06:39 AM EDT, 06/13/2025 (MT Newswires) -- Kennedy-Wilson Holdings ( KW ) said Friday that it has partnered with Kenedix and Hulic to acquire The Danforth multifamily community in Seattle for $173 million.
The Danforth consists of 265 units in a 16-story tower constructed in 2018, the company said.
Kennedy Wilson has a 10% interest by investing $6.6 million of equity in the core plus joint venture.
The company said it will serve as an asset manager for the partnership.