Kennedy Wilson Partnership Pays $237M for Westchester Apartments

Kennedy Wilson has partnered with Kenedix, Inc. and Hulic Co., Ltd. to acquire Carraway, a 421-unit multifamily community in West Harrison, NY, for $237 million. The property has experienced strong leasing momentum, with rents increasing more than 5% over the past year, while remaining affordable relative to New York City housing alternatives. Completed in 2021...