Kennedy Wilson

Dune Real Estate Partners Announces Promotions

Retrieved on: 
Tuesday, March 19, 2024
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, College, Mathematics, Real estate, Associate, Business, Consultant, Risk, Georgetown University, Walton Street Capital, Acquisition, Science, Kennedy Wilson, University, Holy Cross, Investment, Analytics, Language, Accounting, Real estate development, Economics, Ross School of Business, Management

Prior to that, Mr. Chan worked for Berkeley Partners, a real estate investment and operating firm which specializes in light industrial real estate, from 2009 to 2010.

Key Points: 
  • Prior to that, Mr. Chan worked for Berkeley Partners, a real estate investment and operating firm which specializes in light industrial real estate, from 2009 to 2010.
  • Prior to joining Dune in 2019, Ms. Scieszka was an Associate at Walton Street Capital focused on the acquisition of commercial real estate.
  • Prior to joining Dune in early 2019, Mr. McLaughlin was a Consultant on the Real Estate Valuation team at Deloitte where he advised clients to effectively procure, manage, and value investments in real estate to maximize returns and reduce risk.
  • Prior to joining Dune in 2021, Mr. Hassid worked in numerous investment capacities at Kennedy Wilson (NYSE: KW), a global real estate investment company that owns, operates and invests in real estate located in the Western United States, the United Kingdom and Ireland.

Industry Expert, Marc Heenan Joins RCN Capital as New Managing Director of Growth and Strategy

Retrieved on: 
Monday, October 30, 2023
First Citizens Bank of South Carolina, Head, OneWest Bank, Kennedy Wilson, Bank, RCN, Merrill (company), Real estate, Growth

SOUTH WINDSOR, Conn., Oct. 30, 2023 /PRNewswire/ -- RCN Capital , a leading nationwide private lender specializing in providing financing for real estate investors, has announced that real estate finance industry expert, Marc Heenan will be joining the company as its new Managing Director, Growth and Strategy.

Key Points: 
  • SOUTH WINDSOR, Conn., Oct. 30, 2023 /PRNewswire/ -- RCN Capital , a leading nationwide private lender specializing in providing financing for real estate investors, has announced that real estate finance industry expert, Marc Heenan will be joining the company as its new Managing Director, Growth and Strategy.
  • In his role at RCN Capital, Mr. Heenan will be responsible for evaluating new loan products and leading channel opportunities to propel the company's efforts to provide cutting-edge financing options for real estate investors.
  • Additionally, Mr. Heenan will work to identify and develop new strategic partnerships that benefit RCN and its clients.
  • "I am excited to join RCN Capital, a company that I have long admired for its ability to provide creative financing solutions and best-in-class service to its customers, regardless of market cycle, said Marc Heenan, new Managing Director of Growth and Strategy.

Kennedy Wilson Announces Retirement of Mary Ricks as President and Transition Plan

Retrieved on: 
Thursday, September 14, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Kennedy Wilson, Executive, Partnership, PRS, KWW, Strategic planning, Diversity, KW, Inclusion, Woman, NYSE, Management, Renewable energy, EU

Global real estate investment company Kennedy Wilson (NYSE: KW) today announced that after 33 years of dedicated service, Mary Ricks has decided to retire as President of Kennedy Wilson and as Director on the company’s Board.

Key Points: 
  • Global real estate investment company Kennedy Wilson (NYSE: KW) today announced that after 33 years of dedicated service, Mary Ricks has decided to retire as President of Kennedy Wilson and as Director on the company’s Board.
  • Mary will serve as a consultant to Kennedy Wilson to aid in the transition.
  • I am very grateful to Bill for the opportunity and for our friendship and partnership over these many years.”
    Concurrently, former Executive Vice President Matt Windisch was promoted to President of Kennedy Wilson.
  • Former Head of UK Mike Pegler, who has been with Kennedy Wilson for nearly a decade, will also assume a new role as President of Kennedy Wilson Europe.

Kennedy Wilson Acquires First Tranche of $5.7 Billion Loan Portfolio From Pacific Western Bank

Retrieved on: 
Friday, June 9, 2023
Professional Services, Finance, Construction & Property, Asset Management, REIT, Banking, Kennedy Wilson, KW, FFH, Uncertainty, TSX, Growth, Sale, Housing, Fairfax Financial, PacWest Bancorp, Acquisition, NYSE, Bank

Representing one of the first significant real estate debt transactions in this market cycle, global real estate investment company Kennedy Wilson (NYSE: KW) has closed on the initial tranche of loans as part of a $5.7 billion loan portfolio acquisition from Pacific Western Bank.

