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California  + Orange County  + Finance  | 

Kairos Secures $175M Credit Facility Backed by Fannie Mae

Kairos Investment Management Company, a firm that focuses on value-based real estate investments, has secured a $175-million credit facility backed by Fannie Mae. Berkadia originated and will service the 20-year credit facility for each transaction. 

“In a high inflationary and rising interest rate environment with recession looming, we are well positioned and anticipate seeing many opportunistic multifamily, affordable housing acquisition opportunities,” said Carl Chang, CEO and founder of Rancho Santa Margarita-based Kairos.  

He added, “In fact, we are taking this opportunity to grow this component of our portfolio as we see valuations pull back from all-time highs and the credit facility from Fannie Mae provides Kairos additional leverage and excellent flexibility with a lower cost of capital to do so. Our new facility will enable us to act on available opportunities strategically and close on affordable housing deals more quickly and efficiently.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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