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Stock impact report

How Kennedy-Wilson is incorporating Toll Brothers' development platform [Yahoo! Finance]

Kennedy-Wilson Holdings Inc. (KW) 
Last kennedy-wilson holdings inc. earnings: 2/26 04:35 pm Check Earnings Report
US:NYSE Investor Relations: ir.kennedywilson.com
Company Research Source: Yahoo! Finance
Kennedy-Wilson Holdings hasn't lacked for activity lately. Before the February announcement that the Beverly Hills, California-based real estate investment company was being sold to a consortium led by William McMorrow, the company's chairman and CEO, as well as other senior executives and Fairfax Financial Holdings Limited, it made a landmark deal last year by acquiring the Toll Brothers Apartment Living platform. As part of the transaction, Kennedy-Wilson bought Toll's general interest in 18 apartment and student housing properties, totaling $2.2 billion of assets under management, and a pipeline of 29 sites in various stages of development, which could be worth approximately $3.6 billion if completed. And, not to be overshadowed, it brought aboard the Fort Washington, Pennsylvania-based homebuilder's in-house development team, which includes John McCullough, now president of Kennedy-Wilson's Multifamily Development Group. At Toll, he led a national platform with a 40,000-plu Show less Read more
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