July 6, 2017 / 10:54 AM / 16 days ago

BRIEF-Kennedy Wilson announces sale of 576-unit multifamily community in South Seattle

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July 6 (Reuters) - Kennedy-wilson Holdings Inc

* Kennedy Wilson announces sale of 576-unit multifamily community in South Seattle for $109 million

* Kennedy-Wilson - cash proceeds of $73 million from transaction were used to fund previously announced acquisition of 90 East, office campus in Greater Bellevue

* Kennedy-Wilson - Through disposition of Rock Creek, acquisition of 90 East, co expects to add incremental $7 million of annual recurring net operating income Source text for Eikon: Further company coverage:

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