Kennedy Wilson Acquires Multifamily Property In Las Vegas, Scottsdale & Albuquerque For $418M

A multifamily property located in Las Vegas, Scottsdale, and Albuquerque recently changed hands in a closed transaction. The property, consisting of 1,100 units, was sold for a total of $418,000,000. This equates to an average price per unit of $380,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $418,000,000
• Market: Las Vegas, Scottsdale & Albuquerque

The buyer in this transaction was Kennedy Wilson, represented by Shem Streeter. Kennedy Wilson is a notable investment firm that specializes in real estate acquisitions. Shem Streeter is the designated representative of Kennedy Wilson in this deal.