Kairos Investment Management Company, a firm specializing in value-based real estate investments, has secured a $175 million credit facility backed by Fannie Mae. Berkadia originated and will service the 20-year credit facility for each transaction.
CEO and founder of Rancho Santa Margarita-based Kairos, Carl Chang commented on the news: “In an inflationary environment with rising interest rates and recession looming, we are well positioned to take advantage of acquisition opportunities in multifamily housing and affordable housing. We anticipate seeing valuations pull back from all time highs which is why we have taken this opportunity to grow our portfolio with the help of Fannie Mae’s lower cost capital option.” He added that their new facility will enable them to act strategically on available opportunities while closing deals more quickly and efficiently.
