KW News and Press, Kennedy-Wilson Holdings Inc. From 06/20/23

2023-06-20 07:24:17 ET Summary Prem Watsa's 13F portfolio value decreased from $4.02B to $1.75B, primarily due to Atlas Corp.'s "take private" transaction. The top three positions are Micron Technology, Kennedy-Wilson, and Blackberry, accounting for ~38% of the entire 13F portfoli...

2023-06-20 03:06:00 ET Summary The St. Joe Company's recent financial performance has been mixed, with declines in average revenue per homesite sold and overall profits. Shares of the company are expensive on an absolute basis and relative to similar firms, making it a less attrac...

2023-06-09 10:30:30 ET Kennedy-Wilson ( NYSE: KW ), a real estate investment firm, and certain affiliates of Fairfax Financial Holdings ( OTCPK:FRFHF ) have closed on the purchase of an initial tranche of loans as part of a $5.7B loan portfolio acquisition from Pacific Weste...

Off-market transaction will expand Kennedy Wilson’s national footprint and debt investment platform by initially adding over $2 billion to fee-bearing capital Representing one of the first significant real estate debt transactions in this market cycle, global real estate investme...

(Unless otherwise provided herein, all dollar amounts in this announcement are expressed in U.S. dollars.) TORONTO, June 05, 2023 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (TSX:FFH and TSX:FFH.U) is pleased to announce that it has agreed with Kennedy-Wilson Holdings, Inc. (&#...

2023-06-03 07:27:26 ET Summary PacWest Bancorp experienced extreme volatility in May but has shown positive progress since my previous BUY recommendation. PACW sold a real estate loan portfolio to Kennedy Wilson, strengthening regulatory capital ratios but eroding common equity. ...

2023-05-29 09:00:00 ET Summary U.S. equity markets hovered around nine-month highs this past week as surprisingly solid economic data and earnings reports offset pressures from hawkish central bank rhetoric and a debt ceiling stalemate. Posting its highest end-of-week close since ...

2023-05-24 08:38:31 ET PacWest Bancorp ( NASDAQ: PACW ) stock drove as much as 9.8% in Wednesday premarket trading after the struggling regional lender struck a deal to offload its property lending arm, Civic Financial Services (CIVIC), to real estate financing company Roc360 ...

2023-05-23 14:29:09 ET Shares of Los Angeles-based lender PacWest Bancorp (NASDAQ: PACW) traded nearly 13% higher as of 1:49 p.m. ET today, as the bank continued to rally after announcing a loan portfolio sale yesterday. In a regulatory filing, PacWest announced that it had ente...

2023-05-23 10:56:24 ET Summary Kennedy-Wilson Holdings, Inc. and PacWest Bancorp have agreed upon a win-win transaction, providing stability and liquidity for the latter and upside for the former. Kennedy-Wilson will purchase $2.6 billion worth of real estate construction loans fr...