Samantha Rowan
The evolution of ground leases could be the biggest innovation for commercial real estate finance since commercial mortgage-backed securities.
Torchlight Debt Fund VII is the largest US real estate debt fund to be closed this year.
The US commercial real estate debt markets are awash with capital, which has helped to head off distress. But the long-term impact of this liquidity is still up in the air.
In the magazine: Distressed debt - liquidity has kept it at bay, but investors are dusting off their playbooks; KKR’s Salem talks lending expansion; Five things to know about underwriting office loans; Plus much more…
KKR's Matt Salem on how the firm is diving deeper into the US lending and growing its retail base.
The firm made an $89m preferred equity investment in a $534m portfolio.
The firm recently formed a programmatic joint venture with Ivanhoé Cambridge for middle market preferred equity deals.
The covid-19 pandemic has led to stronger relationships between well-capitalized borrowers and lenders.
Underwriting office loans is more complicated than it used to be, with higher-quality properties seeing the most stability and demand.
The New York-based manager views the loan type as an effective hedge to its multifamily business.