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Global Investment Company Based in California Pays $49 Million for Apartment Community Near Salt Lake City

Kennedy Wilson Adds 222-Unit Alpine Meadows to Growing Portfolio
By Franklin Geho
CoStar Research
December 7, 2018 | 7:14 P.M.

Kennedy Wilson, a global real estate investment company, purchased a 222-unit apartment community in Sandy, Utah, from Acacia Capital Corporation. Alpine Meadows sold for $49 million, or about $221,000 per unit.

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