{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-045715","form_type":"8-K","ticker":"KREF","cik":"0001631596","company_name":"KKR Real Estate Finance Trust Inc.","filed_at":"2025-10-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.989854+00:00","generated_at":"2026-05-17T03:02:26.110476+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"KREF reports Q3 net income $0.12/shr vs loss $0.53 Q2; distributable loss of $0.03/shr","bullets":["Net income $8.1M ($0.12/shr) vs net loss ($35.4M) ($0.53/shr) in Q2; distributable loss ($2.3M) ($0.03/shr).","Originated $131.9M in two floating-rate loans (multifamily); received $479.7M loan repayments.","Upsized secured term loan to $650M, spread cut 75bps to S+2.50%; revolver increased $40M to $700M.","Realized $14.4M loss resolving a risk-rated 5 loan via deed-in-lieu; repurchased $4.2M in stock.","Book value per share $13.78 (incl. $2.45/shr CECL); liquidity $933M; dividend $0.25/shr unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-045715","json":"https://secwatch.observer/filing/0001628280-25-045715.json","markdown":"https://secwatch.observer/filing/0001628280-25-045715.md","text":"https://secwatch.observer/filing/0001628280-25-045715.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1631596/000162828025045715/0001628280-25-045715-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1631596/000162828025045715/kref-20251021.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:02:26.110476+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}