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LOS ANGELES-A joint venture of Kennedy Wilson and RECP/Urban Partners has acquired 167 condo units and 18,694 square feet of retail space at the Santee Village development in Downtown L.A. in an REO sale by Bank of America. Robert Hart, president and CEO of Kennedy Wilson Multifamily Management Group, calls the project “one of the last opportunities in the current real estate cycle to acquire a condo property in the downtown L.A. area.”

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