{"schema_version":"secwatch.filing_event.v1","accession":"0001631596-25-000039","form_type":"8-K","ticker":"KREF","cik":"0001631596","company_name":"KKR Real Estate Finance Trust Inc.","filed_at":"2025-07-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.524939+00:00","generated_at":"2026-05-18T04:19:10.055216+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"KREF reports Q2 net loss of $0.53/sh; distributable loss $0.04; CECL reserve up $50M","bullets":["Net loss $35.4M ($0.53/diluted) vs prior Q1 loss $10.6M; distributable loss $2.9M ($0.04) vs prior distributable earnings $17.0M.","CECL allowance increased $49.8M to $173.9M ($2.64/sh) mainly on watchlist loans in office and life science sectors.","Funded $210M in two floating-rate loans; collected $450M repayments; liquidity $757M including $620M undrawn revolver.","Resolved risk-5 loan: took title to West Hollywood multifamily, realized loss of $20.4M; sold other REO for $1.2M gain.","Repurchased 2.17M shares for $20M at avg $9.21; dividend maintained at $0.25/sh."],"urls":{"canonical":"https://secwatch.observer/filing/0001631596-25-000039","json":"https://secwatch.observer/filing/0001631596-25-000039.json","markdown":"https://secwatch.observer/filing/0001631596-25-000039.md","text":"https://secwatch.observer/filing/0001631596-25-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1631596/000163159625000039/0001631596-25-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1631596/000163159625000039/kref-20250722.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T04:19:10.055216+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"}