---
schema_version: "secwatch.filing_event.v1"
accession: "0001631596-22-000023"
form_type: "8-K"
ticker: "KREF"
cik: "0001631596"
company_name: "KKR Real Estate Finance Trust Inc."
filed_at: "2022-04-25T23:59:59+00:00"
generated_at: "2026-06-26T05:03:50.515818+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# KREF Q1 distributable earnings $29.8M; book value per share rises to $19.46

## Summary
- Net income attributable to common stockholders $29.8M ($0.47 basic EPS) vs $35.2M ($0.59) in Q4 2021.
- Distributable earnings $29.8M ($0.47/sh) vs $(2.9)M in Q4; reflects strong operating performance.
- Originated $843.6M in floating-rate loans; funded $618.1M at weighted avg LTV 66% and coupon 3.4%.
- Closed $1.0B multifamily CLO; increased revolver to $520M and term lending to $750M.
- Book value per share $19.46, up for 8th consecutive quarter; liquidity $759.3M.

## SEC filing metadata
- accession: 0001631596-22-000023
- form_type: 8-K
- ticker: KREF
- cik: 0001631596
- company_name: KKR Real Estate Finance Trust Inc.
- filed_at: 2022-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1631596/000163159622000023/0001631596-22-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1631596/000163159622000023/kref-20220425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001631596-22-000023
- JSON: https://secwatch.observer/filing/0001631596-22-000023.json
- Plain text: https://secwatch.observer/filing/0001631596-22-000023.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.