secwatch.observer — SEC 8-K summary
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Issuer:     KKR Real Estate Finance Trust Inc. (KREF)
CIK:        0001631596
Form:       8-K
Filed at:   2026-07-21T20:42:05+00:00
Accession:  0001628280-26-049023
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KREF reports Q2 2026 net loss of $1.95/share; loan loss provision $119.8M
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- Net loss attributable to common stockholders of $121.8M ($1.95/share) vs. $61.9M loss in Q1 2026.
- Distributable loss of $36.4M ($0.58/share) vs. $4.1M loss in prior quarter.
- Loan loss allowance increased by $119.8M ($1.92/share) primarily for risk-rated 5 and held-for-sale loans.
- Book value per share $10.24 as of June 30, 2026; Board reviewing strategic alternatives.
- Repurchased 5.7M shares at avg $6.63 for $38.0M; liquidity $721.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1631596/000162828026049023/0001628280-26-049023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1631596/000162828026049023/a202606-kref8xk.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-049023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer