THE DINERSTEIN COMPANIES, UPCAMPUS STUDENT LIVING, AND HARRISON STREET

UNVEIL PLANS FOR NEW STUDENT HOUSING HIGH-RISE

Houston- and Chicago-Based Real Estate Developers Partner with Leading Investment Firm to Elevate
Student Living in College Station

COLLEGE STATION, Texas (April 2024) — The Dinerstein Companies (TDC), a full-service real
estate, management and development company, in a joint venture partnership with Up Campus Student
Living and Harrison Street Real Estate Partners, is proud to announce their latest plans for a New Student
Housing High-Rise in College Station.

“We are thrilled to introduce this multifamily property as the latest addition to our TDC portfolio,” said
Brian Dinerstein, Chief Executive Officer at The Dinerstein Companies. “This development underscores
our commitment to delivering upscale living experiences tailored to the vibrant community of College
Station for Texas A&M University students.”

Located at 100 Church Ave. in the bustling Northgate District, the New Student Housing High-Rise will
offer unparalleled proximity to the Texas A&M University campus and iconic landmarks like the Dixie
Chicken. This strategic location reflects TDC's strong relationship with College Station, as this property
marks the company's third development in the area within the past decade.

Soaring 19 stories high on 1.21 acres of prime real estate, the New Student Housing High-Rise will offer
873 beds across an array of floor plans ranging from studios to spacious six-bedroom layouts, spanning
from 400 to 1,900 square feet. Residents will have access to top-tier amenities, including a welcoming
leasing lobby, ground-floor retail spaces, a state-of-the-art two-story indoor/outdoor fitness center, ample
study lounges, an innovative golf and gaming simulator, bike storage, inviting game lounges, a luxurious
penthouse-level lounge and two expansive pools at the 8th floor and penthouse level, complemented by
an outdoor gaming deck. Aligned with TDC's steadfast commitment to sustainability, the high-rise will
pursue Fitwel certification, ensuring a healthy and environmentally conscious living environment.

“This property represents a testament to our ongoing dedication to excellence and innovation in real estate
development,” said Todd Gaines, Development Partner at The Dinerstein Companies. “We're proud to
continue expanding our legacy in College Station and deliver a residence that sets a new standard for
student living.”

With Kennedy Wilson serving as the lender, Up Campus Student Living as the co-developer and TDC
Construction as the General Contractor, construction on the property is currently underway and is slated
to be completed in Summer 2026. Preleasing opportunities will begin in Fall 2025.

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About The Dinerstein Companies

Founded in 1955, Houston-based The Dinerstein Companies (TDC) is a full-service real estate and
development company that has developed over 80,000 multi-family apartments and 44,000 student
housing beds across the country, totaling $5.06 billion in new developments since 2010. TDC currently
has over $2.7 billion under development and is one of the leading “green” developers in the country with
$3.03 Billion in LEED and Fitwell certified product completed or under construction. For more
information on The Dinerstein Companies, please visit: https://www.dinersteincos.com/.
About Up Campus Student Living
Up Campus Student Living is led by Managing Partners Stephen Bus and Nishant Bakaya, industry
veterans, both with more than 20 years’ experience in the real estate industry including developing and
acquiring more than $4 billion of properties. Together they have fully realized 30 deals across the U.S. in
the student and senior housing sectors totaling $2 billion, achieving a 44% blended deal-level IRR.

About Harrison Street

Harrison Street is one of the leading investment management firms exclusively focused on alternative real
assets. Since inception in 2005, the firm has created a series of differentiated investment solutions focused
on demographic-driven, needs-based assets. The firm has invested across senior housing, student housing,
build-to-rent, healthcare delivery, life sciences and storage real estate as well as social, utility and digital
infrastructure. Headquartered in Chicago and London, with offices throughout North America, Europe
and Asia, the firm has more than 280-employees and approximately US $56 billion in assets under
management on behalf of institutional investors across the globe. Harrison Street was awarded Best
Places to Work by Pensions & Investments for nine years (2014-2020, 2022, 2023) and since 2019 has
won 15 awards from PERE, including three for the 2023 Awards: Alternatives Investor of the Year –
Global, , Data Centers Investor of the Year – North America, and ESG Firm of the Year - North America.
For more information, please visit www.harrisonst.com.

(Assets under management ("AUM") reflects AUM for the Firm’s investment advisory and asset
management clients, and is inclusive of the Firm’s regulatory AUM reported in its Form ADV.)

About Kennedy Wilson

Kennedy Wilson (NYSE:KW) is a leading global real estate investment company. The company owns,
operates, and invests in real estate through the balance sheet and through an investment management
platform in the United States, United Kingdom, and Ireland. Kennedy Wilson primarily focuses on
multifamily and office properties as well as industrial and debt investments in the investment
management business. For more information on Kennedy Wilson, please visit: www.kennedywilson.com.

Media Contact: Meredith Milholland

Email: meredith@theprboutique.com