{"schema_version":"secwatch.filing_event.v1","accession":"0001631596-23-000032","form_type":"8-K","ticker":"KREF","cik":"0001631596","company_name":"KKR Real Estate Finance Trust Inc.","filed_at":"2023-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.622813+00:00","generated_at":"2026-06-13T04:14:48.038119+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"KREF Q2 net loss $0.37/share; CECL allowance up $56M; book value down to $16.38","bullets":["Net loss attributable to common stockholders of $25.8M ($0.37/diluted share) vs. $30.8M ($0.45) in Q1.","Distributable Earnings of $33.1M ($0.48/diluted share), flat QoQ; quarterly dividend $0.43/share covered 1.1x.","CECL allowance increased $56.3M ($0.82/share) primarily on risk-rated 5 senior office loans.","Book value per share fell to $16.38 from $17.16; liquidity $799.6M; repaid $143.8M convertible notes.","Portfolio $7.8B, 99% floating rate with 8.8% all-in yield; 56% multifamily/industrial; 99% interest collected."],"urls":{"canonical":"https://secwatch.observer/filing/0001631596-23-000032","json":"https://secwatch.observer/filing/0001631596-23-000032.json","markdown":"https://secwatch.observer/filing/0001631596-23-000032.md","text":"https://secwatch.observer/filing/0001631596-23-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1631596/000163159623000032/0001631596-23-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1631596/000163159623000032/kref-20230724.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T04:14:48.038119+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":[{"claim_id":"28ade9b224ea802b98b2633c905921e11d764e2e","claim":"KKR Real Estate Finance Trust Inc. reported the three months ended June 30, 2023 results: net income ($25.8) million, EPS ($0.37) per diluted share.","evidence_excerpt":"Reported net loss attributable to common stockholders of ($25.8) million, or ($0.37) per diluted share of common stock, for the three months ended June 30, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1631596/000163159623000032/0001631596-23-000032-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended June 30, 2023"},{"label":"Net income","value":"($25.8) million"},{"label":"EPS","value":"($0.37) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}