KKR Real Estate Finance Trust

KKR Real Estate Finance Trust, Inc. is a real estate finance company, which focuses primarily on originating and acquiring senior loans secured by commercial real estate assets. Its target assets include mezzanine loans, preferred equity and other debt-oriented instruments. The company's investment objective is capital preservation and generating attractive risk-adjusted returns for its stockholders over the long term, primarily through dividends. KKR Real Estate Finance Trust was founded on October 2, 2014 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

KKR Real Estate Finance Trust (KREF) reports solid Q4 performance

KKR Real Estate Finance Trust (KREF) demonstrated solid financial performance in Q4 2022, focusing on multifamily and industrial properties while actively managing risks in the office sector.
The company maintained high liquidity levels, modified loans to reduce exposure, and showed strength in the multifamily sector with positive credit performance.
Challenges include managing office sector liquidity, discussions on modifications, and concerns about CMBS exposure, while opportunities lie in future lending prospects and favorable real estate credit investments.

KKR Real Estate Finance Trust reports solid Q1 performance and navigates challenges

KREF delivered strong financial performance in Q1 2023, supported by a robust liquidity position and strategic portfolio composition.
While facing challenges in the office sector, the company is proactively managing reserves and focusing on defensive strategies.
Opportunities for growth lie in increasing liquidity, exploring diverse financing options, and leveraging market opportunities for strategic advantage.

KKR Real Estate Finance Trust reports mixed Q2 results and navigates loan challenges

KREF's Q2 performance showed a mix of losses and earnings, with a focus on managing CECL provisions and maintaining liquidity. The company's strengths lie in diverse lending activities, strong financing structure, and progress on key initiatives.
Challenges include increased reserves, potential losses impacting distributable earnings, and the need to address specific loan concerns. Opportunities exist in resolving risk-rated loans, optimizing outcomes, and leveraging market conditions.
Overall, KREF faces a dynamic landscape with opportunities to enhance performance through strategic decision-making, timely updates, and a focus on aligning with distributable earnings projections.

KKR Real Estate Finance Trust reports solid Q3 earnings performance

KREF's Q3 performance reflects resilience and adaptability in a dynamic market
Strong liquidity position and proactive asset management are key strengths
Challenges include limited loan repayments and cost implications of office spaces
Opportunities lie in positive market perceptions and effective portfolio management

KKR Real Estate Finance Trust faces losses but eyes growth opportunities

KREF navigated challenges in Q4 with a focus on asset optimization and proactive management strategies. Despite losses, the company's performance remains stable, with opportunities for growth in a changing market landscape.

KKR Real Estate Finance Trust reports mixed Q1 results and eyes deleveraging opportunities

KREF's Q1 2024 performance reflects a mix of challenges and strengths, with a focus on managing asset quality, liquidity, and risk reserves.
The company's proactive approach to deleveraging and strategic investments presents opportunities for growth and value creation in the real estate finance sector.
Investors should monitor KREF's asset performance, risk management strategies, and capital deployment decisions to assess its financial resilience and growth potential.

KKR Real Estate Finance Trust reports mixed Q2 performance

KREF's Q2 performance reflects a mix of positive and negative financial indicators.
The trust's strengths lie in its diversified portfolio, liquidity position, and prudent risk management.
Challenges include negative distributable earnings and market uncertainties.
Opportunities exist in the recovering real estate market and strategic investment decisions.

KKR Real Estate Finance Trust reports mixed Q3 performance outlook

KREF's Q3 performance showed a mix of challenges and strengths, with a focus on resolving watch list loans and optimizing the loan portfolio.
Despite a GAAP net loss, distributable earnings covered dividends, and the company remains well-positioned with ample liquidity and reduced leverage.
Management's optimism about future origination opportunities and market position signals confidence in KREF's growth potential.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

KKR Real Estate Finance Trust, Inc. engages in originating and acquiring transitional senior loans secured by commercial real estate assets. Its target assets include mezzanine loans, preferred equity, and other debt-oriented instruments. The company was founded on October 2, 2014 and is headquartered in New York, NY.

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that it plans to release its financial results for the third quarter 2021 on Monday, October 25, 2021, after the closing of trading on the New York Stock Exchange. A conference call to discuss KREF's financial results will be held on Tuesday, October 26, 2021 at 9:00 a.m. ET. The conference call may be accessed by dialing (844) 784-1730 (U.S. callers) or +1 (412) 380-7410 (non-U.S. callers); a pa

KKR Real Estate Finance Trust Inc. to Announce Third Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that Matt Salem, Chief Executive Officer, will participate in a panel discussion at the KBW Virtual CRE Day on Wednesday, September 29, 2021 at 10:15 AM ET. A live audio webcast of the presentation will be available on the Investor Center section of KREF's website at http://www.kkrreit.com/investor-relations/events-and-presentations. For those unable to listen to the live audio webcast, a replay

