---
schema_version: "secwatch.filing_event.v1"
accession: "0001631596-24-000037"
form_type: "8-K"
ticker: "KREF"
cik: "0001631596"
company_name: "KKR Real Estate Finance Trust Inc."
filed_at: "2024-10-21T23:59:59+00:00"
generated_at: "2026-05-30T12:21:48.965091+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# KKR Real Estate Finance Trust posts Q3 net loss of $13M as CECL allowance rises $36.4M

## Summary
- Net loss attributable to common stockholders of ($13.0)M ($0.19/diluted share) vs prior Q2 net income $20.2M ($0.29).
- Distributable earnings of $25.9M ($0.37/diluted share) compared to Distributable Loss of ($108.7)M in Q2.
- CECL allowance increased by $36.4M to $150.9M, primarily for risk-rated 5 life science loans.
- Liquidity of $637.6M including $109M cash and $475M undrawn revolver; received $290M loan repayments.
- Book value per share $14.84, down from $15.24 in prior quarter.

## SEC filing metadata
- accession: 0001631596-24-000037
- form_type: 8-K
- ticker: KREF
- cik: 0001631596
- company_name: KKR Real Estate Finance Trust Inc.
- filed_at: 2024-10-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1631596/000163159624000037/0001631596-24-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1631596/000163159624000037/kref-20241021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001631596-24-000037
- JSON: https://secwatch.observer/filing/0001631596-24-000037.json
- Plain text: https://secwatch.observer/filing/0001631596-24-000037.txt

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