KREF Liquidity and Portfolio Overview
Multifamily and Office Loan Overview
$101 M
Multifamily: 41% of Loan Portfolio
$157 M
70%
0%
Average Loan Size (1)
W.A. LTV(2)
Construction Loans
80%
91%
2015
W.A. Occupancy
at Closing
W.A. Occupancy
Current(3)
Median Year Built
Property Locations
Office: 25% of Loan Portfolio
Average Loan Size(1)
65%
W.A. Occupancy
at Closing
61%
W.A. LTV(2)
74%
W.A. Occupancy
Current(3)
2.1%
Co-Working Exposure
9.7 years
W.A. Remaining
Lease Term
Property Locations
(1)
(2)
Average loan commitment is inclusive of the unfunded KREF commitment
LTV is generally based on the initial loan amount divided by the as-is appraised value as of the date the loan was originated or by the current principal amount as of the date of the most recent as-is appraised
value. Excludes loans risk-rated 5
(3)
Based on most recent data available from our borrowers as of September 30, 2023
KREF
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