An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Kennedy Wilson and Haseko Acquire Two Multifamily Communities in Vancouver, Washington for $90 Million - A real estate fund managed by Kennedy Wilson has partnered with Haseko to acquire The Farmstead and Villas at 28th Street communities in Vancouver, Washington. The transaction totals 350 multifamily units purchased for $90 million. The communities contain diverse floor plans, secured gated access, fitness centers, dog parks, pickleball court, pet wash stations, natural green space, and walking trails, providing a comprehensive living experience. The companies aim to leverage their long-term experience in investing in multifamily units across the Pacific Northwest through institutional asset management practices. With an increased presence in the mainland U.S., the joint venture presents an opportunity for sustained growth, expansion, and commitment to diversification.
Kennedy Wilson e Haseko acquisiscono due comunità multifamiliari a Vancouver, Washington, per 90 milioni di dollari - Un fondo immobiliare gestito da Kennedy Wilson si è associato a Haseko per acquistare le comunità di Farmstead e Villas alla 28th Street a Vancouver, Washington. La transazione comprende l'acquisto di 350 unità abitative per un totale di 90 milioni di dollari. Le comunità offrono una varietà di piantine degli appartamenti, accesso controllato con cancelli, centri fitness, parchi per cani, campo da pickleball, stazioni di lavaggio per animali domestici, spazi verdi naturali e sentieri pedonali, garantendo un'esperienza abitativa completa. Le aziende mirano a sfruttare la loro lunga esperienza nell'investimento in unità multifamiliari nel nord-ovest del Pacifico attraverso pratiche di gestione patrimoniale istituzionale. Con una presenza crescente nel continente americano, la joint venture rappresenta un'opportunità per una crescita sostenuta, espansione e impegno verso la diversificazione.
Kennedy Wilson y Haseko adquieren dos comunidades multifamiliares en Vancouver, Washington por 90 millones de dólares - Un fondo de bienes raíces gestionado por Kennedy Wilson se ha asociado con Haseko para adquirir las comunidades de The Farmstead y Villas en 28th Street en Vancouver, Washington. La transacción totaliza 350 unidades multifamiliares compradas por 90 millones de dólares. Las comunidades incluyen diversos planes de piso, acceso controlado con puertas, centros de fitness, parques para perros, cancha de pickleball, estaciones de lavado de mascotas, espacios verdes naturales y senderos para caminar, proporcionando una experiencia de vida integral. Las compañías buscan aprovechar su experiencia de largo plazo en inversiones en unidades multifamiliares a través del noroeste del Pacífico mediante prácticas de gestión de activos institucionales. Con una presencia aumentada en el territorio continental de EE. UU., la empresa conjunta representa una oportunidad para el crecimiento sostenido, expansión y compromiso con la diversificación.
케네디 윌슨과 하세코, 워싱턴주 밴쿠버에 위치한 두 아파트 단지를 9천만 달러에 인수 - 케네디 윌슨이 관리하는 부동산 펀드가 하세코와 파트너십을 맺고 워싱턴주 밴쿠버에 있는 The Farmstead와 Villas at 28th Street 커뮤니티를 인수했습니다. 이 거래에는 총 350개의 다가구 주택이 9천만 달러에 구매되었습니다. 이 커뮤니티들은 다양한 평면도, 보안 게이트 출입, 피트니스 센터, 개 공원, 피클볼 코트, 반려동물 세척 스테이션, 자연 녹지 공간, 산책로를 포함하여 포괄적인 생활 경험을 제공합니다. 이 회사들은 기관 자산 관리 관행을 통해 태평양 북서부에서 다가구 유닛 투자에서의 장기 경험을 활용할 것을 목표로 합니다. 미국 본토에서의 존재감이 증가함에 따라, 이 합작 투자는 지속 가능한 성장, 확장 및 다양화에 대한 헌신을 위한 기회를 제시합니다.
Kennedy Wilson et Haseko acquièrent deux communautés multifamiliales à Vancouver, Washington pour 90 millions de dollars - Un fonds immobilier géré par Kennedy Wilson s'est associé à Haseko pour acquérir les communautés de The Farmstead et des Villas at 28th Street à Vancouver, Washington. La transaction porte sur l'achat de 350 unités multifamiliales pour un montant total de 90 millions de dollars. Les communautés comprennent divers plans d'étage, un accès sécurisé, des centres de fitness, des parcs pour chiens, un terrain de pickleball, des stations de lavage pour animaux, des espaces verts naturels et des sentiers pédestres, offrant une expérience de vie complète. Les entreprises visent à tirer parti de leur expérience de longue date dans l'investissement dans des unités multifamiliales à travers le nord-ouest du Pacifique par des pratiques de gestion d'actifs institutionnels. Avec une présence accrue sur le continent américain, la coentreprise présente une opportunité pour une croissance durable, une expansion et un engagement envers la diversification.
