Willy sat down with Chris Lee, Partner and President of KKR Real Estate. Three years after Chris last joined the Walker Webcast, where does he believe the commercial real estate market stands today?<br><br>Willy and Chris discussed where KKR is deploying capital across credit and equity, opportunities created by the wave of multifamily maturities, and why today’s market demands a highly selective approach. They also explored conviction in senior housing, outlook for the office market, opportunities across Europe, and the impact of higher interest rates.<br>Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris Lee, Partner and President of KKR Real Estate

Walker Webcast

[SPEAKER_00] Walker and Dunlop brings you insights for life, unique perspectives from impactful leaders. This is The Walker Webcast with Willy Walker.

[SPEAKER_00] Good afternoon and welcome to another Walker Webcast. It's my great pleasure to have my, I can't call him an old friend because Chris is younger than I am, but I've known Chris for a long time. My dear friend, Chris Lee from KKR joined me today. I've been working to have Chris join me to talk about the state of the commercial real estate market and what he sees from his perch running global real estate at KKR.

[SPEAKER_00] And it's a real joy and pleasure to have Chris with me. Chris, welcome.

[SPEAKER_01] Well, Willy, it's always great to be with you and thanks for having me back. I think the last time we did this was three and a half years ago. Not much has changed, right?

[SPEAKER_00] Yeah, exactly. Exactly. I mentioned, Chris, that you run global real estate at KKR. You're on the U.S. operating committee. You sit on top of pretty much all of the real estate investment and credit committees at KKR. Prior to joining KKR in 2012, you were at Apollo, before that Goldman Sachs, before that Harvard Business School, before that Emory University, and before that St. Mark's School in Dallas.

[SPEAKER_00] Quite the resume and track record, Chris. I kind of wanted to start today with kind of an open-ended question of sort of where are we at?

[SPEAKER_01] Yeah, I mean, the way we describe it here at KKR, and I'll quote my partner Henry McVeigh, is we think about it as a regime change. And if you think about what has happened over the past, kind of the post-GFC world, we all lived in a...

Chris Lee, Partner and President of KKR Real Estate

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Chris Lee, Partner and President of KKR Real Estate

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.