KBS REIT II is a non-traded Real Estate Investment Trust (REIT) that closed its initial public offering on December 31, 2010. KBS REIT II used a “hybrid” real estate investment strategy by acting as both an owner of real property and as a lender. As a result, KBS REIT II acquired a diversified blend of Class A office and industrial properties in major metropolitan markets, as well as real estate-related loans. The strategy of KBS REIT II was intended to provide increased risk management as well as broad portfolio diversification by property type, geographical region, investment size, and investment risk.