It was announced yestersday that Kennedy Wilson, international real estate investment and services firm, and its partners acquired Bellavista at Hilltop. The property is a 1,008-unit multi-family community in San Pablo, CA. The property was purchased for $140.5 million and is the largest single multi-family asset transaction in the U.S. thus far in 2011. The transaction also represents the largest single multi-family asset acquisition in Kennedy Wilson's history.
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