secwatch.observer — SEC 8-K summary
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Issuer:     KKR Real Estate Finance Trust Inc. (KREF)
CIK:        0001631596
Form:       8-K
Filed at:   2025-02-03T23:59:59+00:00
Accession:  0001631596-25-000011
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KREF Q4 net income $0.21/sh but distributable loss ($0.21); BVPS $14.76
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- Net income attributable to common stockholders Q4 $14.6M ($0.21/diluted), full year $13.1M ($0.19).
- Distributable loss Q4 ($14.7M) or ($0.21)/share; full year ($70.7M) or ($1.02)/share.
- Loan portfolio $5.9B; received $457M repayments, funded $53M; 100% interest collected in Q4.
- Book value per share $14.76 including $119.6M CECL allowance ($1.74/sh); dividend held at $0.25.
- 2024 realized losses of $173.5M from loan resolutions; total leverage reduced to 3.6x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1631596/000163159625000011/0001631596-25-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1631596/000163159625000011/kref-20250203.htm
  HTML page:      https://secwatch.observer/filing/0001631596-25-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer