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Jun 30, 2023
Kennedy-Wilson Q2 2023 Earnings Report
Reported significant growth in investment management business and progress in developments.
Key Takeaways
Kennedy Wilson reported a strong second quarter with a 32% quarterly growth in fee-bearing capital, driven by the acquisition of a loan portfolio from Pacific Western Bank. Adjusted EBITDA increased by 65% to $195.1 million.
Adjusted EBITDA increased by 65% to $195 million.
Fee-Bearing Capital grew by 32% to $7.9 billion.
The company completed construction of the 82-acre Kona Village resort.
Acquired a $4.1 billion loan portfolio from Pacific Western Bank, increasing Fee-Bearing Capital by $1.9 billion.
Kennedy-Wilson
Kennedy-Wilson
Kennedy-Wilson Revenue by Segment
Revenue by Segment
Rental Revenue
CapyFin.comHotel Revenue
CapyFin.com Forward Guidance
Kennedy Wilson is focused on expanding its real estate debt business and pursuing equity and debt opportunities across the real estate capital structure.
Revenue & Expenses
Visualization of income flow from segment revenue to net income