Highest-materiality recent filing
KREF reports Q2 2026 net loss of $1.95/share; loan loss provision $119.8M
Net loss attributable to common stockholders of $121.8M ($1.95/share) vs. $61.9M loss in Q1 2026.
KREF Q1 net loss widens to $61.9M; distributable loss; dividend slashed to $0.10
Net loss of $61.9M ($0.96 diluted EPS) vs prior quarter loss of $32M; CECL provision $73.5M.
KKR Real Estate Finance Trust reports annual meeting voting results; all director nominees elected
Eight directors elected: Ahern, Esteves, Langer, Lee, Madoff, McAneny, Rosenberg, Salem.
KREF reports Q4 net loss of $0.49/share; CECL allowance rises $43.7M on risk-rated 5 loans
Net loss of $32.0M in Q4 ($0.49 diluted EPS); full year loss $69.9M ($1.05/share).
KKR Real Estate Finance Trust General Counsel Kelly Galligan resigns; will assist transition
Kelly Galligan, General Counsel and Secretary, informed the company of her resignation on January 5, 2026.
KREF reports Q3 net income $0.12/shr vs loss $0.53 Q2; distributable loss of $0.03/shr
Net income $8.1M ($0.12/shr) vs net loss ($35.4M) ($0.53/shr) in Q2; distributable loss ($2.3M) ($0.03/shr).
Term loan amendment on Sept 8, 2025 adds $101,375,000 incremental loans, total outstanding now $650,000,000.
KREF reports Q2 net loss of $0.53/sh; distributable loss $0.04; CECL reserve up $50M
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.
KKR Real Estate Finance Trust stockholders approve directors, auditor, pay, and 2025 incentive plan
All eight director nominees elected with strong support; Irene M. Esteves had 12.8M votes withheld.
KREF reports Q1 net loss $0.15/share; Distributable Earnings $0.25/share; CECL up $24.9M
Net loss of $10.6M ($0.15 diluted EPS); Distributable Earnings of $17.0M ($0.25/share).
KREF enters $550M term loan credit agreement, extends revolver to 2030
New $550M term loan facility matures March 5, 2032; replaces existing $350M term loan.
KREF Q4 net income $0.21/sh but distributable loss ($0.21); BVPS $14.76
Net income attributable to common stockholders Q4 $14.6M ($0.21/diluted), full year $13.1M ($0.19).
KKR Real Estate Finance Trust posts Q3 net loss of $13M as CECL allowance rises $36.4M
Net loss attributable to common stockholders of ($13.0)M ($0.19/diluted share) vs prior Q2 net income $20.2M ($0.29).
KREF reports Q2 net income $0.29/share but distributable loss of $1.57 on $136M realized losses
Net income attributable to common stockholders of $20.2M ($0.29 diluted EPS), vs net loss of ($8.7M) in Q1 2024.
KKR Real Estate Finance Trust holds 2024 annual meeting, elects eight directors
All eight director nominees elected with majority support; highest vote for Deborah H. McAneny (44.8M for) and lowest for Terrance R. Ahern (39.5M for).
KREF reports Q1 net loss of $0.13/share; distributable earnings $0.39, dividend cut to $0.25
Net loss attributable to common stockholders $8.7M ($0.13/diluted), improved from $18.7M loss in Q4 2023.
KREF posts Q4 net loss $0.27/share; cuts quarterly dividend to $0.25 from $0.43
Net loss of $18.7M ($0.27/diluted share) in Q4; full-year net loss $53.9M ($0.78/share).
Net income of $21.4M ($0.31 diluted EPS) vs. net loss of ($25.8M) in Q2 2023.
KREF Q2 net loss $0.37/share; CECL allowance up $56M; book value down to $16.38
Net loss attributable to common stockholders of $25.8M ($0.37/diluted share) vs. $30.8M ($0.45) in Q1.
KKR Real Estate Finance Trust Announces 2023 Annual Meeting Voting Results
All eight director nominees elected, including Terrance R. Ahern, Irene M. Esteves, Jonathan A. Langer, Christen E.J. Lee, Paula Madoff, Deborah H. McAneny, Ralph F. Rosenberg, and Matthew A. Salem.
KKR Real Estate Finance Trust Q1 net loss $0.45/share; CECL reserve up $60.5M
Net loss of $30.8M ($0.45 diluted) vs. net income of $14.6M ($0.21) in Q4 2022, driven by $60.5M CECL provision.
KREF Q4 net income $0.21/shr, FY $0.23; CECL provision pressure; BVPS $18.00
Q4 net income $14.6M ($0.21 diluted); FY net income $15.4M ($0.23).
