To access, register for a free account:

Already a subscriber? Sign in here Questions? Call (855) PRIVCAP or email us.
sneak preview

KKR's Rosenberg: Core is 'Toppy and Choppy'

KKR's Head of Real Estate warns there isn’t enough NOI growth to offset rising cap rates in core.
Already a subscriber? Sign in hereILPA member? You've got access! Sign in to ILPA.orgQuestions? Call (855) PRIVCAP or email us.
Manager Profile

KKR’s Rosenberg: Core is ‘Toppy and Choppy’

Interviewed by: Zoe Hughes

November 18, 2013

Investors lose intellectual integrity thinking real estate is as risk-free as Treasuries, says the head of KKR’s real estate platform. Less than three years into the business, Ralph Rosenberg shares with PrivcapRE his aims and insights:

  • Is there enough NOI growth in the US market to offset expanding cap rates?
  • The flight to quality has made core investing ‘toppy and choppy’
  • Having invested $750m in more than 13 deals, the new global real estate player eyes expansion in Europe and Asia