{"schema_version":"secwatch.filing_event.v1","accession":"0001631596-23-000022","form_type":"8-K","ticker":"KREF","cik":"0001631596","company_name":"KKR Real Estate Finance Trust Inc.","filed_at":"2023-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.746331+00:00","generated_at":"2026-06-16T18:57:10.882809+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"KKR Real Estate Finance Trust Q1 net loss $0.45/share; CECL reserve up $60.5M","bullets":["Net loss of $30.8M ($0.45 diluted) vs. net income of $14.6M ($0.21) in Q4 2022, driven by $60.5M CECL provision.","Distributable Earnings of $33.1M ($0.48/share) cover the $0.43 quarterly dividend.","Book value per share fell to $17.16 from $18.00 at Q4 2022; CECL allowance now $171.6M ($2.48/share).","Loan portfolio $7.9B, 100% floating rate, weighted avg yield 8.5%; liquidity $892M including $254M cash.","Extended $600M repurchase facility to Dec 2025 and $500M warehouse to Mar 2026; 76% financing is non-mark-to-market."],"urls":{"canonical":"https://secwatch.observer/filing/0001631596-23-000022","json":"https://secwatch.observer/filing/0001631596-23-000022.json","markdown":"https://secwatch.observer/filing/0001631596-23-000022.md","text":"https://secwatch.observer/filing/0001631596-23-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1631596/000163159623000022/0001631596-23-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1631596/000163159623000022/kref-20230424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T18:57:10.882809+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}