Key Points: 
  • Representing one of the first significant real estate debt transactions in this market cycle, global real estate investment company Kennedy Wilson (NYSE: KW) has closed on the initial tranche of loans as part of a $5.7 billion loan portfolio acquisition from Pacific Western Bank.
  • The first tranche of loans acquired by Kennedy Wilson and certain controlled affiliates of Fairfax Financial Holdings Limited (collectively, “Fairfax") (TSX:FFH and FFH.U), a long-time partner of Kennedy Wilson, totaled $3.25 billion in total commitments and $1.8 billion in current principal balance.
  • In its role as asset manager, Kennedy Wilson will earn customary fees and will have an ownership of 5% in the Loan Portfolio.
  • The company is also finalizing arrangements with Pacific Western Bank for certain employees that originated and currently manage the Loan Portfolio to join the Kennedy Wilson team.

Kennedy Wilson’s Debt Platform Crosses $3 Billion in Originations

Retrieved on: 
Wednesday, December 14, 2022
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, NYSE, KW, Kennedy Wilson, Commercial property, Bank

Global real estate investment company Kennedy Wilson (NYSE: KW) announces that its real estate debt investment platform surpassed $3 billion in originations in just over two years, with a strong pipeline of new origination opportunities heading into 2023.

Key Points: 
  • Global real estate investment company Kennedy Wilson (NYSE: KW) announces that its real estate debt investment platform surpassed $3 billion in originations in just over two years, with a strong pipeline of new origination opportunities heading into 2023.
  • Kennedy Wilson launched its debt platform in 2020 and subsequently expanded it into Europe in mid-2021, with a target of $6 billion in total loan investments.
  • Kennedy Wilsons debt platform is the latest venture in the companys long history of debt investment activity.
  • Together with its partners, Kennedy Wilson has completed over $9 billion in real estate related debt investments since 2010.

NAREIM Announces Jeff Barclay Fellows Class of 2022

Retrieved on: 
Tuesday, October 18, 2022
Commercial Building & Real Estate, Construction & Property, Professional Services, Finance, Zero, New York University Stern School of Business, Sidley Austin, AREIT, Specialization, Property technology, Partner, Architecture, University of Wisconsin–Madison, Hospital, Intelligence, MBA, Multimedia, Executive, Pei, University, Goldman Sachs, Columbia University, Learning, Wilber F. Breslin Center for Real Estate Studies, JD, Industry, Blockchain, MIT, Kennedy Wilson, Association, Mentorship, Real estate, Carbon, Massachusetts Institute of Technology, Travel, Center, Cooper Union, Parable of those who associate partners with God, Benchmarking, Property management, Interior design, Management, Commercial property, Northwestern, Science, Dialogue, New York University

NAREIM, the industry association dedicated to the business of real estate investment management, is pleased to announce its 2022-2023 class of Jeff Barclay Fellows.

Key Points: 
  • NAREIM, the industry association dedicated to the business of real estate investment management, is pleased to announce its 2022-2023 class of Jeff Barclay Fellows.
  • The class of 2022-2023 is the most talented group of Fellows yet, selected from the strongest and largest pool of nominations to date.
  • The five members of the 2022-2023 class of Jeff Barclay Fellows are:
    Annie Yan Bailey, Columbia University.
  • Named after the late Jeff Barclay, former NAREIM chairman, Managing Director and Head of Acquisition for Clarion Partners, and head of Goldman Sachs' real estate group, the NAREIM Jeff Barclay Fellows award affords a unique learning and networking opportunity to attend the Executive Officer Meeting as well as other NAREIM departmental meetings through the year, and the chance to be published in Dialogues magazine.

Kennedy Wilson Releases 2021 Environmental, Social, and Governance (ESG) Report

Retrieved on: 
Thursday, August 4, 2022
Environmental, Social and Governance (ESG), Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Industry, NYSE, CEO, Board, Director, Achievement, ESG, KW, Global Sustainability Assessment System, Kennedy Wilson, Organization, Audit, Social

Global real estate investment company Kennedy Wilson (NYSE:KW) has released its 2021 Environmental, Social, and Governance (ESG) Report.

Key Points: 
  • Global real estate investment company Kennedy Wilson (NYSE:KW) has released its 2021 Environmental, Social, and Governance (ESG) Report.
  • As discussed in the 2021 report, Kennedy Wilson also continues to expand social impact investing activities and build a diverse workforce while providing much-needed support to charitable organizations.
  • This report represents the core values we have maintained for many decades at Kennedy Wilson building strong relationships and positively impacting the communities where we live and work.
  • These values weave throughout everything we do at Kennedy Wilson and will continue to serve as a key to our success.

