Kennedy Wilson Sells $6.6M at Seattle Auction

Kennedy Wilson Sells $6.6M at Seattle Auction BEVERLY HILLS, CA - International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company offered and sold 20 units, generating $6.6 million of sales, at its Sunday, November 14th auction of luxury condominiums at The Fairview at Harbour Pointe. The auction was held at the Lynnwood Convention Center near downtown Seattle, and approximately 225 people attended the auction.

"We are very pleased to represent such an outstanding resort-style development," commented Rhett Winchell, president of Kennedy Wilson Auction Group. "The luxury condominium home shopper makes up approximately 50% of our auction buyers, and this auction is Kennedy Wilson's seventh successful offering within the last 90 days reaching both coasts."

The Fairview at Harbour Pointe is a master planned community located in Mukilteo, Washington, which is just 20 minutes from Seattle and recently named among the Top 10 Best Places to Live by Residents at The Fairview enjoy panoramic views of Puget Sound and the Olympic Mountains as well as easy access to Harbour Pointe Golf Course, top rated by Golf Digest magazine. The Built Green™ condominiums feature lodge style architecture, open floor plans, 10-ft. ceilings and a variety of community amenities.

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

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