Business & Finance
KKR Commercial Real Estate Lender Studies Potential Sale, Merger
Key Points
KKR Commercial Real Estate Lender Studies Potential Sale, Merger A commercial real estate lender managed by KKR & Co. said it’s considering strategic alternatives that could include a merger or sale of the money-losing company. KKR Real Estate Finance Trust Inc. said in a statement Tuesday it had established a committee to review options that might also include an asset sale or the modification of its business plan. There is no timetable for the review or any guarantee that it will lead to a...
KKR Commercial Real Estate Lender Studies Potential Sale, Merger
A commercial real estate lender managed by KKR & Co. said it’s considering strategic alternatives that could include a merger or sale of the money-losing company.
KKR Real Estate Finance Trust Inc. said in a statement Tuesday it had established a committee to review options that might also include an asset sale or the modification of its business plan. There is no timetable for the review or any guarantee that it will lead to a transaction or change in business plan, the company said, adding that it wouldn’t discuss the matter again until the process is completed.