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.
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).
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).
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.
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.
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 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 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 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%.
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.
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 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