Kennedy Wilson, a prominent real estate investment firm, has expanded its multifamily portfolio in the Pacific Northwest by partnering with Haseko Corporation to purchase two recently constructed apartment communities in Vancouver, Washington for $90 million. These properties, The Farmstead and Villas at 28th Street, comprise a combined total of 350 units, equating to a per-unit cost of approximately $257,000. This strategic acquisition aligns with Kennedy Wilson’s growing presence in the region, now managing nearly 13,000 apartment units, both market-rate and affordable. The communities offer a range of amenities, including gated access, fitness centers, dog parks, and natural green spaces. Favorably located, these properties cater to a growing population in Vancouver, benefiting from robust market fundamentals driven by significant development projects, downtown revitalization, and an advantageous business environment characterized by the absence of corporate and personal income taxes.

Real Estate Investment, Property Management,Vancouver, Washington, United States, Pacific Northwest, United States