KENNEDY WILSON AUCTIONS 29 BROADWAY PARK LOFTS FOR $4.4M

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SALT LAKE CITY — Kennedy Wilson has offered and sold 29 condominiums in Salt Lake City’s Broadway Park Lofts for $4.4 million. The units were sold at a Salt Lake City auction via the firm’s KW Auction Group. “These auction results demonstrate a developer overcoming the challenges in the current economic environment. Kennedy Wilson succeeded by bringing the developer and the customer together in a competitive marketplace, and with the standing inventory sold, the developer can now move forward with the project,” said Rhett Winchell, president of KW Auction Group, in a statement.

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