06:25 AM EDT, 06/27/2025 (MT Newswires) -- Kennedy-Wilson (KW) said Friday that a real estate fund it manages has acquired two apartment complexes in the US Southwest for $166 million.

The acquisitions, conducted in separate transactions, include the 336-unit Tides on Commerce in North Las Vegas, Nevada, and the 356-unit Finsterra in Tempe, Arizona.

The fund invested $61 million of equity in acquisitions, the property management firm said.

Kennedy-Wilson said it has an interest of about 14% interest in the commingled fund that acquired the two properties.