KKR Real Estate Finance Trust Inc. to Present at the KBW Virtual CRE Day

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) today announced the closing of KREF 2021-FL2, a $1.3 billion managed Commercial Real Estate Collateralized Loan Obligation (“FL2 CRE CLO”) on August 16, 2021. In conjunction with this transaction, the Company called KREF 2018-FL1. The FL2 CRE CLO finances one mortgage loan and 19 pari passu participation interests in KREF's loan portfolio, and provides KREF with match-term financing on a non-mar

KKR Real Estate Finance Trust Inc. Announces Closing of $1.3 Billion CLO

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today reported its second quarter 2021 results, which have been posted to the Investor Relations section of KREF's website at http://www.kkrreit.com/investor-relations/events-and-presentations. A conference call to discuss KREF's financial results will be held on Tuesday, July 27, 2021 at 9:00 a.m. ET. The conference call may be accessed by dialing (844) 784-1730 (U.S. callers) or +1 (412) 380-7410 (non-U.S. cal

KKR Real Estate Finance Trust Inc. Reports Second Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that it plans to release its financial results for the second quarter 2021 on Monday, July 26, 2021, after the closing of trading on the New York Stock Exchange. A conference call to discuss KREF's financial results will be held on Tuesday, July 27, 2021 at 9:00 a.m. ET. The conference call may be accessed by dialing (844) 784-1730 (U.S. callers) or +1 (412) 380-7410 (non-U.S. callers); a pass co

KKR Real Estate Finance Trust Inc. to Announce Second Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that Matt Salem, Chief Executive Officer, will present at the Nareit REITweek Virtual Investor Conference on Wednesday, June 9, 2021 at 11:45 AM ET. A live audio webcast of the presentation will be available on the Investor Center section of KREF's website at http://www.kkrreit.com/investor-relations/events-and-presentations. For those unable to listen to the live audio webcast, a replay will be

KKR Real Estate Finance Trust Inc. to Present at the Nareit REITweek Virtual Investor Conference

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced the pricing of the underwritten public offering of 5,000,000 shares of KREF common stock (the “Offering”) by KKR REFT Holdings L.P., a subsidiary of KKR & Co. Inc. (the “KKR Stockholder”). In addition, the KKR Stockholder has agreed to grant the underwriters a 30-day option to purchase up to an additional 750,000 shares of KREF common stock (the “Overallotment Option”). KREF is not selling an

KKR Real Estate Finance Trust Inc. Announces Pricing of Secondary Offering of Common Stock by KKR REFT Holdings L.P.

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced that KKR REFT Holdings L.P., a subsidiary of KKR & Co. Inc. (the “KKR Stockholder”), has agreed to sell in an underwritten secondary offering a total of 5,000,000 shares of KREF common stock (the “Offering”). In addition, the KKR Stockholder has agreed to grant the underwriters a 30-day option to purchase up to an additional 750,000 shares of KREF common stock (the “Overallotment Option”). KR

KKR Real Estate Finance Trust Inc. Announces Secondary Offering of Common Stock by KKR REFT Holdings L.P.

I'm generally not a participant in publicly-listed private equity, although I do own shares in Blackstone.

KKR Real Estate: A Private Equity Sponsor In A Real Estate Wrapper

KKR Real Estate Finance Trust Inc. (KREF) CEO Matt Salem on Q1 2021 Results - Earnings Call Transcript

Brookfield Renewable Partners

First Guaranty Bancshares

New Residential Investment

OFS Credit Company Inc

Textainer Group Holdings Limited

XAI Octagon Floating Rate & Alternative Income Term Trust

XOMA

As April 2021 comes to a close, we look back at the new preferred stocks and ETDs introduced during the month, offering annual yields ranging from 4.625 to 8.375 percent. Here is a comparison, against highest quality preferred stocks in our coverage universe, as ranked by our internal “CDx3 Compliance Score” metric.

New Preferred Stock IPOs, April 2021

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today reported its first quarter 2021 results, which have been posted to the Investor Relations section of KREF's website at http://www.kkrreit.com/investor-relations/events-and-presentations. A conference call to discuss KREF's financial results will be held on Tuesday, April 27, 2021 at 10:00 a.m. ET. The conference call may be accessed by dialing (844) 784-1730 (U.S. callers) or +1 (412) 380-7410 (non-U.S. ca

KKR Real Estate Finance Trust Inc. Reports First Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that it plans to release its financial results for the first quarter 2021 on Monday, April 26, 2021, after the closing of trading on the New York Stock Exchange. A conference call to discuss KREF's financial results will be held on Tuesday, April 27, 2021 at 10:00 a.m. ET. The conference call may be accessed by dialing (844) 784-1730 (U.S. callers) or +1 (412) 380-7410 (non-U.S. callers); a pass

