KKR Real Estate Finance Trust Results Presentation Deck
Portfolio Credit Quality Remains Strong
Collected 97.3% of interest payments due on loan portfolio and 100% on loans rated 4 or better
(% of total loan portfolio)
3Q'21
16%
0% - 60%
4Q'21
14%
0% - 60%
21%
60% 65%
19%
60% - 65%
Loan-to-Value(1,2)
24%
65% - 70%
28%
65% - 70%
29%
70% - 75%
31%
70% - 75%
Weighted Average
LTV(3): 67%
10%
75% - 80%
Weighted Average
LTV(3): 68%
8%
75% - 80%
(% of loan portfolio)
3Q'21
(2) Includes non-consolidated senior interests and excludes vertical loan syndications and a real estate corporate loan.
(3) Weighted average is weighted by current principal amount.
(4) Excludes $5.5 million mezzanine loan risk-rated 5 that was fully written-off as of December 31, 2021.
11
0%
1
4Q'21
4%
1
9%
2
Risk Rating Distribution
6%
2
3
82%
3
43
Loan Count
84%
3
54
7%
4
4
6%
4
4
Weighted Average
Risk Rating (3): 3.0
Loan Count
(1) LTV is generally based on the initial loan amount divided by the as-is appraised value as of the date the loan was originated or by the current principal amount as of the date of the most recent as-is appraised value, except as noted
on page 20.
2%
5
2
Weighted Average
Risk Rating (3) (4): 2.9
0%
5
KKR
REAL ESTATE
FINANCE TRUSTView entire presentation