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KKR, CP Realty Join Forces for Williston Housing Community

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KKR, CP Realty Join Forces for Williston Housing Community

Answering the call to build permanent housing in one of the fastest-growing cities in the United States, the City of Williston today announced that affiliates and clients of Kohlberg Kravis Roberts & Co (KKR) including KKR Financial Holdings LLC (KFN), along with co-investors Pfeffer Capital and CP Realty, have acquired land to develop a high quality, permanent residential community in Williston, North Dakota. Financial terms of the transaction were not disclosed.

"Williston is one of the fastest growing cities in America and we are dedicated to building a long-term sustainable community. We are thrilled to work with new partners like KKR, Pfeffer Capital and CP Realty to provide the quality housing alternatives we need to support the demand created by our thriving economy,"Ward Koeser…

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