Founded by Peter Bren and Charles J. Schreiber Jr. in 1992, KBS is one of the nation's preeminent buyers of commercial real estate and structured debt investments. In August 2014, KBS was ranked by Institutional Real Estate, Inc. and Property Funds Research as among the top real estate investment managers globally, and in December 2016, National Real Estate Investor ranked KBS the eleventh-largest office owner globally. KBS has a strong reputation in the industry for efficient and timely closing on large and complex transactions in the office, industrial, multifamily and retail sectors. KBS also originates and acquires debt positions collateralized by stabilized and value-added properties.
KBS Realty Advisors has created six institutional commingled funds, 14 separate accounts with public and corporate pension funds and five sovereign wealth funds. KBS Capital Advisors was formed in 2006 as the exclusive advisor for KBS' publicly registered non-traded REITs, which are designed to give individual investors the ability to invest in a similar type of real estate as KBS pension fund and institutional partners.
*Presented by calendar year for the period 1993 through March 31, 2017. The graph shows, by year, the aggregate value of the purchase price of the investments described below plus the sales or transfer price of any such investments sold or transferred (or the amount received upon the maturity or settlement of debt investments) during the applicable period. For each period, the value represents real estate and real estate-related investments acquired and disposed of by KBS-advised investors or KBS-sponsored programs (collectively, “KBS”). Includes equity investments in, and real estate-related debt investments secured by, real property assets, real property assets acquired through foreclosure, all consolidated joint venture investments and unconsolidated joint venture investments in which KBS owned or owns a majority interest, but excludes unconsolidated joint venture investments in which KBS did not or does not own a majority interest. Consolidated joint venture investments and unconsolidated joint venture investments in which KBS owned or owns a majority interest are shown at 100% of the respective purchase and/or sales price. Includes the following properties for which third-party asset managers unaffiliated with a KBS advisor provide asset management services, business and operation plans and other services: 867 bank branches, office buildings, operations centers and other properties; apartment and hotel properties; and an unconsolidated joint venture investment in which KBS owns a majority interest.
KBS Realty Advisors and its affiliate KBS Capital Advisors represent a team of true real estate professionals who live and breathe real estate and are excited about operating real estate investments to maximize their full potential.
Founded by Peter Bren and Charles J. Schreiber Jr. in 1992, KBS Realty Advisors invests in, manages, develops and sells high-quality U.S. commercial real estate on behalf of pension funds, sovereign wealth funds and other institutional investors.
Formed in 2004, KBS Capital Advisors is the exclusive advisor for KBS’ publicly registered non-traded REITs, which are designed to give individual investors the ability to invest in a similar type of real estate as KBS pension fund and institutional partners. KBS Capital Advisors is led by partners Peter Bren, Charles Schreiber Jr., Keith Hall and Peter McMillan.
Formed in 2005, KBS Capital Markets Group is the capital-raising platform for KBS' publicly registered non-traded REITs. KBS Capital Markets Group is the distribution team that connects advisors and clients to KBS REIT investment products.
*For the four quarters ended March 31, 2017: Expressed as gross square footage reflecting new, expansion and renewal leasing activity for the period indicated at all real estate investments, excluding multifamily and hotel real estate investments, owned by KBS-advised investors or KBS-sponsored programs (collectively “KBS”). The gross leasing figure does not take into account reductions of leased space, lease terminations or lease expirations. The real estate investments captured include equity investments in real property assets, real property assets acquired through foreclosure, all consolidated joint venture investments and unconsolidated joint venture investments in which KBS owns a majority interest, but excludes unconsolidated joint venture investments in which KBS does not own a majority interest. Excludes leasing activity at properties securing real estate-related debt investments owned by KBS. Equity investments owned by KBS are typically managed by third-party property managers unaffiliated with a KBS advisor that KBS has selected often through a competitive bid process, due to their services offered, fees charged and/or relative market expertise. The gross leasing figure includes leasing activity at the following properties for which third-party asset managers unaffiliated with a KBS advisor provide asset management services, business and operation plans and other services: 14 bank branches, office buildings, operations centers and other properties; and an unconsolidated joint venture investment in which KBS owns a majority interest.
