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Kennedy Wilson Extends Seattle Holdings With Fourth Multifamily Buy

Investor Adds to Holdings in Seattle as It Reduces Nearby Bellevue Footprint
Kennedy Wilson bought the Paceline Apartments at 17202 Aurora Ave. N in Seattle for $90.3 million from Rush Cos., which developed the complex in 2018. (CoStar)
Kennedy Wilson bought the Paceline Apartments at 17202 Aurora Ave. N in Seattle for $90.3 million from Rush Cos., which developed the complex in 2018. (CoStar)

Kennedy Wilson's purchase of a 221-unit apartment complex just north of Seattle marks the California investor's fourth acquisition in the region in the past six months as it rebalances its portfolio there.

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