Global Real Estate Investment Company Kennedy Wilson Announces That Its Real Estate Debt Investment Platform More Than Doubled In Size In The Past Year And Has Reached $7B In Originations

Author: Benzinga Newsdesk | March 04, 2024 07:22am

The milestone comes on the heels of Kennedy Wilson's acquisition of a $4.1 billion loan portfolio from a regional bank in June 2023 and the subsequent integration of the bank's lending team, which strengthened real estate debt capabilities and expanded Kennedy Wilson's presence into key markets across the United States. Since the acquisition of the portfolio, the debt team has closed approximately $500 million of new loans with $1.3 billion currently expected to close by Q2 2024, focused primarily on multifamily and student housing construction lending opportunities with high-quality sponsors seeking loans in the range of $40-$200 million.

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