KKR Real Estate Finance Trust Results Presentation Deck
Portfolio Details
($ in Millions)
#
Senior Loans (1)
Investment
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
60
Senior Loan
61 Senior Loan (10)
Total / Weighted Average
Non-Senior Loans
1
Total / Weighted Average
CMBS B-Pieces
Real Estate Corporate Loan (¹1)
1 RECOP I(¹2)
Total / Weighted Average
Real Estate Owned
1 Real Estate Asset (13)
Total / Weighted Average
Portfolio Total / Weighted Average
Location
Queens, NY
Washington, D.C.
Dallas, TX
Austin, TX
Nashville, TN
Atlanta, GA
Durham, NC
Sharon, MA
Georgetown, TX
New York, NY
Denver, CO
*See footnotes on subsequent page
19
n.a.
Various
Portland, OR
Property Type
Industrial
Multifamily
Multifamily
Multifamily
Hospitality
Multifamily
Multifamily
Multifamily
Multifamily
Condo (Resi)
Industrial
Multifamily
Various
Retail
Investment
Date
7/21/2017
12/4/2020
8/18/2021
9/12/2019
12/9/2021
12/10/2021
12/15/2021
12/1/2021
12/16/2021
8/4/2017
12/11/2020
12/11/2020
2/13/2017
12/16/2021
Total Whole
Loan (2)
70.1
69.0
68.2
67.5
66.0
61.5
60.0
56.9
41.8
39.9
28.8
$10,004.0
102.6
$102.6
n.a.
n.a.
Committed
Principal Amount (2) Principal Amount
70.1
69.0
68.2
67.5
66.0
61.5
60.0
56.9
41.8
39.9
28.8
$8,051.8
41.1
$41.1
40.0
$40.0
n.a.
$8,132.9
Current
67.5
66.3
68.2
67.5
64.3
55.4
50.0
56.9
41.8
39.9
10.7
$6,635.9
41.1
$41.1
35.7
$35.7
78.6
$78.6
$6,791.3
Net
Equity (3)
17.3
10.3
9.6
10.5
9.7
13.3
49.4
13.8
41.4
20.4
10.3
$1,623.6
40.5
$40.5
35.7
$35.7
78.4
$78.4
$1,778.2
Future
Funding (4)
2.6
2.7
1.7
6.1
10.0
18.1
$1,368.1
$0.0
4.3
$4.3
n.a.
$1,372.4
Coupon (5) (6)
L + 3.0%
L + 3.5%
L + 3.8%
L + 2.5%
L + 3.6%
L + 2.9%
L + 2.9%
L + 2.8%
L + 3.3%
L + 4.2%
L + 3.8%
L + 3.2%
L + 12.0%
12.3%
4.6%
4.6%
n.a.
4.0%
Max Remaining
Term (Yrs) (5) (7)
0.6
3.9
4.7
2.7
5.0
5.0
5.0
4.9
5.0
0.3
4.0
3.6
4.0
4.0
7.4
7.4
n.a.
3.6
Loan Per
SF / Unit / Key
$ 112 / SF
$ 265,132 / unit
$ 189,444 / unit
$191,218 / unit
$ 279,498 key
$ 183,542 / unit
$ 144,795 / unit
$ 296,484 / unit
$ 199,048 / unit
$ 1,333 / SF
$ 21 / SF
n/a
n.a.
n.a.
LTV (5)(8)
77%
63%
70%
74%
68%
67%
67%
70%
68%
73%
61%
68%
n.a.
n.a.
58%
58%
n.a.
68%
Risk
Rating
4
3
3
3
3
3
3
3
3
4
3
2.9
3
3.0
n.a.
n.a.
2.9
KKR
REAL ESTATE
FINANCE TRUSTView entire presentation