Kennedy-Wilson’s Strategic Acquisition Set to Reshape Multifamily Investment Landscape

In a move that significantly expands its operational footprint, real estate investment firm Kennedy-Wilson has announced a landmark $347 million agreement to acquire the apartment-living platform from Toll Brothers. This strategic acquisition is poised to boost the company’s assets under management by a substantial $5 billion, marking one of the most significant portfolio expansions in its recent history.

Scheduled for completion in October 2025, this transaction dramatically elevates Kennedy-Wilson’s standing within the multifamily investment sector. The arrangement includes the direct acquisition of 18 existing apartment and student housing properties valued at $2.2 billion. Beyond these immediate holdings, Kennedy-Wilson will assume management responsibilities for an additional 20 Toll Brothers properties representing approximately $3 billion in asset value.

The forward-looking component of the deal represents... Read more...