BEVERLY HILLS, CA - Robert Hart, president and CEO of KW Multifamily Management Group, a division of international real estate investment and services company Kennedy Wilson (NYSE: KW), today announced that Kurt Zech, senior managing director of acquisitions, has relocated to the San Francisco Bay Area to open a regional office for the division. Zech will focus on originating new multifamily and condominium acquisition opportunities in Northern California, where the company already manages nine communities consisting of over 2,500 units.
"Kurt has been with Kennedy Wilson for seven years and in that time, worked on over $1 billion of major acquisitions," Hart commented. "He is a dedicated real estate professional and offers a wealth of experience and knowledge to our clients."
Kennedy Wilson has raised $1.3 billion of capital in the past 18 months, positioning the company to aggressively pursue residential investment opportunities in its core markets, including the greater Bay Area. Recent transactions include debt purchases, multifamily properties and condominiums.
Founded in 1977, Kennedy Wilson is an international real estate investment and services company headquartered in Beverly Hills, CA with 21 offices in the U.S. and Japan. The company offers a comprehensive array of real estate services including property and asset management, brokerage and auction services, and construction and trust management. Through its fund management and separate account businesses, Kennedy Wilson is a strategic investor and manager of real estate investments in the U.S. and Japan.
Source: Kennedy Wilson