The New York-based manager believes lenders will be receptive to financing new deals and rehabs in the fast-growing sector.
The JV marks Kayne Anderson’s first foray into the European student housing market.
The $1.2trn manager sees C-PACE financing on the rise.
While Europe’s domestic activity sets up a competitive scene for lenders, US liquidity and deal volume continues to thrive.
With a looming threat of inflation, the sector is starting to feel like a safer bet.
The firm sees a dearth of available capital for mid-market bankruptcies, for DIP financings of $50m or less.
The firm recently formed a programmatic joint venture with Ivanhoé Cambridge for middle market preferred equity deals.
The Dallas-based private equity firm has moved its head of Asia into a new role and is eliminating 25 positions in the region.
The Miami Beach-based private investment firm will be the third private real estate manager to amass double-digit billions for a single property fund.
While the New York-based investment manager has been able to deploy its funds rapidly, other groups have not found the opportunity set they expected.