KKR Real Estate Finance Trust Results Presentation Deck
Portfolio Details
($ in Millions)
Senior Loans
Investment (¹)
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
Total / Weighted Average
CMBS B-Pieces
Senior Loan
Senior Loan
Senior Loan
Senior Loan
Senior Loan
Senior Loan
Senior Loan
Senior Loan
Senior Loan
Senior Loan
Senior Loan
Senior Loan
Senior Loan
Senior Loan
Senior Loan.
Senior Loan
Senior Loan.
Senior Loan
Senior Loan.
Senior Loan.
Senior Loan
Senior Loan
Senior Loan
Senior Loan (¹2)
Senior Loan.
1
RECOP (13)
Total / Weighted Average
Real Estate Owned
Real Estate Asset
Total / Weighted Average
Portfolio Total / Weighted Average
KREF
Location
Charlotte, NC
San Antonio, TX
Scottsdale, AZ
Raleigh, NC
Hollywood, FL
Phoenix, AZ
Arlington, VA
Denver, CO
Washington, D.C.
Dallas, TX
Manassas Park, VA
Plano, TX
Nashville, TN
Atlanta, GA
Durham, NC
San Antonio, TX
Sharon, MA.
Queens, NY
Reno, NV
Carrollton, TX
Dallas, TX
Georgetown, TX
San Diego, CA
New York, NY
Denver, CO
*See footnotes on subsequent page
Various
Portland, OR
Property Type
Multifamily
Multifamily
Multifamily
Multifamily
Multifamily
Single Family Rental
Multifamily
Multifamily
Multifamily
Multifamily
Multifamily
Multifamily
Hospitality
Multifamily
Multifamily
Multifamily
Multifamily
Industrial
Industrial
Multifamily
Multifamily
Multifamily
Multifamily
Condo (Residential)
Industrial
Various
Retail
Investment
Date
12/14/2021
6/1/2022
5/9/2022
4/27/2022
12/20/2021
4/22/2021
10/23/2020
9/14/2021
12/4/2020
8/18/2021
2/25/2022
3/31/2022
12/9/2021
12/10/2021
12/15/2021
4/20/2022
12/1/2021
2/22/2022
4/28/2022
4/1/2022
4/1/2022
12/16/2021
4/29/2022
8/4/2017
12/11/2020
2/13/2017
12/16/2021
Total Whole
Loan (2)
$86.8
246.5
169.0
82.9
81.0
72.1
141.8
70.3
69.0
68.2
68.0
67.8
66.0
61.5
60.0
57.6
56.9
55.3
140.4
48.5
43.9
41.8
203.0
20.1
15.4
$13,175.4
n.a.
n.a.
Committed
Principal
Amount¹²
$86.8
86.3
84.5
82.9
81.0
72.1
70.9
70.3
69.0
68.2
68.0
67.8
66.0
61.5
60.0
57.6
56.9
55.3
50.5
48.5
43.9
41.8
40.0
20.1
15.4
$9,280.4
40.0
40.0
n.a.
9,320.4
Current
Principal
Amount
$78.6
80.3
84.5
78.1
81.0
49.5
70.9
70.0
66.7
68.2
68.0
66.1
64.7
58.3
54.4
56.1
56.9
52.7
50.5
46.3
41.2
41.8
39.2
20.1
9.5
$7,917.2
35.7
35.7
81.1
81.1
8,034.0
Net
Equity (3)
$13.7
19.7
12.9
16.5
14.9
16.6
11.8
11.9
10.9
10.0
13.2
17.7
10.4
15.0
10.5
11.0
8.4
13.7
11.2
12.5
10.0
10.2
7.0
20.1
3.3
$1,845.0
35.7
35.7
81.1
81.1
1,961.8
Coupon (45)
+3.1%
+2.8%
+2.9%
+3.0%
+3.1%
+4.9%
+3.8%
+2.7%
+3.5%
+3.9%
+2.7%
+2.8%
+3.7%
+3.0%
+3.0%
+2.7%
+2.8%
+4.0%
+2.7%
+2.9%
+2.9%
+3.4%
+2.6%
+4.2%
+3.8%
+3.3%
4.7%
4.7%
n.a.
8.2%
Max Remainin
Term
3.8
4.2
4.2
4.1
3.8
3.1
2.5
3.5
2.7
3.4
3.9
4.0
3.8
3.8
3.8
4.1
3.7
0.9
4.1
4.0
4.0
3.8
4.1
0.1
2.8
3.2
6.2
6.2
n.a.
3.2
Loan Per
SF / Unit / Key(7)
$ 213,615 / unit
$ 103,007 / unit
$ 457,995/ unit
$ 244,139 / unit
$ 327,935 / unit
$ 157,092 / unit
$ 393,858 / unit
$ 289,128 / unit
$ 266,727 / unit
$ 189,444 / unit
$ 223,684 / unit
$ 248,572 / unit
$ 281,237/key
$ 193,189 / unit
$ 157,709 / unit
$164,107/ unit
$ 296,484 / unit
$ 85/SF
$ 117/SF
$ 144,631 / unit
$ 115,655 / unit
$ 199,048 / unit
$450,468/unit
$ 1,061/SF
$47/SF
n.a.
n.a.
LTV/41(8)
74%
68%
64%
68%
74%
50%
73%
78%
63%
70%
73%
75%
68%
67%
67%
79%
70%
68%
74%
74%
73%
68%
63%
73%
61%
66%
58%
58%
n.a.
66%
Risk
Rating
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3.2
n.a.
n.a.
3.2
18View entire presentation