Real Estate Capital Markets Associate

COMPANY OVERVIEW

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.

POSITION SUMMARY

KKR Credit & Markets (“KCM”) and KKR Real Estate are seeking a talented Real Estate Capital Markets Associate to join an active, high growth and high performance team.  The successful candidate will bring 3-5 years of real estate debt capital markets experience, primarily in the sourcing and negotiation of real estate debt across a variety of structures.  Primary responsibilities will include assisting with i) debt placement and structuring for KKR’s US Real Estate Equity business, and ii) real estate- related financing for certain of KKR's credit and equity businesses globally.  This role is a unique opportunity to become a formative part of a growing real estate investing and capital markets business at KKR.

CRITICAL COMPETENCIES FOR SUCCESS

• Experience and fluency in real estate debt capital markets, especially familiarity with larger more complex capital structures. This person will have an understanding of debt origination processes, real estate capital markets terminology, and loan
  • This individual will work with the head of RE capital markets and investment teams to assist with real estate debt placement efforts in the US
  • This individual will be able to develop trusted relationships with the lending community and be able to discuss real estate transactions with fluency, especially with lender teams

• Experience with different types of real estate transactions and asset classes. This person should feel comfortable working on co-investment transactions and helping to track and organize the equity syndication process through KKR’s registered broker
  • This individual will work with the investment team and will be required to quickly grasp critical details of evolving transactions
  • This person will be required to organize and track communications with sophisticated real estate investors considering co-investment, including responding to transaction-specific questions

• Exceptional “like and trust” factor in order to build and maintain trusted relationships with lending institutions and co-investors/LPs
  • Must be a team player. Must build relationships and interact effectively with KKR professionals across the Real Estate, KCM, and CPG teams as well as several business operations units (tax, legal, finance)
  • Must have an outgoing personality given the role will be outward facing including significant interaction with lenders and KKR LPs
• Highly commercial and entrepreneurial self-starter with strong judgment and ability to spot opportunity and develop creative
  • Individual must also be energized by the prospect of driving the growth of a new/growth business within a larger organization
  • Must be excited to develop relationships with lenders and potential investors
• Strong execution and project management skills, sense of urgency, strong work ethic, and highly organized with an ability to multi-task across multiple active projectsOrganization of the lender outreach processes and due diligence for real estate equity loans, real estate credit financings, subscription lines, and other structured real estate products