South Korean Investors Load Up On U.S. Commercial Real Estate Debt

Posted on April 19, 2018

South Korean investors, on the hunt for higher returns and asset diversification, are making their way into U.S. real estate debt with renewed eagerness. More, in fact, than investors from any other country.

As of mid-April, investors based in South Korea accounted 21% of foreign investment in domestic commercial real estate debt, Preqin data shows.

For example, the Wall Street Journal reports KTB Asset Management recently refinanced 285 Madison Ave. in New York for RFR Holdings, while IGIS Asset Management provided $220M for 787 Seventh Avenue. Both KTB and IGIS are deep-pocketed South Korean investors.

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