Kennedy Wilson to Auction Units in Seattle's First Green Condo/Hotel
KW Auction Group attracting bidders for Olive 8 luxury condominiums
BEVERLY HILLS, Calif. (August 26, 2010) – Kennedy Wilson Auction Group, a division of international real estate investment and services company Kennedy Wilson (NYSE: KW), will conduct an auction for 34 units at Olive 8, a 22-story tower located above the Hyatt hotel in downtown Seattle. The auction will take place on Sunday, September 19, 2010 at the Hyatt.
“We are very pleased with the response that we are receiving for this auction,” stated Rhett Winchell, president of Kennedy Wilson Auction Group. “The high interest in Olive 8 is not surprising since it is Seattle’s first sustainable condominium/hotel and offers five-star amenities at affordable prices.”
Starting bids at Olive 8 are as low as $160,000 on homes previously priced from $395,000 to $1,235,000. The available one and two bedroom units provide up to 1,586 sq. ft. of living space. Amenities shared with the hotel include room service and housekeeping in addition to a pool, fitness center and yoga studio. Exclusive amenities reserved only for residents include a 24-hour concierge, club lounge with outdoor terrace, billiards and entertainment rooms and a dog run. Additionally, Olive 8 bears the distinction of being Seattle's first green condominium/hotel with a LEED Silver Certification.
Kennedy Wilson will host informational buyer seminars at 1:00 p.m. on Sunday, September 12th at the Hyatt. Further informationis availablevia the auction website at www.Olive8CondoAuction.com.
About Kennedy Wilson Auction Group
Since its inception, Kennedy Wilson Auction Group has conducted many successful auctions of condominiums and single family homes throughout the U.S., Europe and Asia. The company manages ballroom style, site-to-site and online auctions for all types of real estate. Please visit www.bidkw.com for more information about upcoming auctions.
About Kennedy Wilson
Founded in 1977, Kennedy Wilson is an international real estate investment and services company headquartered in Beverly Hills, CA with 21 offices in the U.S. and Japan. The company offers a comprehensive array of real estate services including property and asset management, brokerage and auction services, and construction and trust management. Through its fund management and separate account businesses, Kennedy Wilson is a strategic investor and manager of real estate investments in the U.S. and Japan. For further information on Kennedy Wilson, please visit www.kennedywilson.com.
