KREF Liquidity and Portfolio Overview
Portfolio Details
($ in Millions)
Committed
#
Investment(1)
Location
Property Type
Investment
Date
Total Whole
Loan (2)
Principal
Amount (2)
Current
Principal
Amount
Net
Equity(3)
Coupon (4)(5)
Max Remaining
Term (Yrs)(4)(6)
Loan Per
LTV(4)(8)
SF / Unit / Key(7)
Risk
Rating
Senior Loans(9)
51
Senior Loan
Raleigh, NC
Multifamily
4/27/2022
$82.9
$82.9
$78.9
$15.4
+3.0%
3.6
$246,448 / unit
68%
3
52
Senior Loan
Hollywood, FL
Multifamily
12/20/2021
81.0
81.0
81.0
15.0
+3.1%
3.3
$327,935 / unit
74%
3
53
Senior Loan
Phoenix, AZ
Single Family Rental
4/22/2021
72.1
72.1
64.0
20.3
+4.9%
2.6
54
Senior Loan
Denver, CO
Multifamily
9/14/2021
70.3
70.3
70.2
12.3
+2.8%
3.0
55
Senior Loan
Washington, D.C.
Multifamily
12/4/2020
69.0
69.0
66.8
10.7
+3.6%
2.2
56
Senior Loan
Dallas, TX
Multifamily
8/18/2021
68.2
68.2
68.2
10.1
+3.9%
2.9
57
Senior Loan
Manassas Park, VA
Multifamily
2/25/2022
68.0
68.0
68.0
13.3
+2.7%
3.4
58
Senior Loan
Plano, TX
Multifamily
3/31/2022
67.8
67.8
67.4
19.0
+2.8%
3.5
$157,092 / unit
$290,216 / unit
$267,000/ unit
$189,444 / unit
$223,684 / unit
$253,226 / unit
50%
3
78%
3
63%
70%
3
3
73%
3
75%
3
59
Senior Loan
Nashville, TN
Hospitality
12/9/2021
66.0
66.0
64.7
10.1
+3.7%
3.3
$281,237 / key
68%
3
60
Senior Loan
Oakland, CA
Office
10/23/2020
205.5
64.4
44.5
7.0
+4.4%
2.1.
$137 / SF
55%
2
61
Senior Loan
Atlanta, GA
Multifamily
12/10/2021
61.5
61.5
59.1
14.9
+3.0%
3.3
62
Senior Loan
Durham, NC
Multifamily
12/15/2021
60.0
60.0
56.0
12.2
+3.0%
3.3
63
Senior Loan
San Antonio, TX
Multifamily
4/20/2022
57.6
57.6
56.3
10.4
+2.7%
3.6
$195,696 / unit
$162,183 / unit
$164,611 / unit
67%
3
67%
79%
3
3
64
Senior Loan
Sharon, MA
Multifamily
12/1/2021
56.9
56.9
56.9
8.4.
+2.9%
3.2
$296,484 / unit
70%
3
65
Senior Loan
Queens, NY
Industrial
2/22/2022
55.3
55.3
53.9
14.9
+4.0%
0.9
$87/SF
68%
3
66
Senior Loan
Reno, NV
Industrial
4/28/2022
140.4
50.5
50.5
11.3
+2.7%
3.6
$117 / SF
74%
3
67
Senior Loan
Carrollton, TX
Multifamily
4/1/2022
48.5
48.5
47.2
13.4
+2.9%
3.5
68
Senior Loan
Dallas, TX
Multifamily
4/1/2022
43.9
43.9
42.2
11.1
+2.9%
3.5
69
Senior Loan
Georgetown, TX
Multifamily
12/16/2021
41.8
41.8
41.8
10.3
+3.4%
3.3
$147,371 / unit
$118,419 / unit
$199,048 / unit
74%
3
70
Senior Loan
San Diego, CA.
Multifamily
4/29/2022
203.0
40.0
39.7
6.6
+2.6%
3.6
$455,485 / unit
73%
68%
63%
3
3
3
71
Senior Loan
Denver, CO.
Industrial
12/11/2020
15.4
15.4
10.8
6.9
+3.8%
2.3
$47 / SF
61%
2
Total/Weighted Average
CMBS B-Pieces
Total/Weighted Average
Real Estate Owned
12,293.8
8,777.0
7,752.6
1,887.1
+3.3%
2.8
65%
3.2
RECOP (13)
n.a.
40.0
35.7
35.7
+4.8%
5.7
n.a.
58%
n.a.
40.0
35.7
35.7
+4.8%
5.7
58%
1
Real Estate Asset
Portland, OR
Retail
12/16/2021
n.a.
n.a.
81.6
81.6
n.a.
n.a.
n.a.
n.a.
n.a.
Total/Weighted Average
Portfolio Total / Weighted Average
81.6
81.6
8,817.0
7,869.9
2,004.4
8.7%
2.8
65%
3.2
Note:
See footnotes on subsequent page
KREF
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