KKR Real Estate Finance Trust Investor Presentation Deck

Multifamily and Office Loan Overview Multifamily 53% of Loan Portfolio $146 mm Average Loan Size 53% W.A. Occupancy at Closing EEL Note: Data as of June 30, 2020. 20 67% W.A. LTV 74% W.A. Occupancy Current <1% Construction 2014 W.A. Year Built Property Locations $147 mm Average Loan Size 72% W.A. Occupancy at Closing Office 30% of Loan Portfolio 64% W.A. LTV 78% W.A. Occupancy Current <1% Co-Working Exposure 6.3 years W.A. Remaining Lease Term Property Locations KKR REAL ESTATE FINANCE TRUST

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