---
schema_version: "secwatch.filing_event.v1"
accession: "0001631596-22-000045"
form_type: "8-K"
ticker: "KREF"
cik: "0001631596"
company_name: "KKR Real Estate Finance Trust Inc."
filed_at: "2022-10-24T23:59:59+00:00"
generated_at: "2026-06-23T01:39:38.213604+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# KKR Real Estate Finance Trust reports Q3 net loss of $48.4M, driven by $80.6M CECL increase

## Summary
- Net loss attributable to common stockholders $(48.4)M ($(0.70)/share) vs. net income $19.4M ($0.28) in Q2.
- Distributable Earnings $34.4M ($0.50/share) up from $33.1M ($0.48) in Q2.
- CECL allowance increased $80.6M to $114.9M, primarily due to office sector uncertainty.
- Portfolio $7.6B, 100% floating rate, avg LTV 67%; liquidity $916.2M incl. $183.3M cash.
- Repurchased 587,890 shares at avg $17.42; YTD total 2,085,370 shares at $17.13.

## SEC filing metadata
- accession: 0001631596-22-000045
- form_type: 8-K
- ticker: KREF
- cik: 0001631596
- company_name: KKR Real Estate Finance Trust Inc.
- filed_at: 2022-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1631596/000163159622000045/0001631596-22-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1631596/000163159622000045/kref-20221024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001631596-22-000045
- JSON: https://secwatch.observer/filing/0001631596-22-000045.json
- Plain text: https://secwatch.observer/filing/0001631596-22-000045.txt

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