Business
Kennedy Wilson to Acquire Toll Brothers’ Apartment Living Platform for $347 Million, Adding Over $5 Billion of Assets Under Management
BEVERLY HILLS, Calif. & FORT WASHINGTON, Pa., September 18, 2025--Global real estate investment company Kennedy Wilson (NYSE: KW) and Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, announced today that Kennedy Wilson has agreed to acquire Toll Brothers’ Apartment Living platform, including its in-house development team and its interests in a portfolio of completed properties and assets under development, for a total purchase price of $347 million. The transaction
About this update from Toll Brothers, Inc.
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