Kennedy Wilson Acquires 750-Unit Multifamily Property, Seattle Metro’s Second Largest Apartment Community

BEVERLY HILLS, CA – January 14, 2011 – (RealEstateRama) — International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company and its partners have acquired Club Palisades, a 750-unit multifamily community in Federal Way, WA. The property is the second largest multifamily asset in the Seattle metro area and was purchased as an REO from a group of insurance companies.


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