KKR and Drawbridge Realty formed a joint venture.

KKR, a global investment firm, and Drawbridge Realty, a real estate investment manager, formed a joint venture. Financial terms were not disclosed. “This transaction delivers a great outcome for our fund investors. My partners and I are excited to enter the next chapter of our strategic alliance with KKR. Since 2014, with KKR’s support, we have scaled our differentiated operating model and portfolio of high-quality corporate real estate. The stability of capital provided by Global Atlantic’s insurance company balance sheet will enable us to deliver enhanced solutions for our corporate clients and positions Drawbridge for accelerated growth,” Mark Whiting, Drawbridge Co-Founder and CEO.