Los Angeles LosAngeles

Kennedy Wilson has acquired a five-propertymultifamily portfolio for $342 million in an off-markettransaction. The five properties are located in Washington, Oregon,Colorado, Nevada and New Mexico.

The five-property portfolio contributes 1,008 units to KennedyWilson's growing multifamily presence in the Mountain States, whichnow totals approximately 8,300 multifamily units, including unitsunder development. The portfolio also adds 449 units to KennedyWilson's Pacific Northwest portfolio, which now totalsapproximately 11,700 units, including units under development. Theacquisition builds on the company's total multifamily portfolio of29,500 units, including properties under construction.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

Los Angeles
Multifamily
Capital Markets
West