KKR announces acquisition of NovA" at Knox in Dallas from KBS and Southern Land Company.

Global Banking News-October 14, 2021-KKR announces acquisition of NovÄ" at Knox in Dallas from KBS and Southern Land Company

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KKR & Co Inc (NYSE:KKR) and a national multifamily investment, development, and property management company, Kairoi Residential have acquired Nove at Knox in Dallas, Texas, USA, KKR declared on Wednesday.

Also, the 19-story, 310-unit class A luxury multifamily complex in the Knox/Henderson district near Downtown Dallas was completed in March 2021. This property was bought from KBS, an investor in premier commercial real estate; and Southern Land Company (SLC), a real estate developer of mixed-use developments and master-planned communities in the US. Kairoi will operate the property that was developed and operated by SLC in partnership with KBS.

Further, Nove at Knox is within walking distance to entertainment, dining and shopping venues and it features state-of-the art appliances, personal washers and dryers, luxury finishes, 10-ft ceilings and floor-to-ceiling windows with views of the city. Common-area amenities include 10,000 sq ft of private open space, 24-hour...

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