RealEstateRama Authors Posts by Kennedy Wilson
The Culver Steps Development Taps Kennedy Wilson to Rep Exclusive 40,000-Square-Foot Retail Portion
Global real estate investment and services firm Kennedy Wilson has been named the official broker of record for retail at The Culver Steps, a transformative mixed-use development adjacent to The Culver Studios and Culver Hotel in Downtown Culver City.
Kennedy Wilson Represents Landlord in One of This Year’s Largest Restaurant Leases in DTLA...
Wilson, a global real estate investment and services firm, announced today that it has represented the landlord in one of the largest restaurant leases in Downtown Los Angeles this year, bringing the ground-floor retail space at mixed-use development 1000 Grand by Windsor to 100 percent occupancy.
Kennedy Wilson Represents Seller in the Sale of Notable San Diego Office Property in...
Global real estate investment and services firm, Kennedy Wilson , has negotiated a two-part sale of the ground lease and underlying fee interest in land located at 1420 Kettner Blvd. in the Little Italy submarket of San Diego, California. The seven-story building is comprised of approximately 123,000 square feet of commercial office space and sits on a 2.6-acre parcel of land.
Illuminate Face & Body Bar Taps Kennedy Wilson Duo for Los Angeles Expansion
LOS ANGELES – Sept. 20, 2017 - (RealEstateRama) -- Global real estate investment and services firm Kennedy Wilson has been tapped as the official...
DTLA’s South Park by Windsor Retail Space Reaches 100-Percent Occupancy
Kennedy Wilson, a global real estate investment and services firm, has announced the closing of three 10-year leases with major national retailers at the South Park by Windsor mixed-use property in Downtown Los Angeles (DTLA), bringing the ground-floor retail space to 100-percent occupancy. The property is one of South Park’s newest mixed-use high rise developments to recently open.
Kennedy Wilson Represents Buyer and Seller in $16 Million Sale of Prime Property in...
Global real estate investment company Kennedy Wilson represented both the buyer and seller in the $16 million sale of a prime, mixed-use complex located at the corner of 11th Street and Wilshire Boulevard in the heart of Santa Monica. The approximately 23,500-square foot, retail and multifamily property was purchased by 11th and Wilshire, LLC. The seller was Paragon Properties.
James Cain Joins Kennedy Wilson in Austin
Jim Rosten, president of Property Services at global real estate investment and services company Kennedy Wilson, has announced the appointment of James Cain, who joins the company’s property management division as a regional director. Based in the firm’s Austin office, he will be responsible for expanding the firm’s property management program in primary and secondary markets throughout Texas.
Kennedy Wilson Completes Purchase of Majority Interest in 5,485 Unit Vintage Housing Multifamily Portfolio
Global real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company completed the acquisition of a majority interest in Vintage Housing Holdings (“VHH”). VHH owns certain interests in 30 multi-family properties totaling 5,485 units in the Western U.S. For its 61% equity ownership in VHH, Kennedy Wilson invested approximately $78 million, valuing the underlying portfolio at approximately $486 million (including the assumption of property debt, third party equity interests and unrestricted cash)
Kennedy Wilson Completes Sale Of Japanese Multifamily Portfolio
Global real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company and its equity partners completed the sale of their equity interests in 49 multifamily buildings located throughout Japan, with the closing of one building in the transaction scheduled to occur in the second or third quarter of 2015. The transaction values the 50 building, 2,410 unit portfolio at 58.5 billion JPY (approximately $472 million), including the assumption of mortgage debt and net assets.
Kennedy Wilson Negotiates Lease for Panera Bread in Culver City
LOS ANGELES - November 7, 2014 - (RealEstateRama) -- Global real estate investment and services firm Kennedy Wilson has negotiated a 10-year retail lease for Panera Bread, a bakery-café chain with locations nationwide. Located at 10990 Jefferson Blvd. within the Studio Village Center, the 5,100-square-foot property will house the first Panera Bread in Culver City.
