KKR makes new real estate moves

The KKR family of entities, which includes the KKR Real Estate Finance Trust (KREF) and the KKR Real Estate Select Trust Inc. (KREST), made two noteworthy moves in real-estate investing this week.

Since 2011, when it launched a dedicated real estate platform, KKR has seen its real estate assets under management grow to approximately $33 billion across the U.S., Europe, and Asia. And on Wednesday, KREF announced the pricing of an underwritten public offering of 5 million shares of its common stock.

KREF is a real estate finance company that focuses especially on . . .

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