Florida & Gulf Coast + South Florida + Finance | May 11, 2022

Kayne Anderson Real Estate Closes Debt Fund above Target at $1.9B

Boca Raton, FL-based Kayne Anderson Real Estate, the real estate investment arm of Kayne Anderson Capital Advisors, L.P., has announced that its debt platform, KA Real Estate Debt, has closed its fourth flagship debt fund, Kayne Anderson Real Estate Debt IV (“KARED IV”), with $1.9 billion in capital commitments.

The fundraise, having received support from existing and new investors, surpassed its original target of $1.5 billion. The oversubscribed fund is the company’s largest debt fund to date.

KARED IV will continue to execute on proprietary investment opportunities in Freddie Mac structured products and direct loan originations and purchases across targeted sectors including multifamily and student housing, medical office, seniors housing and self-storage.

“KARED IV is well positioned to provide liquidity for borrowers while continuing to leverage the firm’s longstanding relationship with Freddie Mac to source and acquire stabilized, attractive bond issuances,” said David Selznick, CIO, KA Real Estate.

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Kayne Anderson Real Estate's Selznick

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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