---
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"
generated_at: "2026-06-06T08:09:53.485758+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# KREF posts Q4 net loss $0.27/share; cuts quarterly dividend to $0.25 from $0.43

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001631596-24-000007
- JSON: https://secwatch.observer/filing/0001631596-24-000007.json
- Plain text: https://secwatch.observer/filing/0001631596-24-000007.txt

## Key facts
- Earnings Releases
  KKR Real Estate Finance Trust Inc. updated its first quarter of 2024 guidance (reaffirmed).
  - Period: first quarter of 2024
  - Guidance: reaffirmed
  - Result: guidance update
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1631596/000163159624000007/0001631596-24-000007-index.htm

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