Archives

Oceanwide Plaza, LLC officially launches “The Collection at Oceanwide Plaza” brand in downtown Los Angeles today, with the unveiling of its leasing website, CollectionAtOceanwide.com, for the development’s retail and restaurant complex currently under construction. Global real estate company Kennedy Wilson serves as the exclusive leasing agent for Oceanwide Plaza’s 153,000 square feet of retail, which is part of the $1 billion mixed-use project developed by Beijing-based Oceanwide Holdings Co Ltd. The leasing website debuts The Collection through a 3-D animated, fly-through video, offering new details of the project, which is scheduled for completion in 2018

Michael Collins has joined global real estate investment firm Kennedy Wilson as executive managing director. In this newly created position, he is responsible for expanding the firm’s private client arena by focusing on private banks, family offices and Registered Investment Advisors (RIA) on a national basis. Collins will also serve on Kennedy Wilson’s Investment Committee

Global real estate investment and services firm Kennedy Wilson has negotiated a 10-year retail lease for Yellow Fever, an Asian inspired fast casual restaurant serving healthy customizable bowls, at the Plaza Marina shopping center in Venice, California. Located at 2570 Lincoln Blvd., the 1,500-square-foot location marks the restaurant’s second location and official entry into the Los Angeles market.

Torrance, CA - September 26, 2013 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson has hired Justin Weiss as a senior associate in the Los Angeles office of Kennedy Wilson Brokerage Group, the commercial brokerage division of the firm. Weiss joins the firm as a part of an expansion of its brokerage service

Torrance, CA - September 4, 2013 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson today announced the sale of the Broadway Hollywood for an undisclosed price. The prime ground floor commercial condominium, located on the internationally recognized hard-corner of Hollywood Boulevard and Vine Street in Hollywood, was purchased by San Diego-based HP Investors, LLC.

Torrance, CA - August 21, 2013 - (RealEstateRama) -- Joe LaFico has joined the international real estate investment and services firm Kennedy Wilson as managing director of operations and asset management in its Houston office.

Torrance, CA - August 14, 2013 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson has hired Michael Pakravan, a nine-year real estate retail leasing veteran, to join KW Properties Group, the commercial brokerage and property management division of Kennedy Wilson, as vice president.

WASHINGTON, D.C. - May 13, 2013 - (RealEstateRama) -- Fred Córdova and Christine Deschaine, two of commercial real estate’s most respected brokers on the West Coast and in the nation, have joined the brokerage team in the Beverly Hills headquarters of international real estate investment and services firm Kennedy Wilson. In addition, Ryan Eddy, formerly with Córdova at Colliers International, has joined the firm

BEVERLY HILLS, CA - June 18, 2012 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced the acquisition of Torrey Pines, a 251-unit apartment community in West Covina, CA. The company and its partners purchased the property for $43.7 million, with $33 million in financing from Freddie Mac at 3.91%, fixed for ten years. The company’s multifamily portfolio currently consists of ownership interests in 14,114 units, including deals currently under contract.

BEVERLY HILLS, CA - February 16, 2011 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company, along with an affiliate of DRA Advisors and with Kennedy Wilson Property Fund III, acquired Enclave at Adobe Creek, a 492-unit multifamily community in Petaluma, CA. The company also joined forces with The LeFrak Organization to purchase a 100% equity interest in Indigo Springs, a 278-unit multifamily community in Kent, WA.

BEVERLY HILLS, CA - December 14, 2010 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company’s retail brokerage group completed two major lease transactions in the Los Angeles area. Roger Dunn Golf signed a 12,000 square foot lease at NoHo 14 in North Hollywood and Korea-based Tom N Toms Coffee will establish its flagship U.S. location at Solair in Koreatown. Kennedy Wilson has closed over $11 million of retail leases in the past month, including Sweet Lady Jane’s new Santa Monica location, Americana at Brand’s L.A. Creamery, a new Santa Monica location for BlankSpaces and Want Agency’s Nudie Jeans showroom off of Melrose Avenue.

