09/18/2025 | Press release | Distributed by Public on 09/18/2025 15:49
Fried Frank advised Toll Brothers, Inc., the nation's leading builder of luxury homes, on the $347 million sale of its Apartment Living platform to Kennedy Wilson, a global real estate investment company. The transaction will provide immediate scale to Kennedy Wilson's investment management platform and its rental housing capabilities, while monetizing a significant portion of Toll Brothers' investments in rental properties. The transaction is expected to close in October 2025. For more information, read the press release here: https://www.businesswire.com/news/home/20250918957991/en/.
This transaction represents Fried Frank's strengths in advising industry leaders, particularly those in real estate, on their most important transactions.
The team was led by partners Roy Tannenbaum, Philip Richter, Adam L. Streicher and Laurinda Martins.