Company: KW
Filing Date: 2025-05-09
Form Type: 424B3
Source: 0001408100-25-000117
Chunk: 39

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-05-09
Form: 424B3
Chunk 39
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 increases the amount of assets under management. The Company also completed a deed-in-lieu transaction on a retail asset in its bridge loan portfolio that had a $14.4 million balance at the Company's share. The Company did not recognize any gain or loss as the fair value of the underlying real estate approximates the loan balance.

For the three months ended March 31, 2025 and 2024, the Company recorded a $0.5 million and $5.6 million credit loss reserve, respectively, in other income. See Note 2 for more detail on CECL reserves.

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#### Kennedy-Wilson Holdings, Inc.

### Notes to Consolidated Financial Statements
<div align='center'>(Unaudited)</div>

#### NOTE 7—OTHER ASSETS, NET
Other assets consist of the following:

|                                                                                                                                  | (Dollars in millions) |   | March 31, 2025 |     |   | December 31, 2024 |
|:---------------------------------------------------------------------------------------------------------------------------------|:----------------------|:--|---------------:|:----|:--|------------------:|
| Straight line rent receivable                                                                                                    |                       | $ |           41.4 |     | $ |              40.5 |
| Goodwill                                                                                                                         |                       |   |           23.9 |     |   |              23.9 |
| Interest rate caps and swaps                                                                                                     |                       |   |           10.6 |     |   |              12.9 |
| Prepaid expenses                                                                                                                 |                       |   |           16.7 |     |   |              14.0 |
| Hedge assets                                                                                                                     |                       |   |            1.8 |     |   |               4.9 |
| Deferred taxes, net                                                                                                              |                       |   |            6.6 |     |   |               7.0 |
| Right of use asset, net                                                                                                          |                       |   |           10.0 |     |   |              10.1 |
| Leasing commissions, net of accumulated amortization of $14.3 and $13.5 at March 31, 2025 and December 31, 2024, respectively    |                       |   |            7.9 |     |   |               7.9 |
| Furniture and equipment net of accumulated depreciation of $20.7 and $21.7 at March