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Stock Market & Financial Investment News

News Breaks
October 31, 2012
08:19 EDTKWKennedy Wilson purchases Oakland apartment building for $31M
Kennedy Wilson acquired Regency Tower Apartments, a 178-unit apartment building in Oakland, CA, for $31M. Fannie Mae provided a $23.5M loan at LIBOR + 2.07% for ten years. The company invested approximately $8.8M of equity in the transaction and plans to apply the excess funds toward closing costs, renovations at the property and other expenses.
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May 7, 2013
16:37 EDTKWKennedy Wilson reports Q1 EPS (6c), consensus (14c)
Reports Q1 revenue $22.4M, consensus $14.57M.

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