Originally founded in 1824, the Five Star landmark Shelbourne Hotel is located in Dublin’s prime Central Business District on St. Stephen’s Green and is comprised of 265 rooms, including 19 suites. Additionally, there are 12 meeting rooms, two bars, a restaurant, and a health club which includes a newly renovated spa and swimming pool. For nearly two centuries, The Shelbourne has played a significant role in the literary, social, political, culinary and artistic traditions of Irish society.
In 2013, Kennedy Wilson and its partner purchased Clancy Quay for €82.5 million. Originally constructed in 2008, Clancy Quay consists of three phases, with the first phase comprised of 423 units and 36,000 SF of commercial space. Phases 2 and 3 includes an 8.5 acre site with planning permission for a mix of residential and commercial use.
Built in 2011, the property is located in north Renton, Washington, appealing to professionals in Bellevue, Kent Valley and downtown Seattle. It offers convenient access to the I-90 corridor, which is home to companies such as Microsoft, Costco World Headquarters, Siemens and Farmers Regional Headquarters.
The Oaks is a three-story Class A office building containing approximately 355,000 SF. Kennedy Wilson purchased The Oaks in September of 2007 with 78.6% of the building occupied. In September of 2009, during one of the country’s most challenging leasing environments, Kennedy Wilson welcomed State Farm Mutual Automobile Insurance Company to The Oaks and three months later, renewed and expanded the lease with Baxter Healthcare Corporation for over 230,000 SF in one of the largest lease transactions to be completed in Los Angeles in 2009.
Kennedy Wilson first purchased the property with a syndicate of investors in 2005, at which time the property was 100% vacant and in serious disrepair. The company then successfully executed a complete property renovation and repositioning program at the cost of $30 million. After leasing the property to stabilization, Kennedy Wilson sold its interest in the property to one of its equity partners in 2007. In 2010, the opportunity arose to repurchase the asset off-market while assuming and restructuring the existing loan.
Jim Rosten is president of the company's Property Services, which has over 70 million square feet of commercial, office, industrial and retail property under contract for management, leasing and development. Additionally, the firm manages and controls 20,000+ multifamily apartment units. Mr. Rosten oversees the company’s property service businesses across 21 offices in the U.S.
150 S. El Camino Drive is a 3-story, Class A office building located just one block south of the world-renowned intersection of Wilshire Boulevard and Rodeo Drive near the golden triangle section of Beverly Hills. After acquisition, Kennedy Wilson completed a multi-million dollar renovation of the building, including a full-scale remodel of the exterior and interior. Kennedy Wilson fully leased the building in June 2016, with the last tenant, Imagine Entertainment, taking occupancy in Q1-2017.
Constructed in 2009, The Ritz-Carlton, Lake Tahoe is the first Forbes Four-Star/AAA Five Diamond resort in the Lake Tahoe area. Nestled mid-mountain on the Northstar California Resort, the Northern California contemporary mountain retreat features slope-side ski-in, ski-out access in winter and mountain concierge services for golf, mountain biking and hiking in the summer.
Stuart Cramer is president of the company's Residential Investments, which includes for-sale housing and hospitality investments. He is responsible for acquisition, development, entitlement and asset management opportunities for this class of assets in the Western United States.
In Ku Lee is Senior Vice President, Deputy General Counsel of Kennedy Wilson. He is in charge of all of Kennedy Wilson’s public company regulatory and corporate governance matters and serves as the Chief Compliance Officer of KW Investment Adviser. Mr. Lee is also responsible for all legal aspects of Kennedy Wilson’s corporate and transaction capital raising, including public and private offerings of equity and debt.