Kennedy Wilson Acquires Toll Brothers Apartment Development Platform for $379.6 Million
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Kennedy Wilson Holdings Inc. has acquired Toll Brothers' apartment development platform for $379.6 million. The initial phase involved a $202.8 million investment in four multifamily and student housing properties. The full transaction will include interests in 18 properties and future development sites across the U.S., with remaining closings expected in December 2025 and January 2026.
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