REO Analyst

COMPANY OVERVIEW

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds.

KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.

KKR Real Estate Credit was formed in 2015 to invest in real estate credit products and complement KKR Real Estate’s private equity platforms in the U.S. and Western Europe. KKR Real Estate Credit is an integrated real estate credit business that invests through loans and securities across the risk spectrum, from core to opportunistic. KKR Real Estate Credit has approximately $45 billion of AUM as of December 31, 2025, and invests primarily through eight main pools of capital.

K-Star Asset Management LLC ("K-Star") was formed in 2022 and is a wholly owned subsidiary of KKR. K-Star is a dedicated investment services platform that supports underwriting, asset management, loan origination, securities investing, risk management, and client experience for KKR Real Estate Credit as it continues to scale. The K-Star team includes industry specialists in special servicing, asset management, due diligence, and loan closing, among other functional areas.

K-Star is seeking an enthusiastic, intelligent, and diligent professional to join the Special Servicing Asset Management team as an analyst, supporting the management of commercial real estate properties ("Properties") on which title acquisition via foreclosure or deed-in-lieu has occurred or is imminent. The Properties may be included in the direct lending portfolio or in the securitized asset portfolio, which consist of all commercial property types located throughout the United States and will involve varying operating strategies and business plans.

The qualified candidate will be expected to provide pre-acquisition due diligence, vendor engagement and oversight, property management and leasing analysis, and exit strategy recommendations and execution, all in accordance with K-Star policies and practices and in compliance with governing servicing agreements and the Servicing Standard, as applicable. They will also be expected to participate in special assignments related to the growth of the KStar platform that may result in leadership opportunities.

With a goal of process development and completion, this candidate must be an exceptional communicator and must have the ability to build strong partnerships across the various KKR businesses, including the Firm’s real estate credit and equity, securities investment, legal, finance, and asset management teams.

• Pre-foreclosure or Receivership
  • Work with Asset Managers on the recommendation for foreclosure, deed-in-lieu or receivership selection and appointment.
  • Complete requisite due diligence associated with the recommended action, e.g., securing the necessary third-party reports, entity formation, documentation, agreements, accounts, etc.
• Active Receivership or REO
  • Gain property and market intelligence through site visits, broker tours and feedback, etc.
  • Review periodic reporting to ensure the Properties are being properly managed and reporting meets requirements for scope, quality and timeliness.
  • Analyze potential leases and present recommendations for approval.
  • Review operating budgets and present recommendations for budget approvals and funding.
  • Review and prepare recommendations for capital expenditures received from third party managers/receivers.
  • Collect market research and collaborate with the Special Servicing team on the preparation of Hold/Sell analyses for presentation to…