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KKR Doubles Down on House Flippers - Investment firm pumps another $250 million into Toorak Capital




Updated June 12, 2019 3:22 pm ET

KKR & Co. is raising its bet on fixer-uppers.


The investment house known for corporate takeovers has agreed to pump another $250 million into Toorak Capital Partners LLC, which buys short-term loans made to real-estate investors who purchase, renovate and resell residential properties.


KKR already has $250 million invested in New Jersey-based...


Source:

https://www.wsj.com/articles/kkr-doubles-down-on-house-flippers-11560331806

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