KKR Real Estate Finance Trust Investor Presentation Deck slide image

KKR Real Estate Finance Trust Investor Presentation Deck

Integrated Americas Real Estate Platform (1) Integrated Real Estate Platform ● Differentiated access to information and enhanced relevance in RE capital markets One leadership team Scaled portfolio: own or lend on ~$80bn of RE assets RE Equity ~$11bn of asset value(¹) RE Senior Loans $5bn loan portfolio $8bn of collateral value(2) RE CMBS Securities $36bn principal loan balance $62bn underlying asset value(2) REPA I / II / III: opportunistic KPPA: core plus KREF: primarily senior loans on transitional properties in primarily the top 10 MSAS ROX: real estate opportunistic credit RECOP I / II: primarily newly originated conduit CMBS B-pieces RESTAC: stabilized properties Represents current portfolio in REPA I, REPA II, KPPA, KFN, separately managed accounts, KKR-managed co-investment vehicles, third party co-investment capital, KKR employees, and trophy single tenant investments in KKR Credit accounts as of September 30, 2020. Figures include all closed transactions and transactions that have been committed to and are under contract as of September 30, 2020. Any transactions that have not closed are subject to customary closing conditions. Asset value represents total purchase price at closing. There can be no assurance that commitment amounts will be fully deployed and there can be no assurance that these transactions will be consummated, and if consummated, will be consummated on the terms and price herein. (2) Represents implied value based on weighted average LTV of respective strategies. 7 KKR REAL ESTATE FINANCE TRUST
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