Real estate investment and services firm Kennedy Wilson. (KW), on Friday announced the acquisition of Harrington Square, a 217-unit multifamily community in Renton, Washington for $41 million.
Kennedy Wilson will invest $15 million of equity in the transaction with the remaining, $26 million, financed by Fannie Mae at 3.35 percent, fixed for ten years.
With the acquisition, the company now owns nine apartment communities in the Pacific Northwest market, which total more than 3,000 units, Kennedy Wilson said in a statement.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.