Receivership Jobs (NOW HIRING)

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 & K-STAR INVESTMENT SERVICES OVERVIEW
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.
POSITION OVERVIEW
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.
ROLES AND RESPONSIBILITIES

• 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 approval parties
  • Assist with communications to servicing parties and trustees on servicing, asset management and resolution matters to ensure the appropriate actions are taken
  • Interface with brokers, property managers, construction consultants and other third-party consultants on leasing matters, capital budgets and development plans, as applicable
• Disposition
  • Assist with identifying broker candidates, reviewing BOVs managing due diligence requests
  • Play an integral role in Property disposition efforts, whether via traditional marketing, auction, etc.
  • Work with selected brokers on marketing efforts and buyer selection
• Other
  • Participate in special projects as needed to implement and optimize new technologies to support the K-Star platform

QUALIFICATIONS

• Bachelor's degree, preferably in a Business, Finance, or Real Estate-related course of study, or equivalent experience in commercial real estate asset management, real estate investment banking, CMBS bond investing or real estate finance
• Three or more years of related work experience in commercial real estate asset management preferred
• Fundamental knowledge of commercial real estate, fixed income, and general financial concepts
• Superior analytical and financial modeling skills
• Excellent organizational and communication skills
• Exceptional attention to detail and thoroughness is required to ensure accuracy in all data and work product
• High proficiency with Microsoft Excel, Word, PowerPoint and Outlook; Argus a plus
• Team player with collaborative and strong relationship building skills with the ability to work independently in a way that reflects the company's culture and core values
• Skilled at developing and maintaining personal, social and business relationships representing KKR in a professional manner
• Willingness to travel as needed

KKR is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
KKR will provide reasonable accommodations as required by applicable federal, state, and/or local laws. Individuals seeking an accommodation for the application or interview process should email Benefits@kkr.com. Emails sent for unrelated issues, such as following up on an application, will not receive a response.
If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access https://www.kkr.com/careers because of your disability. You can request reasonable accommodations by sending an email to Benefits@kkr.com. Only emails left for this purpose will be returned.
Massachusetts Applicants: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. This notice applies only to applicants and employees who work or will work in Massachusetts, in accordance with applicable state law.