KKR and Cornerstone Launch Billion-Dollar Plan for Healthcare Real Estate

KKR (NYSE: KKR) is quietly becoming a force in the real estate sector. While it doesn't have the name recognition in real estate investing as other major private-equity players like Brookfield and Blackstone, KKR has made several notable real estate deals this year. Its latest move is launching a joint venture with Cornerstone Companies focused on health care real estate.