A joint venture led by global real estate specialist Kennedy Wilson has purchased the Carraway housing development in Westchester County for $237 million. The 421-unit Class A residential site in West Harrison was bought alongside Japanese partners Kenedix and Hulic. Situated 25 miles north of Manhattan, the complex features a mix of flats, structured parking and ground-floor retail units.
Kennedy Wilson has partnered with Dutch pension investor APG to form a 2 billion euro residential joint venture in Ireland. The platform will manage and develop over 3,400 private rented homes across Dublin. This includes taking a minority stake in the Cherrywood portfolio and building 2,300 new units on brownfield sites, increasing Kennedy Wilson's managed Irish portfolio to 6,900 homes.
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