BHI Provides $100 Million Capital Call Line to KRE Capital Management

NEW YORK, July 15, 2026 – BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, has provided a $100 million capital call line of credit to KRE Capital Management, a newly-launched $425 million credit platform with a lending capacity of more than $1 billion that’s focused on investing in residential real estate assets, specifically multi-family rental and for-sale condominium projects across the United States, with a geographic emphasis on the New York Tri-State area, Florida, and Texas.  

The financing will provide KRE Capital with additional liquidity and speed to deploy capital for target investments.

KRE Capital Management is a private credit investment manager that originates senior-secured financing solutions for real estate developers through its discretionary fund and affiliated private investment vehicles. Formed through a joint venture between Kriss Capital and Klirmark Capital, the platform combines Kriss Capital's real estate development and investment expertise with Klirmark's institutional credit investing pedigree and discipline. 

Klirmark Capital Group is an investment advisor focusing on local and global credit driven and special situations investment opportunities. The firm was founded in 2009 by an experienced investment team and has raised ~ $2.4B in four funds to date from large institutional investors.

Kriss Capital is a real estate investment and development firm operating across the capital stack.  Through its credit platform it manages a discretionary fund that provides bridge, construction, and inventory loans to residential real estate developers, enabling them to execute their business plans efficiently. 

Since its launch, KRE Capital has developed a substantial pipeline of opportunities, with more than $1.5 billion in potential transactions under review or active negotiation. Prospective investments range from $30 million to more than $400 million and are sourced through an extensive network of brokers, developers, and repeat sponsors.

"We're pleased to support KRE Capital as it launches its credit platform, backing an experienced team with a disciplined approach and a substantial deal pipeline," said Sal Demma, First Vice President, International C&I at BHI. “This capital call facility from BHI gives the team the operational speed and liquidity to execute on a robust pipeline, and we look forward to supporting KRE Capital's growth as a long-term banking partner."

"Having a banking partner of BHI's caliber alongside us as we launch KRE Capital is a real validation of the platform we've built. It allows us to deploy capital efficiently against a substantial pipeline while continuing to generate attractive, risk-adjusted returns for our investors" said Jody Kriss, Managing Partner at KRE Capital.

BHI, the U.S Branch of Bank Hapoalim, B.M., Israel's leading financial institution, provides commercial banking solutions to middle market clients in sectors including commercial real estate; general, domestic and Israeli C&I; private equity and specialty finance; renewable energy; healthcare; corporate banking; and technology and data centers.  In addition to its New York headquarters, the bank operates U.S. Representative Offices in Woodcliff Lake, New Jersey; Miami, Florida; and Los Angeles, California. For more information, visit www.bhiusa.com.