Intercontinental Real Estate Corporation and Kennedy Wilson Acquire 877,648-square-foot Industrial Park in Stockton, CA

Retrieved on: 
Thursday, July 28, 2022
Commercial Building & Real Estate, Construction & Property, REIT, CA, List of highways numbered 4, Acquisition, Sale, State, SEC, NYSE, Stockton Metropolitan Airport, Port of Stockton, Industrial park, Geography, Intermodal transport, Multimedia, Kennedy Wilson, Cushman, Intercontinental, Port, I-80, I-5, CBRE, KW, State highway, Intercontinental Real Estate Corporation, Growth, Certified Commercial Investment Member, Airline, Financial services, Renewable energy, Commercial property, Real estate

Intercontinental Real Estate Corporation (Intercontinental) in joint venture with Kennedy Wilson has acquired Stockton Industrial Park, an 877,648-square-foot manufacturing and distribution facility in Stockton, CA, for $84 million.

Key Points: 
  • Intercontinental Real Estate Corporation (Intercontinental) in joint venture with Kennedy Wilson has acquired Stockton Industrial Park, an 877,648-square-foot manufacturing and distribution facility in Stockton, CA, for $84 million.
  • Stockton Industrial Park represents Intercontinentals 35th industrial acquisition, bringing the Boston-based private equity real estate firms holdings to more than 11 million square feet of industrial space.
  • Intercontinental Real Estate Corporation is an SEC Registered Investment Adviser with decades long experience in real estate investment, finance, development, construction management and asset management.
  • Since 1959, Intercontinental and its affiliates have managed, developed, or owned collectively over $21 billion in real estate property.

Kennedy Wilson Industrial Platform Acquires $287 Million Urban Logistics Portfolio From Leftfield

Retrieved on: 
Tuesday, May 31, 2022
Professional Services, Transport, Logistics, Supply Chain Management, Commercial Building & Real Estate, Finance, Construction & Property, Multimedia, Kennedy Wilson, Sale, KW, United Kingdom, Industry, Acquisition, AUM, NYSE, Ownership, Achievement, CEO, Bank

Global real estate investment company Kennedy Wilson (NYSE: KW) has acquired a high-quality, diversified portfolio of 20 UK urban logistics assets totalling 1.3 million square feet, via an off-market transaction with UK logistics specialist, Leftfield, for $287 million.

Key Points: 
  • Global real estate investment company Kennedy Wilson (NYSE: KW) has acquired a high-quality, diversified portfolio of 20 UK urban logistics assets totalling 1.3 million square feet, via an off-market transaction with UK logistics specialist, Leftfield, for $287 million.
  • Kennedy Wilson has a 20% ownership in the portfolio and invested $24 million of equity in the transaction.
  • View the full release here: https://www.businesswire.com/news/home/20220531005170/en/
    Kennedy Wilson Acquires $287 Million Urban Logistics Portfolio in the UK (Photo: Business Wire)
    The industrial properties are situated in strong urban logistics locations across the UK, including London and the South East, Yorkshire and the Midlands.
  • This acquisition provides access to a diversified portfolio of strategically located urban logistics assets, said Mike Pegler, Head of UK for Kennedy Wilson.

Kennedy Wilson Signs Lease With New Tenant to Fully Occupy New Ten Hanover Quay Office Development in Dublin, Ireland

Retrieved on: 
Friday, April 1, 2022
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Sentinel, Gold, National Asset Management Agency, Heart, Sculpture, Tenant, Multimedia, NYSE, LEED, NAMA, Dublin Docklands, Kennedy Wilson, KW, Achievement, OMP, Capital Dock, Sisk Group, WiredScore, Industry, ISO, Acquisition, WELL, Property management, Self storage, Docklands

Following the new lease, Ten Hanover Quay is expected to generate a yield on cost of in excess of 6%.

Key Points: 
  • Following the new lease, Ten Hanover Quay is expected to generate a yield on cost of in excess of 6%.
  • The development has leading sustainability credentials, including Gold certifications across LEED, WELL and WiredScore and thoughtful placemaking and community engagement.
  • We are very excited to lease Ten Hanover Quay, completing our cutting-edge Capital Dock campus, with its fantastic public amenities, innovative placemaking and recently accredited ISO certifications, said Ali Rohan, Head of Ireland at Kennedy Wilson.
  • The Ten Hanover Quay property dates to the 1780s, when it originally served as a warehouse and stables.