Term Sheet: Kennedy-Wilson’s PacWest loan book flip to Fairfax; Second annual Debt Fund 40 rankings revealed; Park Hotel & Resorts REIT’s $725m CMBS loan payments

Kennedy-Wilson offloads majority stake in PacWest construction loans to Fairfax Financial in a notably quick flip; Real Estate Capital USA publishes its second annual Debt Fund 40 ranking; Park Hotel & Resorts REIT halts payments on $725 million CMBS loan tied to San Francisco hotels; and more in today’s Term Sheet, exclusively for our valued subscribers.