KKR Real Estate Finance Trust Results Presentation Deck
KREF Loan Portfolio by the Numbers
Current Portfolio: $7.4 billion (¹)
Including net funding and repayment activity
subsequent to quarter-end
$3,745
1Q'19
Total Portfolio Growth
14%
$5,233
1Q'20
Other <5%, 21%
$5,330
14%
1Q'21
Geography (2)
7%
9% 11%
9%
($ in Millions)
$7,254
10%
1Q'22
5% Washington, D.C.
Investment Type(³)
Class-B
8%
Senior
Loans
99%
Non-Senior
1%
Industrial
4%
Hospitality
5%
Condo (Residential)
3%
Class-A
92%
(4)
Life Science
10%
Office (5)
Property Type
HAN
LEED
78%
Interest Rate Type
100% Floating
Student Housing
Office
27%
3%
SOFR
13%
LIBOR
87%
Single Family Rental
<1%
Multifamily
48%
Multifamily
Class-B
25%
Class-A
75%
Note: The charts above are based on total assets. Total assets reflect the principal amount of our senior and mezzanine loans.
(1) As of April 22, 2022
(2)
Map excludes a $42 million real estate corporate loan and one real estate owned asset with a net carrying value of $78.6 million
(3) Senior loans include senior mortgages and similar credit quality loans, including related contiguous junior participations in senior loans where KREF has financed a loan with structural leverage through the
non-recourse sale of a corresponding first mortgage and excludes vertical loan syndications
(4)
KREF classifies a loan as life science if more than 50% of the gross leasable area is leased to, or will be converted to, life science-related space
(5) Office property certification % is based on current principal loan balance; see description for LEED certification in the appendix
KREF
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