KKR loves the upside in crowded house-flipping space

Lucas Machado makes his living flipping houses in South Florida. But that real estate market has gotten so flipping hot that he now feels like he’s in a different line of work.

KKR loves the upside in crowded house-flipping space June 12, 2019 June 12, 2019 The Real Deal NY 0 View KKR, the investment firm known for company takeovers, has doubled its stake in a company that targets house-flipping.

Whether it’s private equity or in the real asset space in particular I think because people see the possibility of inflation out in time they’re more interested in that space and I think frankly the energy revolution that’s going on in this country is one that’s informing people of the opportunities in that asset class as well.

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KKR, the investment firm known for company takeovers, has doubled its stake in a company that targets house-flipping. The firm invested another. Zillow and Redfin all placing big bets on the space.

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A new tourist trap in Taipei, Taiwan, is giving new meaning to house flipping. The Upside-Down House exhibit opened to the public earlier this month, and features three stories of rooms that.

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KKR, the investment firm known for company takeovers, has doubled its stake in a company that targets house-flipping. The firm invested another $250 million in New Jersey-based Toorak Capital Partners, which has $1.5 billion in house-flipping loans on its books, according to the Wall Street Journal.

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