K-Star Asset Management
(K-Star)
Services
Asset Management
949 Sherry Lane, Suite 950, Dallas, Texas 75225
30 Hudson Yards, Suite 7500 New York, NY 10001
People:
K-Star Asset Management NYC portfolio
$5.4 million -walkup 100%; Brooklyn 100%*
5880th largest portfolio by dollar value
8,509 sqft – walkup 100%; Brooklyn 100%
6435th largest by SF
10 residential units – Brooklyn 100%
4850th largest by residential units
8 foreclosures, 2 bankruptcies, 0 other court cases.
Notes
Website: Established in April 2022, K-Star is a wholly owned subsidiary of KKR and provides investments services including special servicing, value-add asset management, underwriting and due diligence services, and asset-backed finance operations.
Company Activity past 24 months:
Buyer company: 1 for $5.4 million
Lender company: 2 for $44 million
Recent activity as company:
• SL Green Realty borrowed $12.2 million from K-Star Asset Management and Series 2019-B14 for 610 Park Avenue, Lenox Hill, Manhattan on March 04, 2026.
• Rachel Wagschal and Nathan Wagshal sold 856 Greene Avenue for $5.4 million to Series 2019-H6 and K-Star Asset Management on August 11, 2025.
• JSB Capital Group borrowed $31.8 million from Series 2020-B17 and K-Star Asset Management for 516 East 13 Street on September 30, 2024.
Latest Stories:
• BNF Capital pays $21M to Delshah Capital for mixed-use in Chelsea{ (July 14, 2025)
• Delshah files apparent consensual $30M bankruptcy for Meatpacking retail (May 09, 2025)
• JSB Capital pays $38M to Kushner Cos. for 6 East Village walkups (October 08, 2024)
• $28M pre-foreclosure at two Meatpacking buildings owned by Delshah Capital (July 18, 2024)
• $6.2M bankruptcy in Bedford Stuyvesant (May 11, 2023)
• Conway Capital pays $6.8M for 16-unit walkup in Park Slope (July 26, 2022)
Court Records:
Properties:
