Kennedy Wilson Holdings Inc. reported revenues of $116.4 million for the third quarter ended September 30, 2025, compared to $127.5 million in the same period of 2024. The company recorded a net loss attributable to common shareholders of $21.2 million, a reduction from the $77.4 million net loss in the third quarter of 2024. Basic and diluted loss per share were $0.15, compared to a loss of $0.56 per share in the prior year period. Adjusted EBITDA for the quarter was $125.2 million, up from $66.4 million in the third quarter of 2024. The results for the quarter included $36.0 million in non-cash items, primarily from depreciation, amortization, and changes in fair value. A key business development was the recapitalization of a multifamily community in Southern California, generating a gain of $17.4 million. Improved performance from co-investment assets also contributed to the quarter's results.