The multifamily impact housing strategy follows Kayne Anderson’s core investment philosophy oriented toward providing strong risk-adjusted returns, with a comprehensive ESG approach that is accretive to risk-adjusted returns.
The undersupply for attainable housing is acute. Over the past 10 years, only 400k Class B multifamily units have been added to the U.S. housing market, compared to more than 2 million Class A units delivered over the same period. The supply/demand imbalance creates compelling opportunities for strong risk-adjusted returns.
Multifamily – existing and new development.
Top 50 MSAs with high barriers to entry for new supply, strong demographic and economic demand drivers (Population and job growth outpacing national averages and growing concentration of 18 to 30 year old’s) and a cost burdened renter-by-necessity population.
Environmental Sustainability: Invest in energy-efficient building systems, renewable technologies, and sustainable products/materials to decarbonize and reduce utility costs.
Social Impact: Deliver community-driven activations and investments with a focus on economic mobility, health/wellness, and education.
Housing Attainability: Develop and preserve multifamily housing that is attainable for the nation’s workforce.