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Alternative Assets  + Latest News  + Real Estate  | 
Kennedy Wilson Holdings Inc Real Estate Debt Platform Eclipses $3B in Originations driven by the feature of lending on an unlevered basis.

Kennedy Wilson Real Estate Debt Platform Eclipses $3B in Originations

Kennedy Wilson’s real estate debt investment platform crossed $3bn in originations in just over two years, driven by the feature of lending on an unlevered basis.

The global real estate company based in Los Angeles has originated approximately $1.1bn in loans to date, including $140mn in future fundings, and achieved over $425mn in loan repayments. The company has closed more than $235mn in debt deals so far this quarter.

Matt Windisch, the company’s executive vice president, attributed its lending success to its strategy of financing on an unlevered basis, which has enabled the team to stay active while “many traditional institutional lenders reduced their origination capacity.”

Windisch added that recent market activity has allowed the company to lend to high quality sponsors at lower leverage points with current returns improving “into the high teens.”

The loans are primarily secured by multifamily, hospitality and office properties located throughout Kennedy Wilson’s core US markets. The company has completed over $9bn in real estate related debt investments since 2010.

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Kennedy Wilson

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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