Company: KW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001408100-25-000147
Chunk: 114

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 114
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 million.  Please see below for additional details.      As of June 30, 2025 and December 31, 2024, $1,829.6 million and $1,884.4 million, respectively, of unconsolidated investments were accounted for under fair value.  See Note 5 for more detail.Distributions from Joint Ventures    The following table details cash distributions by investment type and geographic location for the six months ended June 30, 2025:MultifamilyCommercialFundsResidential, Hotel and OtherTotal(Dollars in millions)OperatingInvestingOperatingInvestingOperatingInvestingOperatingInvestingOperatingInvestingWestern U.S.$18.6 $27.6 $4.5 $— $0.3 $1.1 $0.6 $131.2 $24.0 $159.9 Ireland3.0 0.1 2.6 — — — — — 5.6 0.1 United Kingdom— — — 1.1 — 0.5 7.3 1.6 7.3 Total$21.6 $27.7 $7.1 $— $1.4 $1.1 $1.1 $138.5 $31.2 $167.3 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 portion of the Company's interest in Kona Village, (ii) receipt of excess proceeds from multifamily properties that were refinanced, (iii) the payoff of a loan in the Company's European debt platform and (iv) the redemption of our interests in certain hedge funds.Income (Loss) from Unconsolidated Investments    The following table presents (loss) income from unconsolidated investments recorded by Kennedy Wilson during the three and six months ended June 30, 2025 and 2024:Three Months Ended June 30,Six Months Ended June 30,(Dollars in millions)2025202420252024Income from unconsolidated investments - operating performance$8.9 $6.0 $19.6 $13.8 (Loss) income from unconsolidated investments - fair value(7.1)(