Kennedy Wilson und Haseko erwerben zwei Mehrfamilienhausanlagen in Vancouver, Washington für 90 Millionen Dollar - Ein von Kennedy Wilson verwalteter Immobilienfonds hat sich mit Haseko zusammengetan, um die Gemeinschaften The Farmstead und Villas at 28th Street in Vancouver, Washington zu erwerben. Die Transaktion umfasst den Kauf von 350 Wohneinheiten für insgesamt 90 Millionen Dollar. Die Gemeinschaften bieten unterschiedliche Grundrisse, gesicherten Zugang, Fitnesszentren, Hundeparks, Pickleball-Plätze, Haustierwaschstationen, natürliche Grünflächen und Wanderwege und bieten ein umfassendes Wohnkonzept. Die Unternehmen beabsichtigen, ihre langjährige Erfahrung in der Investition in Mehrfamilienhäuser im Pazifischen Nordwesten durch institutionelle Vermögensverwaltungspraktiken zu nutzen. Mit einer verstärkten Präsenz im amerikanischen Festland bietet das Joint Venture eine Möglichkeit für anhaltendes Wachstum, Expansion und Engagement für Diversifikation.
Positive
Real estate fund managed by Kennedy Wilson and Haseko partners to acquire two multifamily communities
The transaction amounts to a total of 350 multifamily units, purchased for $90 million
Communities contain diverse floor plans, secured gated access, fitness centers, dog parks, a pickleball court, pet wash stations, natural green space, and walking trails
Companies aim to leverage their long-term experience in investing in multifamily across the Pacific Northwest through institutional asset management practices
Increased presence in the mainland U.S. opens opportunity for sustained growth, expansion, and commitment to diversification
Negative
None.
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--
A real estate fund managed by Kennedy Wilson has partnered with Haseko Corporation to acquire The Farmstead and Villas at 28th Street communities in Vancouver, Washington. The portfolio, which totals 350 multifamily units, was acquired for $90 million. The two newly constructed, amenity rich communities build on Kennedy Wilson’s significant multifamily presence in the Pacific Northwest that is currently approaching 13,000 market rate and affordable apartment units.
The Farmstead (Photo: Business Wire)
“This transaction furthers our corporate goal of growing our investment management platform alongside great strategic partners while leveraging our long-term experience of investing in multifamily across the Pacific Northwest,” said William McMorrow, Chairman and CEO of Kennedy Wilson. “Building on our 30-year history in Japan, we are thrilled to close our first joint venture with Haseko, an organization that shares our investment values as well as our focus on institutional asset management practices.”
“This is a landmark achievement in our growth strategy within the mainland U.S., solidified through our new partnership with Kennedy Wilson. While our presence in Hawaii has been longstanding, our renewed venture into the mainland U.S. began in 2019, primarily in collaboration with developers linked to Japan. To begin with, we are striving to reach $100 million in annual profit, it is imperative for us to collaborate with local investors like Kennedy Wilson. This strategic partnership not only expands our investment platform but also underscores our commitment to diversification, and sustainable growth," said Kain Matsumoto, Chairman and President of Haseko North America, Inc.
“Despite the volatile capital markets, we remain committed to investing in the U.S. multi-family sector. We would like to thank the team at Kennedy Wilson for a smooth closing and look forward to expanding our footprint of existing and ground-up projects across the U.S.,” said Laurie Mathers, Head of Investment and Asset Management of Haseko North America, Inc.
The recently completed communities feature diverse floor plans across three different product types as well as expansive amenities, including secure gated access, fitness centers, dog parks, a pickle ball court, pet wash stations, natural green space, and walking trails. Located off Interstate 205, the communities sit within five minutes of each other and within 10 minutes of Portland, Oregon, providing residents with connectivity and immediacy to the area’s high-quality employers, sought-after recreation, and popular eateries.
Vancouver’s strong market fundamentals and population growth of 21% since 2010 have been driven by the expanding of the Vancouver Waterfront, the revitalization of downtown, and a favorable business climate that includes zero corporate or personal income tax.
About Kennedy Wilson
Kennedy Wilson is a leading global real estate investment company. The company owns, operates, and invests in real estate through the balance sheet and through an investment management platform in the United States, United Kingdom, and Ireland. Kennedy Wilson primarily focuses on multifamily and office properties as well as industrial and debt investments in the investment management business. For more information on Kennedy Wilson, please visit: www.kennedywilson.com.
Special Note Regarding Forward-Looking Statements
Statements in this press release that are not historical facts are “forward-looking statements” within the meaning of U.S. federal securities laws. These forward-looking statements are estimates that reflect our management’s current expectations, are based on our current estimates, expectations, forecasts, projections and assumptions that may prove to be inaccurate and involve known and unknown risks. Accordingly, our actual results, performance or achievement, or industry results, may differ materially and adversely from the results, performance or achievement, or industry results, expressed or implied by these forward-looking statements, including for reasons that are beyond our control. Some of the forward-looking statements may be identified by words like “believes”, “expects”, “anticipates”, “estimates”, “plans”, “intends”, “projects”, “indicates”, “could”, “may” and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. We assume no duty to update the forward-looking statements, except as may be required by law.
Who acquired The Farmstead and Villas at 28th Street communities in Vancouver, Washington?
A real estate fund managed by Kennedy Wilson partnering with Haseko
How many multifamily units were acquired, and for how much?
A total of 350 multifamily units were purchased for $90 million
What amenities do The Farmstead and Villas at 28th Street communities offer?
Communities feature diverse floor plans, secured gated access, fitness centers, dog parks, a pickleball court, pet wash stations, natural green space, and walking trails
What is the aim of the partnership between Kennedy Wilson and Haseko ?
To leverage their long-term experience investing in multifamily across the Pacific Northwest through institutional asset management practices
What opportunity does the increased presence in the mainland U.S. present for the companies?
The increased presence opens opportunity for sustained growth, expansion, and commitment to diversification
