Kennedy Wilson's debt investment platform has hit $1 billion in secured loans across the Western US. The team has secured a full range of debt products, including first mortgage loans, mezzanine loans and other subordinate debt, all of which is backed by a group of well-capitalized sponsors.
The firm has focused on high-quality real estate in established markets on the US. Kennedy Wilson's current debt portfolio includes 16 loans primarily secured by multifamily and office properties located throughout California, Washington and Colorado. This is Kennedy Wilson's core debt strategy, according to EVP Matt Windisch, who says, "Our strategy is focused on providing capital to strong sponsors with high-quality real estate in the markets we know best, and we believe there is ample opportunity to continue growing our platform within that framework."
Kennedy Wilson co-invests with its partners, and it has committed $93 million to the loans in its debt platform to date.
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