realestate

KKR Secures $850M for Opportunistic Real Estate Lending Fund

KKR Announces Final Close of KKR Opportunistic Real Estate Credit Fund II.

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KR, a global investment powerhouse, has sealed the deal on its KKR Opportunistic Real Estate Credit Fund II (ROX II), a game-changing strategy that's poised to capitalize on lucrative opportunities in senior loans and real estate securities across the US and Western Europe. With over $850 million in closed commitments, ROX II is set to revolutionize the market with its flexible mandate to pursue high-yielding investments.

    At the helm of this flagship fund are seasoned experts Matt Salem and Joel Traut, who have honed their skills over a decade of building relationships with top sponsors and navigating the complex landscape of commercial real estate. Their expertise has yielded impressive results, with ROX II poised to deliver attractive returns, significant current income, and robust downside protection.

    "We're entering a sweet spot in the market," says Salem, Partner and Head of Real Estate Credit at KKR. "High-quality assets are available at conservative leverage levels, offering a compelling opportunity for investors."

    KKR's real estate credit strategy has been a force to be reckoned with since 2015, originating $43.4 billion in loans and investing $14 billion in CMBS. With over 140 dedicated professionals across 16 offices, KKR is uniquely positioned to deliver outcomes for clients and investors through its scaled equity and debt strategies.

    As the commercial real estate market continues to heat up, private capital is set to play an increasingly vital role. KKR's ROX II is poised to capitalize on this trend, leveraging the firm's extensive network of borrower relationships and expertise in risk retention CMBS B-Pieces to deliver attractive risk-adjusted returns for investors.

KKR secures $850M for opportunistic real estate lending fund globally.