Successful Financing: Harborside 8 has secured $306 million in senior non-recourse financing and $78 million in preferred equity, ensuring robust funding for this luxury residential development and laying a solid foundation for future construction.
Project Scale: The development will feature a 65-story residential tower with 678 units and 719,726 square feet of rentable space, which is expected to significantly contribute to rental growth and high demand in the local market.
Geographic Advantage: Located along the Hudson River in Jersey City, the project is just a five-minute walk from Manhattan, greatly enhancing commuting convenience and attracting more high-end tenants.
Market Outlook: With ongoing redevelopment and low vacancy rates in the area, Harborside 8 is anticipated to become one of the most sought-after rental markets in New Jersey, further driving economic growth and increasing property values in the region.
KW
$9.75+Infinity%1D
Analyst Views on KW
Wall Street analysts forecast KW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KW is 11.00 USD with a low forecast of 11.00 USD and a high forecast of 11.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast KW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KW is 11.00 USD with a low forecast of 11.00 USD and a high forecast of 11.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
1 Hold
0 Sell
Hold
Current: 9.940
Low
11.00
Averages
11.00
High
11.00
Current: 9.940
Low
11.00
Averages
11.00
High
11.00
JPMorgan
Neutral
downgrade
$13 -> $11
2025-11-06
Reason
JPMorgan
Price Target
$13 -> $11
2025-11-06
downgrade
Neutral
Reason
JPMorgan lowered the firm's price target on Kennedy Wilson to $11 from $13 and keeps a Neutral rating on the shares following the Q3 report.
BofA
Joshua Dennerlein
downgrade
2025-11-05
Reason
BofA
Joshua Dennerlein
Price Target
2025-11-05
downgrade
Reason
BofA analyst Joshua Dennerlein moved to No Rating on Kennedy Wilson as the firm believes the stock is no longer trading on fundamentals after the company issued an 8-K disclosing that it has received a take private offer.
About KW
Kennedy-Wilson Holdings, Inc. is a real estate investment company. The Company owns, operates, and invests in real estate both on its own and through its investment management platform. It focuses on investing in the rental housing sector (both market rate and affordable units) and industrial properties, and originating, managing and servicing real estate loans (primarily senior construction loans secured by multifamily and student housing properties that are being developed by institutional sponsors throughout the United States). It operates in two segments: Consolidated Portfolio and Co-Investment Portfolio. Its Consolidated Portfolio consists of investments in real estate and real estate-related assets that it has made and consolidated on its balance sheet, primarily multifamily communities. Under the Co-Investment Portfolio, it invests capital on behalf of its partners in real estate and real estate-related assets, primarily construction loans, through its Co-Investment Portfolio.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
