BKM Capital Partners (BKM), a vertically integrated real estate fund manager and operator, and Kayne Anderson Real Estate, the real estate investment arm of Kayne Anderson, have entered into a $1.5 billion joint venture (JV) partnership focused on light industrial real estate.
The JV brings together BKM’s operating platform, sourcing capabilities and sector-specific expertise with Kayne Anderson’s alternative real estate platform, creating a powerful vehicle with the ability to scale quickly in a highly fragmented and inefficient market. The $1.5 billion commitment from Kayne Anderson Real Estate will support the acquisition and value-add repositioning of a targeted portfolio of small-bay and mid-bay industrial properties, in a sector poised for continued demand.
The partnership allows large-scale capital deployment into the light industrial sector and deepens BKM’s presence nationwide. The JV will focus on middle-market properties with below-market rents, high v
