K
KR's Opportunistic Real Estate Credit Fund II, ROX II, has reached its final close, securing over $850 million in commitments. This flagship private fund leverages KKR's expertise in opportunistic investments across senior loans and real estate securities in the US and Western Europe.

    With a flexible mandate, ROX II targets attractive risk-adjusted returns by investing in first mortgages secured by high-quality properties owned by institutional sponsors in major markets. KKR has established itself as a leading mortgage lender to top sponsors over the past decade, with a strong track record of originations.

    "We're seeing a great opportunity to invest in real estate credit," said Matt Salem, Partner and Head of Real Estate Credit at KKR. "Our strategy is designed to deliver attractive returns while minimizing risk, with a focus on high-quality assets and conservative leverage levels."

    KKR's extensive borrower relationships have enabled the firm to deploy capital into an attractive market, positioning it well for future growth. As private capital continues to play a significant role in commercial real estate, KKR is poised to deliver attractive opportunities for its investors.

    With over 140 dedicated real estate professionals across 16 offices, KKR applies its global platform's capabilities and knowledge to deliver outcomes for clients and investors. Since 2015, the firm's real estate credit strategy has originated $43.4 billion in loans and invested $14 billion in CMBS, solidifying its position as a leader in the space.