BOCA RATON, Fla. — Kayne Anderson Real Estate has hired Lee Levy as a senior managing director and head of real estate debt. Based in Boca Raton, Kayne Anderson is an investment firm across multiple property types, including seniors housing.
Levy will serve alongside CEO Al Rabil and CIO David Selznick as a portfolio manager for Kayne Anderson Real Estate’s debt platform, which pursues investment opportunities in Freddie Mac structured products, CMBS and direct loan originations and purchases across Kayne’s alternative niche sectors — medical office, seniors housing, student housing and multifamily, including attainable multifamily.
Levy will be responsible for leading all sourcing, underwriting and management of the portfolio, as well as for driving development of new debt products and supporting fundraising efforts for the debt platform.Levy joins Kayne Anderson Real Estate with over 20 years of real estate debt experience. He was most recently a managing director and co-head of U.S. real estate credit investing at Goldman Sachs Asset Management. Prior to joining Goldman in 2017, he was a managing director and founding member of TPG Real Estate Finance, a carve out of Deutsche Bank’s Commercial Real Estate Special Situations Group. Across these two roles, he oversaw nearly $8 billion in direct loan origination and secondary loan purchases. He previously held positions focused on commercial real estate debt at Centerbridge, Morgan Stanley and LNR Property Group.