Incredible Buying Opportunity and Savings for Homeowners looking to Buy a Home in the Oldest Capital in America. Beverly Hills, CA - September 11, 2009 - (RealEstateRama) -- Kennedy Wilson Auction Group, a division of the international real estate services and investment firm Kennedy Wilson, will be conducting a close out auction of 24 new casita-style condominiums located at Zocalo, Santa Fe, NM on Sunday October 4, 2009. The auction will be held at The Bishop’s Lodge Resort & Spa, in Santa Fe, and will commence promptly at 1 PM.

September 10, 2009 - (RealEstateRama) -- Kennedy-Wilson, Inc. (“Kennedy Wilson”) (KWIC.PK), a vertically-integrated real estate investment and services company headquartered in Beverly Hills, CA, with 21 offices throughout the U.S. and Japan, and Prospect Acquisition Corp. ("Prospect") (NYSE Amex: PAX), a special purpose acquisition company with approximately $248 million of cash, today announced that they have signed a definitive agreement under which they plan to combine. The proceeds of the transaction will enable Kennedy Wilson to seek to capitalize on distressed real estate acquisition opportunities and to fund the growth of its auction and property management businesses.

Eleven Homebuyers in North Hollywood, CA Outbid Hundreds To Purchase a New Home. BEVERLY HILLS, CA - September 1, 2009 - (RealEstateRama) -- Kennedy Wilson Auction Group, a division of the international real estate services and investment firm Kennedy Wilson, conducted an auction of 11 new single family homes in North Hollywood, California on August 30, 2009 at the Sheraton Universal Hotel, Universal City

Beverly Hills, CA - July 29, 2009 - (RealEstateRama) -- Kennedy Wilson Auction Group, a division of the international real estate services and investment firm Kennedy Wilson, will be conducting a grand opening auction for 35 luxurious, loft-style condominiums at The Dalton in Pasadena. The lure of exceptionally low starting bids is building excitement among frustrated first-time homebuyers shut out of Pasadena's desirable downtown until now.

KW Capital Markets to Be Based in New York. BEVERLY HILLS, CA - June 17, 2009 - (RealEstateRama) — William J. McMorrow, chairman and chief executive officer of real estate services and investment firm/advisory firm Kennedy Wilson, today announced the appointment of Donald J. Herrema as executive vice chairman of the company and chief executive officer of its newly formed division Kennedy Wilson Capital Markets. Herrema will also join the company’s Executive Committee and be located in Kennedy Wilson’s New York City office which will open simultaneous with his appointment.

KW Acquisitions in Last 12 Months Reach 1,000 Residential Units Valued at $250 Million. LOS ANGELES, CA - June 16, 2009 - (RealEstateRama) — An investment partnership led by the international real estate services and investment firm Kennedy Wilson has acquired the remaining 149 units in The Mercury, a 22-story luxury condominium tower on the corner of Wilshire Boulevard and Western Avenue, from investors led by Forest City Residential West. Vince Norris of Hendricks & Partners represented both the buyer and seller in the transaction.

BEVERLY HILLS, CA - April 10, 2009 - (RealEstateRama) — Kennedy Wilson Auction Group, a division of the international real estate services and investment company Kennedy Wilson, has been retained by Pfizer Inc as the broker of record for the disposition of 6901 Portage Road located just off Interstate 94, in Portage, Michigan, according to Rhett Winchell, president of the Auction Group.

BEVERLY HILLS, CA - April 01, 2009 - (RealEstateRama) — Kennedy Wilson Properties, LTD. (KWP), a division of the international real estate services and investment company Kennedy Wilson, has been retained for 1.2 million square feet of new management assignments, of which 850,000 square feet are located on the West Coast, according to Jim Rosten, president of KWP.

NORWALK, CA - February 02, 2009 - (RealEstateRama) — Following its carefully constructed three-year asset disposition plan, Kennedy Wilson Multifamily Management Group (KW Multifamily) has sold The Courtyards, a 153-unit apartment community at 12401 Studebaker Road in Norwalk, CA. KW Multifamily is a division of the Beverly Hills-based international real estate services and investment company Kennedy Wilson.