{"schema_version":"secwatch.filing_event.v1","accession":"0001631596-25-000018","form_type":"8-K","ticker":"KREF","cik":"0001631596","company_name":"KKR Real Estate Finance Trust Inc.","filed_at":"2025-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.134282+00:00","generated_at":"2026-05-23T08:11:42.200068+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"KREF reports Q1 net loss $0.15/share; Distributable Earnings $0.25/share; CECL up $24.9M","bullets":["Net loss of $10.6M ($0.15 diluted EPS); Distributable Earnings of $17.0M ($0.25/share).","CECL allowance increased $24.9M to $144.4M, driven by watchlist multifamily and life science loans.","Originated $376M in four floating-rate loans; funded $374M; liquidity of $720M at quarter end.","Book value per share $14.44; declared $0.25 dividend; repurchased 889K shares at avg $11.03.","Refinanced Term Loan B to $550M at S+3.25%; increased revolver to $660M; added $300M non-mark-to-market facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001631596-25-000018","json":"https://secwatch.observer/filing/0001631596-25-000018.json","markdown":"https://secwatch.observer/filing/0001631596-25-000018.md","text":"https://secwatch.observer/filing/0001631596-25-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1631596/000163159625000018/0001631596-25-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1631596/000163159625000018/kref-20250423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T08:11:42.200068+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"}