KKR Real Estate Finance Trust reports Q3 net loss of $48.4M, driven by $80.6M CECL increase
Net loss attributable to common stockholders $(48.4)M ($(0.70)/share) vs. net income $19.4M ($0.28) in Q2.
KREF amends repurchase agreement with MUFG, increasing facility from $750M to $1B
Amended Master Repurchase Agreement with MUFG Bank on Aug 23, 2022.
KREF Q2 net income $19.4M ($0.28/sh), distributable earnings $33.1M ($0.48/sh); originations $1.03B
Net income $19.4M ($0.28 diluted) vs $29.8M ($0.46) in Q1; distributable earnings $33.1M ($0.48) vs $29.8M ($0.47).
KREF to sell 7M shares of common stock in underwritten offering; net proceeds ~$53.65M to company
Underwriting Agreement with Morgan Stanley & Wells Fargo for 2.75M primary shares by KREF and 4.25M secondary shares by KKR REFT Holdings L.P.
KREF Q1 distributable earnings $29.8M; book value per share rises to $19.46
Net income attributable to common stockholders $29.8M ($0.47 basic EPS) vs $35.2M ($0.59) in Q4 2021.
KKR Real Estate Finance Trust shareholders elect all nine director nominees, ratify auditor
All nine nominees elected; highest vote count 42.4M (Matthew Salem), lowest 33.9M (Irene Esteves).
KREF amends credit facility to $535M and repurchase facility to $750M
Revolving credit facility borrowing capacity increased to $535M, matures March 16, 2027.
KKR Real Estate Finance Trust adopts D&O Deferral Plan for RSUs
Plan allows eligible directors and officers to defer receipt of common stock upon vesting of RSUs in 25% increments, subject to Section 409A.
KKR Real Estate Finance Trust raises ~$123.7M via 6M common stock offering
Underwriting agreement for 6,000,000 common shares; underwriters have 30-day option for 900,000 additional shares.
KREF closes $1.0B CRE CLO FL3 at SOFR+1.71% weighted average cost
Issued $1.0B in notes across eight classes; advance rate of 84.75%.
Added JMP Securities LLC as a sales agent to the existing $100M ATM program for common stock.
KREF Q4 net income $35.2M ($0.59/sh); record 2021 originations $4.8B; book value $19.37
Q4 net income $35.2M ($0.59/sh); DE ($2.9M) incl. $32.1M realized loss on loan write-off.
KKR Real Estate Finance Trust CEO Matt Salem Elected to Board of Directors
Matthew Salem, CEO, elected to the Board of Directors effective February 1, 2022.
KREF issues 6.21M Series A Preferred shares; net proceeds $151.2M
Designated additional 6.26M shares of 6.50% Series A Cumulative Redeemable Preferred Stock, total authorized now 13.16M shares.
KKR Real Estate Finance to issue up to 6.26M shares of Series A Preferred Stock at $25.13
Offering comprises 5.06M shares initially plus 1.2M additional shares filed separately, all at $25.13/share including accrued dividends.
KKR Real Estate Finance Trust names Kendra Decious as CFO; Mostafa Nagaty resigns
Mostafa Nagaty resigns as CFO and Treasurer; will remain through March 1, 2022 to assist transition.
Underwritten offering of 5.0M common shares (plus 750K option) raised net proceeds of approximately $108.8M.
KREF Q3 2021 net income $32M ($0.57 diluted); distributable earnings $0.62; BVPS $19.09
Net income of $32.0M ($0.57 diluted) vs $29.3M ($0.52) Q2 2021; distributable earnings $34.5M ($0.62).
KREF closes $1.3B CRE CLO, redeems $1.0B 2018 CLO
Closed $1.3B managed CRE CLO (KREF 2021-FL2) on Aug 16, 2021, refinancing the prior $1.0B 2018 CLO.
KREF Q2 net income $29.3M ($0.52/sh); origination $967M; $1.3B CLO priced
Net income $29.3M ($0.52/sh); Distributable Earnings $30.4M ($0.54/sh) for Q2 2021.
On February 1, 2023, Todd A. Fisher informed the Company of his decision to resign from the Board of Directors of the Company (the “Board”), effective immediately, to accept a position with the federal government.
On February 1, 2022, the Board of Directors of KKR Real Estate Finance Trust Inc. (the “Company”) elected Matthew Salem, the Company’s Chief Executive Officer, as a director effective as of February 1, 2022.
On December 16, 2021, Mostafa Nagaty , Chief Financial Officer and Treasurer of KKR Real Estate Finance Trust Inc. (the “Company”), informed the Company of his intention to resign from the Company.
On December 17, 2021, Kendra Decious was appointed as the Company’s Chief Financial Officer and Treasurer, effective upon Mr. Nagaty’s departure.
Max materiality 0.80 · Median 0.68 · Most common event earnings