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KKR pulls in $850 million as more real estate borrowers turn to private lenders

Investment firm uses credit fund to complete two recent hotel refinancings
KKR Opportunistic Real Estate Credit Fund II provided $95 million in financing on the Marriott Dallas Uptown hotel. (CoStar)
KKR Opportunistic Real Estate Credit Fund II provided $95 million in financing on the Marriott Dallas Uptown hotel. (CoStar)
CoStar News
February 18, 2025 | 9:57 P.M.

Global investment firm KKR has completed fundraising for its second loan fund, KKR Opportunistic Real Estate Credit Fund II, also called ROX II, pulling in $850 million.

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