{"schema_version":"secwatch.filing_event.v1","accession":"0001631596-24-000025","form_type":"8-K","ticker":"KREF","cik":"0001631596","company_name":"KKR Real Estate Finance Trust Inc.","filed_at":"2024-07-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.875785+00:00","generated_at":"2026-05-31T18:33:38.991568+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"KREF reports Q2 net income $0.29/share but distributable loss of $1.57 on $136M realized losses","bullets":["Net income attributable to common stockholders of $20.2M ($0.29 diluted EPS), vs net loss of ($8.7M) in Q1 2024.","Distributable loss of ($108.7M) or ($1.57) per share, driven by $136M realized losses on deed-in-lieu and write-offs.","Received $384.5M in loan repayments; repaid $241.5M in financing; debt-to-equity ratio reduced to 1.9x.","Book value per share $15.24, down from $16.38 a year ago; CECL allowance of $115M ($1.65/share).","Dividend maintained at $0.25 per share (down from $0.43 in Q2 2023); liquidity position $643.9M."],"urls":{"canonical":"https://secwatch.observer/filing/0001631596-24-000025","json":"https://secwatch.observer/filing/0001631596-24-000025.json","markdown":"https://secwatch.observer/filing/0001631596-24-000025.md","text":"https://secwatch.observer/filing/0001631596-24-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1631596/000163159624000025/0001631596-24-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1631596/000163159624000025/kref-20240722.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T18:33:38.991568+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"}