{"schema_version":"secwatch.filing_event.v1","accession":"0001631596-24-000007","form_type":"8-K","ticker":"KREF","cik":"0001631596","company_name":"KKR Real Estate Finance Trust Inc.","filed_at":"2024-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.873072+00:00","generated_at":"2026-06-06T08:09:53.485758+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":"KREF posts Q4 net loss $0.27/share; cuts quarterly dividend to $0.25 from $0.43","bullets":["Net loss of $18.7M ($0.27/diluted share) in Q4; full-year net loss $53.9M ($0.78/share).","Board declares quarterly dividend of $0.25/share (vs. $0.43 prior), payable April 15, 2024.","Book value per share fell to $15.52 from $16.29 in Q3; CECL allowance of $212.5M ($3.06/share).","Took title to $149.8M defaulted Philadelphia office loan; $58.7M realized loss recognized.","Loan portfolio $7.6B (99% floating rate, 9.0% yield); liquidity $630M; no debt maturities until 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001631596-24-000007","json":"https://secwatch.observer/filing/0001631596-24-000007.json","markdown":"https://secwatch.observer/filing/0001631596-24-000007.md","text":"https://secwatch.observer/filing/0001631596-24-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1631596/000163159624000007/0001631596-24-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1631596/000163159624000007/kref-20240206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T08:09:53.485758+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":"49193663d74970d5375030bfc17bc88804725f63","claim":"KKR Real Estate Finance Trust Inc. updated its first quarter of 2024 guidance (reaffirmed).","evidence_excerpt":"The Company's Board of Directors declared a dividend of $0.25 per share of common stock with respect to the first quarter of 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1631596/000163159624000007/0001631596-24-000007-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2024"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}