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A real estate fund managed by Kennedy Wilson has acquired two multifamily communities -- Axle, a 226 multifamily community in Seattle, WA, and Denizen, a 212-unit multifamily community in Portland, OR – for a total of $110 mil.

The two newly constructed, amenity-rich communities boost Kennedy Wilson’s significant multifamily presence in the Pacific Northwest that is currently approaching 13,000 marke-rate and affordable apartment units.