Joint Venture Partnership
Laguna Niguel Blu
Residential
Orange County, CA
Blu Laguna Niguel is a 425-unit suburban community located in Laguna Niguel, a rapidly growing residential area in southern Orange County.
This two-phase development represents the city’s latest and final residential project under its 10-year general plan, in a desired location offering upscale amenities.
The community began leasing its first units in February 2020, with all units fully delivered in 2023 across two phases. Takamatsu USA formed a joint partnership with the sponsor to complete and operate this project.
Joint Venture Partnership
Elm Hill Townhouses
Residential
Durham, NC
Elm Hill Townhouses is a 68-unit residential development located in Durham, North Carolina, a city renowned as a university hub home to Duke University and a leading center for high-tech research alongside Raleigh and Chapel Hill, forming the Research Triangle.
Just 1 km from downtown Durham and 3 km from Duke University, Elm Hill is situated in a historically quiet neighborhood that has seen little development over the past 40 years.
The project is expected to break ground in early 2025, with completion expected in 2027.
Joint Venture Partnership
Elm Hill Townhouses
Residential
Durham, NC
Elm Hill Townhouses is a 68-unit residential development located in Durham, North Carolina, a city renowned as a university hub home to Duke University and a leading center for high-tech research alongside Raleigh and Chapel Hill, forming the Research Triangle. Just 1 km from downtown Durham and 3 km from Duke University, Elm Hill is situated in a historically quiet neighborhood that has seen little development over the past 40 years.
THe project is expected to break ground in early 2025, with completion expected in 2027.
FUND INVESTMENT
Kennedy Wilson Fund VII
Kennedy Wilson’s U.S. Value-Add Real Estate Fund is a vertically integrated platform implementing a value-add strategy across its portfolio.
Takamatsu USA participates in the fund as a limited partner, enabling collaboration within networks while leveraging Kennedy Wilson’s extensive expertise and strong track record in real estate investment and management.
ACQUISITION & MANAGEMENT
224 East 59th Street
New York City, NY
224 East 59th Street is a mixed-use property in Midtown East, New York City, anchored by Katagiri, the oldest Japanese grocery store in the U.S., established in 1907.
A long-standing community staple, Katagiri remained open throughout the COVID-19 pandemic, continuing to serve New Yorkers.
Located in a vibrant neighborhood known for its employment centers, dining, shopping, and entertainment, the property offers excellent connectivity to all modes of transportation and is just a 15-minute walk from Central Park.
ACQUISITION
MANAGEMENT
224 East 59th Street
New York City, NY
224 East 59th Street is a mixed-use property in Midtown East, New York City, anchored by Katagiri, the oldest Japanese grocery store in the U.S., established in 1907.
A long-standing community staple, Katagiri remained open throughout the COVID-19 pandemic, continuing to serve New Yorkers.
Located in a vibrant neighborhood known for its employment centers, dining, shopping, and entertainment, the property offers excellent connectivity to all modes of transportation and is just a 15-minute walk from Central Park.
ACQUISITION & DEVELOPMENT
413 East 50th Street
New York, NY
413 East 50th Street is a five-story townhouse in the historic Beekman Place community, just north of the United Nations Headquarters and adjacent to the East River.
Undergoing a full gut renovation during the challenges of the COVID-19 pandemic, the project set a new standard in residential redevelopment.
Blending best-in-class design with high-quality construction, the property introduced a distinctive offering to the market. Its architectural design was recognized as a finalist in the NYCxDESIGN Awards by Interior Design Magazine. Successfully completed, the property was sold in 2022.