Reported 27 days ago
KKR & Co. has successfully raised more than $850 million for its KKR Opportunistic Real Estate Credit Fund II, focusing on first mortgages for high-quality properties in the US and Europe. This fund launch comes as the firm sees a favorable moment for financing amid a decline in commercial property values and increasing demand for private credit. KKR aims to support borrowers with solid assets as they navigate a challenging market over the next few years.
Source: YAHOO