William J. McMorrow And Taisuke Miyajima Acquire 421-Unit Multifamily Community For $237 Million

The transaction involved the acquisition of a multifamily asset consisting of 421 units located at 105 Corporate Park Drive in West Harrison, New York. The total sale price for the property amounted to $237,000,000, resulting in a per unit price of $562,945.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $237,000,000
• Units: 421
• Price Per Unit: $562,945
• Buyer: William J. McMorrow - Kennedy Wilson, Taisuke Miyajima - Kenedix & Hulic Co

Kennedy Wilson partnered with Kenedix and Hulic to complete the acquisition, thereby expanding its investment platform on the East Coast. The asset known as the Carraway multifamily community adds significant value to their portfolio.