US EditionKennedy Wilson Acquires 700 Multifamily Units Across Two Western Communities for $166M
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Kennedy Wilson Acquires 700 Multifamily Units Across Two Western Communities for $166M
NORTH LAS VEGAS, NEV., AND TEMPE, ARIZ. — In two separate transactions, a real estate fund managed by Kennedy Wilson has purchased Tides on Commerce in North Las Vegas and Finisterra in Tempe for a total of $166 million, excluding closing costs. The fund invested a total of $61 million of equity in these transactions. The names of the sellers were not released. Tides on Commerce offers 336 apartments and Finisterra features 356 units. The low-de…
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