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Kennedy-Wilson Acquires Toll Brothers’ Apartment Platform

Story Highlights
  • Kennedy Wilson will acquire Toll Brothers’ apartment platform for $347 million, adding over $5 billion in assets.
  • The transaction enhances Kennedy Wilson’s capabilities and forms a strategic alliance with Toll Brothers for future investments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kennedy-Wilson Acquires Toll Brothers’ Apartment Platform

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Kennedy-Wilson ( (KW) ) just unveiled an announcement.

On September 18, 2025, Kennedy Wilson announced an agreement to acquire Toll Brothers’ apartment development platform for $347 million, with the transaction expected to close in the fourth quarter of 2025. This acquisition will add over $5 billion of assets under management to Kennedy Wilson, including interests in 18 apartment and student housing properties and a pipeline of 29 development sites. The transaction will enhance Kennedy Wilson’s investment management platform and multifamily development capabilities, while Toll Brothers will focus on its core homebuilding business. The deal also establishes a strategic alliance between the two companies for future investment opportunities in rental and for-sale housing.

The most recent analyst rating on (KW) stock is a Hold with a $8.50 price target. To see the full list of analyst forecasts on Kennedy-Wilson stock, see the KW Stock Forecast page.

Spark’s Take on KW Stock

According to Spark, TipRanks’ AI Analyst, KW is a Neutral.

Kennedy-Wilson’s overall stock score reflects a mixed financial performance with high leverage and declining profitability, offset by strong cash flow improvements. Positive technical indicators and strategic achievements in the earnings call contribute to a moderately favorable outlook, despite valuation challenges.

To see Spark’s full report on KW stock, click here.

More about Kennedy-Wilson

Kennedy Wilson is a leading real estate investment company with $30 billion of assets under management in high growth markets across the United States, the UK, and Ireland. The company excels at identifying opportunities and building value through market cycles, owning, operating, and building real estate within its high-quality portfolio and investment management platform. Toll Brothers, Inc. is the nation’s leading builder of luxury homes, operating in over 60 markets across 24 states. Toll Brothers Apartment Living is the apartment development division of Toll Brothers, known for its quality, luxury, and service in rental and mixed-use communities.

Average Trading Volume: 874,447

Technical Sentiment Signal: Sell

Current Market Cap: $1.19B

Learn more about KW stock on TipRanks’ Stock Analysis page.

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