Kennedy Wilson

Kennedy Wilson is a proud sponsor of basis.point, the charity of the Irish funds industry that works to give children in Ireland equal access to a bright future through education. Recently, our team hosted a session at our Dublin office to raise awareness of basis.point and attract new individual supporters to help drive social change and transform the educational landscape for children across Ireland. #basispointweek.

Kennedy Wilson has launched a new single-family rental housing joint venture with global capital partner CPP Investments | Investissements RPC that will initially target £1 billion in real estate across the United Kingdom. The venture is seeded with two developments sourced by Kennedy Wilson and includes an active pipeline of opportunities totaling over £360 million and 1,100 units, with the capacity to reach 4,000 units at full capital deployment. https://lnkd.in/gU3RdDwc “Residential has long been a crucial part of Kennedy Wilson’s investment strategy, and our JV with CPP Investments, a leading global institutional investor, will propel our efforts to deliver much-needed rental homes for local families,” said Michael Pegler, President, Kennedy Wilson Europe. “The structural challenges facing institutionally managed rental housing in the UK provides a clear investment rationale to enter the market and leverage our deep experience in the sector. We are actively seeking opportunities to grow our portfolio, which offers substantial scalability potential in the UK, driving consistent risk adjusted returns in this high-conviction subsector.” 

Kennedy Wilson Chairman and CEO Bill McMorrow sat down with the Los Angeles Business Journal for a Q A to discuss the company's growth plans, including a focus on multifamily investment and the expanding construction lending platform: https://lnkd.in/gtjnc_aQ.

In their annual AHEAD Awards (Awards for Hospitality Experience and Design), Sleeper Magazine recently recognized Kona Village, A Rosewood Resort as: -2024 Hotel of the Year -2024 Suite of the Year -2024 Resort of the Year -2024 Spa of the Year Congratulations to our many design collaborators, including Walker Warner Architects, NICOLEHOLLIS, Delawie, and VITA Planning & Landscape Architecture.

PEOPLE NEWS: Global real estate investment company Kennedy Wilson announced the appointment of Jake Harris as managing director, who will be responsible for overseeing the company’s industrial and logistics investment activities in the United Kingdom. Wilson will also look beyond the industrial and logistics sector for attractive standalone and thematic acquisitions.

#EXPOREAL2024 is just around the corner. Kennedy Wilson's John Keegan and Lottie Outen will be onsite for the event October 7-9 and are available for meetings. See you soon in Munich!

LOAN NEWS: Kennedy Wilson has recently closed senior construction loans for the development of three student housing projects totaling $184 million at the University of Wisconsin-Madison, University of North Texas and University of California, Berkeley. These recent deals, completed through Kennedy Wilson’s debt investment platform, expand the student housing loan portfolio to $850 million to develop approximately 8,800 beds, with an additional $1 billion of new student housing loans totaling 8,200 beds currently being evaluated.

Congratulations to Kennedy Wilson's debt team leaders, Thomas Whitesell, Jason Baker and Patrick Crandall, on being named to Commercial Observer's annual Power SoCal List. The recognition comes on the heels of an active year for the group, including crossing more than $7 billion in loan originations, expanding loan servicing capabilities, and creating new relationships with top sponsors across the country. https://lnkd.in/gYCsPBux.

Kennedy Wilson has expanded its $500 million unsecured revolving credit facility to $550 million in partnership with a group of 10 banks. The credit facility, which has a three-year term and a one year extension option, reflects continued confidence in Kennedy Wilson's business strategy, and provides an efficient source of funding for new opportunities that will emerge. Read more: https://lnkd.in/gauavEfM.