Photo of Ralph Rosenberg When targeting real estate opportunities, “We’re leveraging our whole franchise at KKR,”Rosenberg said Wednesday.

NEW YORK CITY—“We fundamentally focus on themes that have really strong drivers for demand,” Ralph Rosenberg, global head of real estate at KKR, said in a Bloomberg News interview Wednesday. “So right now we’re really focused on all the housing themes—seniors housing, student housing, multifamily housing—alongside the theme of looking at the Sunbelt states and the migration of population to the major cities in the South, where there’s low tax jurisdiction and, obviously, great weather.”