Kairos Secures $175M Credit Facility Backed by Fannie Mae

April 28, 2023

Kairos Investment Management Company, a firm that focuses on value-based real estate investments, has secured a $175-million credit facility backed by Fannie Mae. Berkadia originated and will service the 20-year credit facility for each transaction.

“In a high inflationary and rising interest rate environment with recession looming, we are well positioned and anticipate seeing many opportunistic multifamily, affordable housing acquisition opportunities,” said Carl Chang, CEO and founder of Rancho Santa Margarita-based Kairos.

He added, “In fact, we are taking this opportunity to grow this component of our portfolio as we see valuations pull back from all-time highs and the credit facility from Fannie Mae provides Kairos additional leverage and excellent flexibility with a lower cost of capital to do so. Our new facility will enable us to act on available opportunities strategically and close on affordable housing deals more quickly and efficiently.”

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