BEVERLY HILLS, CA—International real estate investment and services company Kennedy Wilson (NYSE: KW) and its partners recently unveiled The Ritz-Carlton Residences, Lake Tahoe. Perched mid-mountain at Northstar, The Residences are comprised of 23 luxury penthouses, which were unveiled to the public and for purchase on February 17, 2013.

Encompassing the entire top floor and a private wing of the third floor of The Ritz-Carlton, Lake Tahoe, the area's first Forbes Four Star and AAA Five Diamond resort and the first Ritz-Carlton resort to receive LEED Certification from U.S. Green Building Council, The Residences combine the charm, excitement and possibilities of Tahoe with the warmth, style and legacy of The Ritz-Carlton brand.

“The Residences are unlike any other residential destination in the Sierra and we are very pleased to celebrate its grand opening, which provides the first-ever opportunity for a privileged group of only 23 owners to enjoy the iconic, luxury living experience for which The Ritz-Carlton brand is known,” said Stuart Cramer, president of KW Residential Investment Group. “The Ritz-Carlton, Lake Tahoe established Lake Tahoe as a true world-class destination, within which The Residences represent an intimate and exclusive neighborhood that is destined to be a favorite gathering place for family and friends for years to come.”