KKR Real Estate Finance Trust Results Presentation Deck
Portfolio Details
($ in Millions)
60
61
62
63
64
65
66
Investment
Senior Loans(1)
51 Senior Loan
52 Senior Loan
53 Senior Loan
54 Senior Loan
55 Senior Loan
56 Senior Loan
57
Senior Loan
58
Senior Loan
59
Senior Loan
Senior Loan
Senior Loan
Senior Loan
Senior Loan
Senior Loan
Senior Loan
Senior Loan (11)
Total / Weighted Average
Non-Senior Loans
Real Estate Corporate Loan (¹2)
1
Total Weighted Average
CMBS B-Pieces
RECOP I(13)
1
Total / Weighted Average
Real Estate Owned
Location
Seattle, WA
Phoenix, AZ
Arlington, VA
Denver, CO
Washington, D.C.
Dallas, TX
Manassas Park, VA
Plano, TX
Nashville, TN
Atlanta, GA
Durham, NC
Sharon, MA
Queens, NY
Georgetown, TX
New York, NY
Denver, CO
1 Real Estate Asset
Total / Weighted Average
Portfolio Total / Weighted Average
n.a.
Various
Portland, OR
*See footnotes on subsequent page
KREF
Property Type
Office
Single Family Rental
Multifamily
Multifamily
Multifamily
Multifamily
Multifamily
Multifamily
Hospitality
Multifamily
Multifamily
Multifamily
Industrial
Multifamily
Condo (Resi)
Industrial
Multifamily
Various
Retail
Investment
Date
3/20/2018
4/22/2021
10/23/2020
9/14/2021
12/4/2020
8/18/2021
2/25/2022
3/31/2022
12/9/2021
12/10/2021
12/15/2021
12/1/2021
2/22/2022
12/16/2021
8/4/2017
12/11/2020
12/11/2020
2/13/2017
12/16/2021
Total Whole
Loan (2)
80.7
72.1
141.8
70.3
69.0
68.2
68.0
67.8
66.0
61.5
60.0
56.9
55.3
41.8
32.6
28.8
$10,837.0
103.8
$103.8
n.a.
n.a.
Committed
Principal
Amount (2)
80.7
72.1
70.9
70.3
69.0
68.2
68.0
67.8
66.0
61.5
60.0
56.9
55.3
41.8
32.6
28.8
$8,590.1
41.5
$41.5
40.0
$40.0
n.a.
$8,671.6
Current
Principal Amount
80.7
18.8
70.9
69.3
66.3
68.2
68.0
64.2
64.3
55.8
50.3
56.9
52.0
41.8
32.6
13.7
$7,098.1
41.5
$41.5
35.7
$35.7
78.6
$78.6
$7,253.9
Net
Equity (3)
13.2
11.2
11.5
11.0
10.3
9.8
67.5
63.5
9.8
13.7
8.4
8.3
51.7
10.1
32.6
13.3
$1,743.3
41.0
$41.0
35.7
$35.7
78.4
$78.4
$1,898.4
Future
Funding (4)
53.3
1.0
2.7
-
-
FR6
3.3
3.6
+ 2.8%
1.7 + 3.6%
5.7 + 2.9%
9.7 + 2.9%
+ 2.8%
15.1
$1,449.1
$0.0
4.3
$4.3
n.a.
Coupon (5)(6)
$1,453.4
+ 4.1%
+ 4.8%
+ 3.8%
+ 2.7%
+ 3.5%
+ 3.8%
+ 2.7%
+ 4.0%
+ 3.3%
+ 4.2%
+ 3.8%
+ 3.3%
+ 12.0%
12.0%
4.6%
4.6%
n.a.
4.1%
Max Remaining
Loan Per
Term (Yrs) (5) (7) SF / Unit / Key(8) LTV (5)(9)
1.0
4.1
3.5
4.5
3.7
4.4
4.9
5.0
4.8
4.8
4.8
4.7
1.9
4.8
0.0
3.8
3.5
3.7
3.7
7.2
7.2
n.a.
3.6
$ 468 / SF
$157,092 / unit
$393,858 / unit
$ 286,157 / unit
$ 265,132 / unit
$ 189,444 / unit
$223,684 / unit
$ 241,165 / unit
$ 279,498 / key
$184,763 / unit
$ 145,740 / unit
$ 296,484 / unit
$ 84 / SF
$ 199,048 / unit
$ 1,244 / SF
$ 58 / SF
56%
50%
73%
78%
63%
70%
73%
75%
68%
67%
67%
70%
68%
68%
73%
61%
67%
n/a n.a.
n.a.
n.a. 58%
58%
n.a.
n.a.
67%
18
Risk
Rating
Awwwwwwwwwwwwww
3
2.9
3
3.0
n.a.
n.a.
2.9View entire presentation