TEAM OVERVIEW

KKR Real Estate was founded in 2011 on the belief that a dedicated real estate team with access to KKR’s global investment platform could create differentiated deal flow and compelling risk-adjusted returns for our investors. KKR Real Estate is a global solutions provider across the capital structure in the real estate industry, and we focus on opportunities including property-level equity, debt and special situations transactions and businesses with significant real estate holdings that can benefit from KKR’s operational expertise. The primary mandate of KKR Real Estate is to leverage the KKR brand, relationships, industry expertise, and proprietary knowledge of the Firm (where appropriate) together with the real estate expertise of the team to create differentiated deal flow for our investors.

Led by Ralph Rosenberg, Global Head of KKR Real Estate, the team has approximately 150 real estate investment and asset management professionals and has grown to over $71 billion of AUM. We believe our fully integrated real estate equity and credit platform generates differentiated access to information about real estate fundamentals, market trends, themes, pricing and structuring that provides us with what we believe to be enhanced relevance in the real estate investment and capital markets. Our capabilities across real estate equity, real estate loans and real estate securities, under the same leadership team, has allowed us to create a global portfolio of approximately $254 billion of assets to which we lend or own as of March 31, 2024. This platform is further enhanced by KKR’s broad investment experience and powerful sourcing networks.

POSITION OVERVIEW

A Real Estate Acquisitions Associate assists in all facets of the acquisition process including underwriting, due diligence, execution, and asset management across a full range of property types across the United States.

• Investment Evaluation
  • Provide leverage in the investment evaluation process across all property and transaction types; apply academic background and industry experience to assess investment opportunities
  • Construct financial acquisition models and analytical tools to evaluate risk/reward and economic attractiveness of investments, including supply/demand analysis, competitive property positioning, regional economic drivers, and tenant diligence
  • Incorporate inputs from brokers, advisors, consultants, research providers and other resources to help craft projection scenarios and assess investment return outcomes
  • Prepare detailed Investment Memos to present the financial and strategic merits of transactions and key deal risks
  • Present conclusions to deal teams and ultimately to the KKR Real Estate Investment Committee
  • Observe senior deal team professionals in negotiation of transaction terms with counterparties and participate in internal discussions
  • Assist in reviewing sections of key transaction documents, including Purchase and Sale Agreements, Loan Agreements, Joint Venture Agreements
  • Help drive full scope of business, financial, legal and confirmatory due diligence through the deal closing process
• Sourcing
  • Assist senior members of the team in developing investment themes
  • Interface and develop relationships with prospective partners, real estate brokers, and other market participants

• Asset Management
  • In collaboration with asset management teams, drive the execution of business plans and value creation efforts from deal closing through final disposition

QUALIFICATIONS

• We are looking for candidates who have 2-3 years of experience in Real Estate investment banking or Private Equity.
• Candidates must embody KKR’s core values, in particular: unquestioned integrity, a strong work ethic, and a commitment to teamwork and excellence.
• Candidates must possess superior analytical and financial modeling skills; a solid grasp of financial concepts; exceptional written, interpersonal, and communication skills; attention to detail; and a maturity that enables them to contribute to a collaborative and constructive work environment.

#LI-DNI