Kennedy Wilson Acquires Three Mountain West Multifamily Communities for $418 Million in Off-Market Transactions

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Apr 29, 2022

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.