Non-traded REITs

Katie Keenan was previously the co-chief investment officer of Blackstone Real Estate Debt Strategies and Blackstone Mortgage Trust.

The insurers financed two warehouse buys by the manager’s non-traded REIT.

The firm is also looking to tap into growing interest in real estate credit from private wealth channels.

The manager is the latest to target accredited investors via a credit-focused strategy.

The New York-based firm’s latest vehicle is effectively a non-traded REIT within a 1940 Act wrapper, but the wrapper is where the innovation lies.

The New York-based private equity firm’s KREST could democratize access to institutional real estate through a number of ‘investor-friendly’ features.