KKR Real Estate Finance Trust Inc. to Announce First Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced the pricing of a public offering of 6,000,000 shares of its 6.50% Series A Cumulative Redeemable Preferred Stock (the “Preferred Stock”) at a public offering price of $25.00 per share. KREF also granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of the Preferred Stock at the public offering price, less underwriting discounts and commissions. The Preferred Stoc

KKR Real Estate Finance Trust Inc. Announces Pricing of Public Offering of 6.50% Series A Cumulative Redeemable Preferred Stock

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced the launch of a public offering of shares of its Series A Cumulative Redeemable Preferred Stock (the “Preferred Stock”) with a $25.00 per share liquidation preference. KREF intends to use the net proceeds from the offering to acquire its target assets in a manner consistent with its investment strategies and investment guidelines and for general corporate purposes. KREF intends to file an applica

KKR Real Estate Finance Trust Inc. Announces Launch of Public Offering of Series A Cumulative Redeemable Preferred Stock

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that Matt Salem, Chief Executive Officer, will present at the Citi 2021 Virtual Global Property CEO Conference on Monday, March 8, 2021 at 8:15 AM ET. A live audio webcast of the presentation will be available on the Investor Center section of KREF's website at http://www.kkrreit.com/investor-relations/events-and-presentations. For those unable to listen to the live audio webcast, a replay will b

KKR Real Estate Finance Trust Inc. to Present at the Citi 2021 Virtual Global Property CEO Conference

KKR Real Estate Finance Trust Inc. (KREF) CEO Matt Salem on Q4 2020 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today reported its fourth quarter and full year 2020 results, which have been posted to the Investor Relations section of KREF's website at http://www.kkrreit.com/investor-relations/events-and-presentations. A conference call to discuss KREF's financial results will be held on Wednesday, February 17, 2021 at 10:00 a.m. ET. The conference call may be accessed by dialing (844) 784-1730 (U.S. callers) or +1 (412) 3

KKR Real Estate Finance Trust Inc. Reports Fourth Quarter and Full Year 2020 Results

AllianceBernstein Hld

TCG BDC

Plains GP Hlds

Top Ranked Income Stocks to Buy for February 11th

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (NYSE: KREF) (the “Company” or “KREF”) today announced an update to the tax treatment of its 2020 common stock and special voting preferred stock dividends. The following table summarizes KKR Real Estate Finance Trust Inc.'s common stock and special voting preferred stock dividend payments for the tax year ended December 31, 2020: Tax Treatment of 2020 Dividends   Record Date   Payment Date   Cash Disbursement   Adjustment   Dividend

KKR Real Estate Finance Trust Inc. Updated Tax Treatment of 2020 Dividends

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced the tax treatment of its 2020 common stock and special voting preferred stock dividends. The following table summarizes KKR Real Estate Finance Trust Inc.'s common stock and special voting preferred stock dividend payments for the tax year ended December 31, 2020:   Tax Treatment of 2020 Dividends   Record Date   Payment Date   Cash Disbursement   Adjustment   Dividend(1)   Ordinary Dividends(2)

KKR Real Estate Finance Trust Inc. Tax Treatment of 2020 Dividends

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that it plans to release its financial results for the fourth quarter and full year 2020 on Tuesday, February 16, 2021, after the closing of trading on the New York Stock Exchange. A conference call to discuss KREF's financial results will be held on Wednesday, February 17, 2021 at 10:00 a.m. ET. The conference call may be accessed by dialing (844) 784-1730 (U.S. callers) or +1 (412) 380-7410 (no

KKR Real Estate Finance Trust Inc. to Announce Fourth Quarter and Full Year 2020 Results

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE:KREF) today announced that, based on recent guidance from the Securities and Exchange Commission, commencing with its fourth quarter 2020 earnings release and Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and for subsequent reporting periods, the Company has elected to present Distributable Earnings, a measure that is not prepared in accordance with GAAP, as a supplement to KRE

KKR Real Estate Finance Trust Inc. Announces Adoption of Distributable Earnings Performance Metric

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE:KREF) today announced that it closed seven floating-rate loans totaling approximately $565.4 million of commitments in the fourth quarter of 2020. As of year-end, the outstanding funded portfolio was approximately $5.0 billion. Commenting on the fourth quarter activity, Matt Salem, Chief Executive Officer, said: “2020 was an unprecedented period. We began the year with a high quality and defensive port

KKR Real Estate Finance Trust Inc. Announces Fourth Quarter 2020 Originations of $565.4 Million

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that Matt Salem, Chief Executive Officer and Patrick Mattson, President and Chief Operating Officer, will present at the Nareit REITworld 2020 Annual Conference on Wednesday, November 18, 2020 at 9:30 AM ET. A live audio webcast of the presentation will be available on the Investor Center section of KREF's website at http://www.kkrreit.com/investor-relations/events-and-presentations. For those un

News for KKR Real Estate Finance Trust Stock (KREF)