---
schema_version: "secwatch.filing_event.v1"
accession: "0001631596-22-000031"
form_type: "8-K"
ticker: "KREF"
cik: "0001631596"
company_name: "KKR Real Estate Finance Trust Inc."
filed_at: "2022-07-25T23:59:59+00:00"
generated_at: "2026-06-24T09:13:33.612187+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# KREF Q2 net income $19.4M ($0.28/sh), distributable earnings $33.1M ($0.48/sh); originations $1.03B

## Summary
- Net income $19.4M ($0.28 diluted) vs $29.8M ($0.46) in Q1; distributable earnings $33.1M ($0.48) vs $29.8M ($0.47).
- Originated $1.03B floating-rate multifamily/industrial loans; funded $948M; repaid $444M; portfolio $7.8B 100% performing.
- Completed 2.75M share offering at $19.51 for $53.7M net; repurchased 1.04M shares at $17.28 avg ($18.1M) in June.
- Added $450M non-mark-to-market financing facilities; increased revolver to $610M with March 2027 maturity.
- Book value $19.36/sh; CECL allowance $34.3M increased by $11.8M during Q2; average risk rating 3.0.

## SEC filing metadata
- accession: 0001631596-22-000031
- form_type: 8-K
- ticker: KREF
- cik: 0001631596
- company_name: KKR Real Estate Finance Trust Inc.
- filed_at: 2022-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1631596/000163159622000031/0001631596-22-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1631596/000163159622000031/kref-20220725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001631596-22-000031
- JSON: https://secwatch.observer/filing/0001631596-22-000031.json
- Plain text: https://secwatch.observer/filing/0001631596-22-000031.txt

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