In a sponsored interview published in the April issue of Institutional Real Estate Americas, Kayne Anderson's Lee Levy, senior managing director, investments, real estate, discusses how loan structures, underwriting standards and sponsor expectations have evolved in recent years, and explains how focusing on relative value across public and private markets allows Kayne Anderson to make the right investment decisions regardless of the state of the market.
“The sponsor, the loan structure, the proceeds and the pricing are important, but for us it all starts with the real estate and our knowledge of the sector …. our strategy, sector experience and relative-value lens across private and public markets allow us to be wherever the best risk-reward is.”
To learn more, access a pdf of the interview by clicking here.