K-Star Asset Management LLC, an indirect subsidiary of global investment firm KKR&Co. Inc., was founded in April 2022 to provide asset management services for its parent's credit businesses, including acting as the special servicer in commercial mortgage-backed security transactions. We affirmed our overall AVERAGE ranking on K-Star Asset Management LLC as a commercial mortgage loan special servicer. The ranking outlook is stable. NEW YORK (S&P Global Ratings) May 21, 2025--S&P Global Ratings today affirmed its AVERAGE ranking on K-Star Asset Management LLC (K-Star) as a commercial mortgage loan special servicer. The ranking outlook is stable. Our ranking reflects K-Star's: Institutional commitment to the servicing platform and the commercial mortgage-backed security (CMBS) business, as well as the financial backing
