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KENNEDY-WILSON HOLDINGS, INC. - $KW STOCK NEWS

Welcome to our dedicated page for KENNEDY-WILSON HOLDINGS news (Ticker: $KW), a resource for investors and traders seeking the latest updates and insights on KENNEDY-WILSON HOLDINGS stock.

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Kennedy Wilson and Haseko Acquire Two Multifamily Communities in Vancouver, Washington for $90 Million - A real estate fund managed by Kennedy Wilson has partnered with Haseko to acquire The Farmstead and Villas at 28th Street communities in Vancouver, Washington. The transaction totals 350 multifamily units purchased for $90 million. The communities contain diverse floor plans, secured gated access, fitness centers, dog parks, pickleball court, pet wash stations, natural green space, and walking trails, providing a comprehensive living experience. The companies aim to leverage their long-term experience in investing in multifamily units across the Pacific Northwest through institutional asset management practices. With an increased presence in the mainland U.S., the joint venture presents an opportunity for sustained growth, expansion, and commitment to diversification.

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Kennedy Wilson (NYSE: KW) plans to announce its first quarter 2024 financial results on May 8, 2024, after the market closes. A live conference call and webcast to discuss the results will be held on May 9, 2024, at 9:00 a.m. PT / 12:00 p.m. ET. Investors can access the call and webcast through provided dial-in numbers and web links. Replays will be available for both the call and webcast.
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Dune Real Estate Partners LP announces promotions for key team members, including Alexander Chan, Monica Scieszka, Paul McLaughlin, and Joshua Hassid. The promotions aim to recognize their contributions and support Dune's growth strategy.
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Kennedy Wilson (KW) announces its real estate debt investment platform has doubled in size to $7 billion in originations with a strong pipeline of new opportunities. The platform, bolstered by a recent acquisition of a $4.1 billion loan portfolio, is expected to close $1.3 billion by Q2 2024. The debt team focuses on multifamily and student housing construction lending opportunities, aiming to grow with high-quality sponsors. Kennedy Wilson plans to roll out a new debt servicing platform in 2024 to further expand its capabilities.
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Kennedy-Wilson Holdings, Inc. (NYSE: KW) reported strong financial results for Q4 and full-year 2023, with a 42% growth in investment management platform and 8% Baseline EBITDA growth. The company faced non-cash impacts of $439 million due to a decline in real estate values. Strategic asset sales and cost reduction plans aim to enhance cash flow. Investment management fees grew by 44%, and Fee-Bearing Capital reached a record $8.4 billion. Debt Investment Platform saw significant growth. The Company is on track with multifamily and office development projects.
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Kennedy Wilson (KW) declares a quarterly dividend of $0.24 per share, totaling $0.96 annually, payable to common shareholders on April 4, 2024.
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Kennedy Wilson (NYSE: KW) will release its fourth quarter 2023 financial results on February 21, 2024, followed by a live conference call and webcast to discuss the results on February 22, 2024. The company's direct dial-in number for the conference call and webcast details are provided in the press release.
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Kennedy-Wilson Holdings, Inc. reported Q3-2023 results, with a net loss of $92.2 million and adjusted EBITDA of $33.2 million. The company saw strong demand for rental housing and growth in its debt investment platform. They are on track to complete and lease-up several development projects, including over 1,300 units expected to complete by the end of Q2-24.
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KENNEDY-WILSON HOLDINGS, INC.

NYSE:KW

KW Rankings

KW Stock Data

1.22B
118.35M
15.75%
89.69%
5.75%
Lessors of Residential Buildings and Dwellings
Real Estate and Rental and Leasing
Link
United States of America
BEVERLY HILLS

About KW

kennedy wilson (nyse:kw) is a global real estate investment company. we own, operate, and invest in real estate on our own and through our investment management platform. we focus on multifamily and commercial properties located in the western u.s., u.k., ireland, spain, italy and japan. to complement our investment business, the company also provides real estate services primarily to financial services clients. for further information on kennedy wilson, please visit www.kennedywilson.com.