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:   2021-07-26T23:59:59+00:00
Accession:  0001631596-21-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KREF Q2 net income $29.3M ($0.52/sh); origination $967M; $1.3B CLO priced
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- Net income $29.3M ($0.52/sh); Distributable Earnings $30.4M ($0.54/sh) for Q2 2021.
- Originated eight senior loans totaling $967.1M; loan repayments $271.0M during quarter.
- Issued 6.9M shares of 6.5% Series A Preferred for net proceeds $167.1M.
- Priced $1.30B managed CLO in July, expected to close Aug 16 with L+1.30% cost.
- Portfolio $5.6B funded, 97.9% performing, 99.9% floating-rate; book value $18.91/sh.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1631596/000163159621000039/0001631596-21-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1631596/000163159621000039/kref-20210726.htm
  HTML page:      https://secwatch.observer/filing/0001631596-21-000039

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