Business and Finance Business and Finance
Mon, November 14, 2011
[ 07:22 AM ] - Market Wire
Superior Plus Announces Record Date for Redemptio .. .75% Convertible Debentures Due December 31, 2012
[ 07:08 AM ] - Market Wire
Espiritu Santo Jalisco Project TSX-V Approval
[ 07:03 AM ] - Market Wire
Host Hotels & Resorts, Inc. Announces Proposed Pr .. ior Notes Due 2021 by Host Hotels & Resorts, L.P.
[ 06:58 AM ] - Market Wire
Annaly Capital Management, Inc. Announces Preferred Dividends
[ 06:38 AM ] - Market Wire
Mizuho Securities USA Announces New Corporate Access Appointment
[ 06:26 AM ] - Market Wire
AES Plans to Post New Presentation on Monday, November 14, 2011
[ 06:25 AM ] - Market Wire
Bookkeeper Retires $1M Worth of Preferred Stock
[ 06:23 AM ] - Market Wire
BioMed Realty Trust Announces Public Offering Price for 22,562,922 Shares of Common Stock
[ 06:16 AM ] - Market Wire
Vidable Inc. Signs Exclusive Software Property, T .. ical Information and Trade Mark License Agreement
[ 06:15 AM ] - Market Wire
The Pier Shops at Caesars Transferred to the Mortgage Lender
[ 06:14 AM ] - Market Wire
Tripp Levy PLLC Announces Investigation of the Acquisition of Bluegreen Corp.
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MorphoSys to Present at Three Investor Conferences in November
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CalciTech Announces Merchant SCC Plant Project
[ 06:02 AM ] - Market Wire
City Holding Company and Virginia Savings Bancorp Announce Merger
[ 06:00 AM ] - Market Wire
National Philanthropy Day Meets Financial Literac .. Give the Gift of Securities and Benefit From Tax
[ 06:00 AM ] - Market Wire
Beach Business Bank Reports Earnings for the Quarter
[ 05:43 AM ] - Market Wire
InterRent REIT Results for the Third Quarter of 2011
[ 05:30 AM ] - Market Wire
Western Asset Worldwide Income Fund Inc. (aSBWa) .. istributions for the Months of December 2011, Jan
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Western Asset High Income Opportunity Fund Inc. ( .. s for the Months of December 2011, January and Fe
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Western Asset Investment Grade Defined Opportunit .. es Distributions for the Months of December 2011,
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Western Asset High Yield Defined Opportunity Fund .. ibutions for the Months of December 2011, January
[ 05:30 AM ] - Market Wire
Western Asset Mortgage Defined Opportunity Fund I .. utions for the Months of December 2011, January a
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Western Asset Managed High Income Fund Inc. (aMHY .. r the Months of December 2011, January and Februa
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Western Asset Global High Income Fund Inc. (aEHIa .. the Months of December 2011, January and Februar
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Western Asset Inflation Management Fund Inc. (aIM .. or the Months of December 2011, January and Febru
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Western Asset Variable Rate Strategic Fund Inc. ( .. unces Distributions for the Months of December 20
[ 05:30 AM ] - Market Wire
Western Asset Emerging Markets Income Fund Inc. ( .. nnounces Quarterly Distribution for December 2011
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LMP Corporate Loan Fund Inc. (aTLIa) Sets New Rat .. unces Distribution for the Month of December 2011
[ 05:24 AM ] - Market Wire
Dynex Capital, Inc. to Present at the Southwest IDEAS Investor Conference
[ 05:21 AM ] - Market Wire
Kennedy Wilson Sells $4.4M at Salt Lake City Auction

Kennedy Wilson Sells $4.4M at Salt Lake City Auction


Published on 2011-11-14 05:31:05 - Market Wire
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BEVERLY HILLS, Calif.--([ ])--International real estate investment and services firm [ Kennedy Wilson ](NYSE: KW) today announced that it offered and sold 29 condominiums at Broadway Park Lofts for $4.4 million at its Salt Lake City, UT auction on November 5, 2011.

"Kennedy Wilson succeeded by bringing the developer and the customer together in a competitive marketplace, and with the standing inventory sold, the developer can now move forward with the project."

aThese auction results demonstrate a developer overcoming the challenges in the current economic environment,a commented Rhett Winchell, president of KW Auction Group. aKennedy Wilson succeeded by bringing the developer and the customer together in a competitive marketplace, and with the standing inventory sold, the developer can now move forward with the project.a

Kennedy Wilson will auction 45 lakefront condominiums and three commercial lots at The Residences at Muskoka Wharf in the Cottage Country of Ontario, Canada on December 4. The company will also auction more than 150 bank-owned properties located in major metropolitan areas of Texas on December 10. The portfolio was previously valued at over $75 million and includes malls, retail centers, commercial buildings, homes, condos, duplexes and land parcels. For more information, please visit [ www.bidkw.com ].

About Kennedy Wilson

Founded in 1977, Kennedy Wilson is an international real estate investment and services company headquartered in Beverly Hills, CA with 23 offices in the U.S., Europe and Japan. The company offers a comprehensive array of real estate services including auction, conventional sales, property services and investment management. Through its fund management and separate account businesses, Kennedy Wilson is a strategic investor of real estate investments in the U.S., Europe and Japan. For further information on Kennedy Wilson, please visit [ www.kennedywilson.com ].

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Contributing Sources