As of March 31, 2017. Expressed as a raw number reflecting the total number of tenants with current leases at all real estate investments, excluding multifamily and hotel real estate investments, owned by KBS-advised investors or KBS-sponsored programs (collectively “KBS”). The real estate investments captured include equity investments in real property assets, real property assets through foreclosure, all consolidated joint venture investments and unconsolidated joint venture investments in which KBS owns a majority interest, but excludes unconsolidated joint venture investments in which KBS does not own a majority interest. Excludes tenants of properties securing real estate-related debt investments owned by KBS. The total number of tenants includes tenants of the following properties for which third-party asset managers unaffiliated with a KBS advisor provide asset management services, business and operation plans and other services: 14 bank branches, office buildings, operations centers and other properties; and an unconsolidated joint venture investment in which KBS owns a majority interest.
As of March 31, 2017. Represents real estate and real estate-related investments owned by KBS-advised investors or KBS-sponsored programs (collectively, “KBS”). Includes equity investments in, and real estate-related debt investments secured by, real property assets, real property assets acquired through foreclosure, all consolidated joint venture investments and unconsolidated joint venture investments in which KBS owns a majority interest, but excludes unconsolidated joint venture investments in which KBS does not own a majority interest. The values of equity investments, foreclosures and joint venture investments are based on internal or external valuations within the last 12 months, if available, or the purchase price of the investment plus subsequent capital expenditures if a valuation is not available. With respect to assets acquired through foreclosure, if a valuation of the foreclosed asset is not available, the foreclosed asset is valued at the cost of the original investment in the loan. The values of debt investments are based on internal valuations. The values of all assets represented are periodically adjusted to reflect material impairments, if any, subsequent to the date the asset was last valued or subsequent to the acquisition date for assets for which an internal or external valuation has not been provided. Includes the following properties for which third-party asset managers unaffiliated with a KBS advisor provide asset management services, business and operation plans and other services: 14 bank branches, office buildings, operations centers and other properties; apartment and hotel properties; and an unconsolidated joint venture investment in which KBS owns a majority interest.
As of March 31, 2017. Represents real estate investments owned by KBS-advised investors or KBS-sponsored programs (collectively, “KBS”). Includes equity investments in real property assets, real property assets acquired through foreclosure, all consolidated joint venture investments and unconsolidated joint venture investments in which KBS owns a majority interest, but excludes unconsolidated joint venture investments in which KBS does not own a majority interest. Square footage of real estate-related debt investments is excluded. Includes the following properties for which third-party asset managers unaffiliated with a KBS advisor provide asset management services, business and operation plans and other services: 14 bank branches, office buildings, operations centers and other properties; apartment and hotel properties; and an unconsolidated joint venture investment in which KBS owns a majority interest.
*As of March 31, 2017. Represents the aggregate value of each property type of real estate investment owned by KBS-advised investors or KBS-sponsored programs (collectively, “KBS”). Includes equity investments in real property assets, real property assets acquired through foreclosure, all consolidated joint venture investments and unconsolidated joint venture investments in which KBS owns a majority interest, but excludes unconsolidated joint venture investments in which KBS does not own a majority interest. Excludes real estate-related debt investments secured by real property assets owned by KBS. The values of equity investments, foreclosures and joint venture investments are based on internal or external valuations within the last 12 months, if available, or the purchase price of the investment plus subsequent capital expenditures if a valuation is not available. With respect to assets acquired through foreclosure, if a valuation of the foreclosed asset is not available, the foreclosed asset is valued at the cost of the original investment in the loan. The values of all assets represented are periodically adjusted to reflect material impairments, if any, subsequent to the date the asset was last valued or subsequent to the acquisition date for assets for which an internal or external valuation has not been provided. Includes the following properties for which third-party asset managers unaffiliated with a KBS advisor provide asset management services, business and operation plans and other services: 14 bank branches, office buildings, operations centers and other properties; apartment and hotel properties; and an unconsolidated joint venture investment in which KBS owns a majority interest.
Our affiliate, KBS Capital Markets Group is the distribution team that connects advisors and clients to KBS REIT investment products.