Kennedy Wilson has closed senior construction loans for the development of three student housing projects totaling $184 million at the University of Wisconsin – Madison, University of North Texas and University of California, Berkeley.

These recent deals, completed through Kennedy Wilson’s debt investment platform, expand the student housing loan portfolio to $850 million to develop approximately 8,800 beds. An additional $1 billion of new student housing loans totaling 8,200 beds are being evaluated.

“We are seeing student housing continue to outperform many other asset classes due to strong operating fundamentals and the scarcity of new development in high-barrier markets adjacent to educational institutions that are continuing to grow enrollment,” said Thomas Whitesell, head of the debt investment group at Kennedy Wilson. “We are pleased to build on our long track record of student housing loan originations to become one of the most active student housing lenders in the country.”

Switzerland-based GF Casting Solutions will invest more than $184 million in a new manufacturing facility in Augusta. The project will create 350 new jobs for Richmond County. This is the third announcement out of Augusta-Richmond County in the last two weeks – Syensqo, StandardAero, and now GF Casting Solutions.

GF Casting Solutions facility at the Augusta Corporate Park will produce cast aluminum parts, with a special focus on large structural components for the automotive industry. 

“Building a High Pressure Die Casting Facility is a very long-term investment. The new facility will complete our footprint to become truly global in the e-mobility market,” said Carlos Vasto, President of GF Casting Solutions. “We are looking forward to bringing leading technology to the US and to creating advanced manufacturing jobs for several generations in Georgia. The location is ideal for addressing the thriving automotive industry in the region.”

Operations are expected to begin in 2027.