Company: KW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001408100-25-000179
Chunk: 243

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 243
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 more detail.Distributions from Joint Ventures    The following table details cash distributions by investment type and geographic location for the nine months ended September 30, 2025:MultifamilyCommercialFundsResidential, Hotel and OtherTotal(Dollars in millions)OperatingInvestingOperatingInvestingOperatingInvestingOperatingInvestingOperatingInvestingWestern U.S.$28.8 $168.6 $6.5 $— $0.4 $1.3 $0.7 $131.2 $36.4 $301.1 Ireland6.0 0.1 5.6 — — — — — 11.6 0.1 United Kingdom— — — 1.2 — 0.6 7.3 1.8 7.3 Total$34.8 $168.7 $12.1 $— $1.6 $1.3 $1.3 $138.5 $49.8 $308.5 Operating distributions resulted from operating cash flow generated by the joint venture investments that have been distributed to the Company. Investing distributions related to: (i) recapitalization of a multifamily portfolio consisting of nine (9) properties, totaling 2,809 units, reducing the Company's ownership from 51% to 10%; (ii) recapitalization of a portion of the Company's interest in Kona Village, (iii) receipt of excess proceeds from multifamily properties that were refinanced, (iv) the payoff of a loan in the Company's European debt platform and (v) the redemption of our interests in certain hedge funds.Income (Loss) from Unconsolidated Investments    The following table presents income (loss) from unconsolidated investments recorded by Kennedy Wilson during the three and nine months ended September 30, 2025 and 2024:

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Kennedy-Wilson Holdings, Inc.Notes to Consolidated Financial Statements(Unaudited)

Three Months Ended September 30,Nine Months Ended September 30,(Dollars in millions)2025202420252024Income from unconsolidated investments - operating performance$10.5 $5.6 $30.1 $19.4 Income from unconsolidated investments - realized gains17.4 — 17.4 — Loss from unconsolid