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Sign in Sign up for a FREE subscriptionKBS Capital aims to raise $105 million for nontraded REIT
KBS Strategic Opportunity REIT II aims to raise $105 million, according to a filing with the Securities and Exchange Commission. The nontraded REIT is managed by KBS Capital Advisors.
Its predecessor, KBS Strategic Opportunity REIT, launched in 2009 and closed its initial public offering on November 20, 2012. It invests in and manages a diverse portfolio of real estate–related loans, opportunistic real estate, real estate–related debt securities and other real estate–related investments.It recently purchased the Central Building, an eight-story, 191,784-square-foot landmark office building in Seattle for $34.5 million.
KBS Capital Advisors is an affiliate of KBS Realty Advisors, a private equity real estate company and SEC-registered investment