Kennedy Wilson Hires Two in Austin Office
WASHINGTON, D.C. - October 16, 2014 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson has announced the hire of Victor Russo, CCIM, CPM®, and Su Kosub, CCIM, to the firm’s Properties Group in Austin, Texas. Russo has been appointed as the regional director of acquisitions and investment sales, and Kosub as senior director of investment sales and leasing. With these hires, Kennedy Wilson continues its momentum from the additions to the firm’s San Antonio office earlier this year to further expand its presence in Texas
Kennedy Wilson Represents Buyer in $16.4 Million Sale of Self-Storage Portfolio
WASHINGTON, D.C. - August 28, 2014 - (RealEstateRama) -- Global real estate investment and services firm Kennedy Wilson has announced that it represented the buyer in the sale of a self-storage portfolio for $16.4 million. Family-owned by the AMS Group for more than 40 years, the portfolio consists of three properties totaling 158,000 square feet located throughout Los Angeles and Riverside counties
Kennedy Wilson Awarded Management of San Francisco Financial District High-Rise
SAN FRANCISCO - August 19, 2014 - (RealEstateRama) -- Global real estate investment and services firm Kennedy Wilson has been awarded the property management contract for 555 Montgomery Street, an 18-floor, Class A office building located in the heart of San Francisco’s financial district
Jeffrey Utterback Joins Kennedy Wilson as Senior Managing Director of Properties Group
SEATTLE - August 12, 2014 - (RealEstateRama) -- Global real estate investment and services company Kennedy Wilson has hired Jeffrey Utterback as senior managing director in the firm’s Properties Group. Based in Seattle, he is responsible for overseeing all third party property and construction management activities in the Pacific Northwest region and assisting with the expansion of the firm’s property services division as well as supporting the firms’ acquisitions efforts.
Caffe Primo to Open Three New Locations in Los Angeles
LOS ANGELES - August 5, 2014 - (RealEstateRama) -- Global real estate investment and services firm Kennedy Wilson has closed three lease transactions for new Caffe Primo locations in Los Angeles. With the addition of these new sites, the leader in the next generation of cafés expands to five locations, which will total two in West Hollywood, two in Santa Monica, and one in downtown, Los Angeles
John Troughton Joins Kennedy Wilson Brokerage Group as Vice President
SACRAMENTO/BEVERLY HILLS, Calif. - July 30, 2014 - (RealEstateRama) -- John Troughton, a 22-year commercial real estate veteran, has joined global real estate investment and services company Kennedy Wilson as vice president of its Brokerage Group. A well-known industry expert, over the years Troughton has received numerous accolades from the Governor of California, United States Congress, and several local governments for completing transactions that assisted in boosting local economies.
Kennedy Wilson’s Brokerage Group Closes Four Lease Transactions
LOS ANGELES - July 10, 2014 - (RealEstateRama) -- Global real estate investment and services firm Kennedy Wilson has closed four retail and entertainment lease transactions in Hollywood, Santa Monica and Westchester. This collection of new leases, which carry an aggregate value of more than $3 million, points to an uptick in the Los Angeles retail market
Kennedy Wilson and Varde Purchase Portfolio of Eight UK Shopping Centers for £250M ($388M)
BEVERLY HILLS, CA - September 5, 2013 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company and Varde acquired a portfolio of eight shopping centers out of administration for £250 million ($388 million). Seven of the eight centers have transferred, with the final center due to close subject to customary closing conditions. The total equity contribution was £110 million ($170 million), including £34 million ($53 million) from Kennedy Wilson, and £163 million ($253 million) of financing was provided.
Kennedy Wilson and Partner Purchase Portfolio of 14 Properties in Ireland for €306M
BEVERLY HILLS, CA - July 24, 2013 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company and its partner completed the purchase of a portfolio of 14 properties for €306 million. The company and its partner each contributed €60 million of equity in the transaction, and Bank of Ireland provided €199 million in financing
Kennedy Wilson Acquires 188-Unit Apartment Community in Northern California for $34M
BEVERLY HILLS, CA - April 16, 2013 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced the acquisition of Montelena Apartments, a 188-unit multifamily community in Hayward, CA, from a private investment group. The company and its investment partners purchased the property for $34 million, investing $11 million of equity in the transaction (including $6 million from Kennedy Wilson) and placing approximately $27 million of fixed rate financing with Freddie Mac through CBRE Capital Markets at 3.5% for ten years.
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