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February 25, 2026

In $1.6B deal, Danforth owner Kennedy Wilson to go private

By BRIAN MILLER
Real Estate Editor

Photos via Kennedy Wilson [enlarge]
The Danforth lost its Whole Foods following last year’s sale.

International investment firm Kennedy Wilson, based in Southern California, has long been a significant presence in our market. Its most recent local deal was last summer, when it paid $173 million for the fairly new 265-unit Danforth apartments on First Hill. Not long after, in another opportunistic purchase, it nabbed the older 248-unit Pratt Park for $80 million. In both deals, it acquired the properties at a substantial discount.


 
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