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KKR Announces First Multifamily Property Investment by KREST | Business
NEW YORK–(Business WIRE)–Oct 28, 2021– KKR, a foremost world-wide expense business, these days introduced that KKR Real Estate Pick Believe in Inc. (“KREST”) and RPM Living Investments (“RPM Living”), a complete-company multifamily administration, expenditure and improvement company, have acquired The Beach Dwelling Apartments (“The Beach front House”), a multifamily property in Jacksonville, Florida. The transaction is KKR’s initial multifamily financial investment by KREST, a consistently supplied, registered shut-conclusion fund designed to supply access to revenue-oriented non-public real estate investments. This push launch capabilities multimedia. View the complete launch below: https://www.businesswire.com/news/house/20211028005407/en/ The Beach Household Residences in Jacksonville, Florida (Photograph: Small business Wire) Accomplished in 2010, The Seaside House is a 228-unit,…