Kayne Anderson Real Estate CEO Al Rabil says investors are not stepping away from real estate
by Andrea Zander
Sector selection, operating capability and patience remain critical for real estate investors navigating today’s market, according to Al Rabil, CEO of Kayne Anderson Real Estate. The firm recently held a final close for Kayne Anderson Real Estate Partners VII (KAREP VII), the largest opportunistic equity fund in its history, with $5.12 billion in capital commitments. In an interview, Rabil discussed what the fundraise signals about institutional investor appetite for real estate, why investors are focusing more closely on durable demand drivers and specialized operating expertise, and how alternative sectors such as medical office, seniors housing, student housing and light industrial are becoming a more central part of institutional real estate portfolios.