Kennedy Wilson's real estate debt investment platform surpassed $3 billion in originations in just over two years, with a strong pipeline of new origination opportunities heading into 2023.
Kennedy Wilson reached the milestone ahead of business plans, driven by lending on an unlevered basis, enabling the team to stay active while many traditional institutional lenders have reduced their origination capacity. In 2022, Kennedy Wilson originated approximately $1.1 billion in loans, including $140 million in future fundings, with over $425 million in loan repayments. In the fourth quarter, Kennedy Wilson has closed over $235 million in new loans.
Kennedy Wilson launched its debt platform in 2020 and subsequently expanded it into Europe in mid-2021, with a target of $6 billion in total loan investments. The platform has approximately $3 billion in remaining lending capacity.
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