180-unit, 14-story luxury apartment building located in the NoHo Arts
District of Los Angeles’ San Fernando Valley. The signature asset was
sold for $74 million, representing a 4.1% cap rate on in place income.
The seller assumed the $40 million Cigna fixed rate financing.
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Kennedy Wilson Completes 145,000 Sq. Ft. of Office Leases in California
February 21, 2012| BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Feb. 21, 2012--
International real estate investment and services firm Kennedy
Wilson (NYSE: KW) today announced that it completed three
office leases totaling 145,000 sq. ft. in Los Angeles and San Francisco.
“We’ve seen an uptick in leasing activity at our office properties,”
said John Prabhu, president of KW Commercial Investment Group. “The
increased activity is primarily in Southern California, Nor... |
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Kennedy Wilson to Announce Fourth Quarter 2011 Earnings
February 21, 2012|
Kennedy-Wilson Holdings, Inc. to hold conference call and webcast to
discuss fourth quarter financial results
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Feb. 21, 2012--
International real estate investment and services firm Kennedy-Wilson
Holdings, Inc. (NYSE: KW) will release its fourth quarter 2011
financial results on Monday, March 12, 2012 after the market closes. The
company will hold a live conference call and webcast to discuss results
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Kennedy Wilson Announces Completion of Registered Exchange Offer for 8.750% Senior Notes Due 2019
February 07, 2012| BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Feb. 7, 2012--
Kennedy-Wilson, Inc. (“Kennedy Wilson”), a wholly owned subsidiary of
international real estate investment and services firm Kennedy-Wilson
Holdings, Inc. (NYSE: KW), announced today that it has completed
its registered exchange offer to exchange up to $250 million aggregate
principal amount of its 8.750% Senior Notes due 2019, which have been
registered under the Securities Act of 1933, as amend... |
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Kennedy Wilson Announces Registered Exchange Offer for 8.750% Senior Notes Due 2019
January 06, 2012| BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Jan. 6, 2012--
Kennedy-Wilson, Inc. (“Kennedy Wilson”), a wholly owned subsidiary of
international real estate investment and services firm Kennedy-Wilson
Holdings, Inc. (NYSE: KW), has commenced a registered exchange
offer for its outstanding 8.750% Senior Notes due 2019 (the “Private
Notes”). The Private Notes were originally issued on April 5, 2011 in a
private placement exempt from the registration requirem... |
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