KKR Real Estate Finance Trust Investor Presentation Deck
KREF Loan Portfolio by the Numbers
Current Portfolio:
$6.0 billion (1)
Including net funding and repayment
activity subsequent to quarter-end
$1,812
3Q'17
13%
Total Portfolio Growth
$3,383
3Q'18
7%
$5,221
3Q'19
Geography (2)
13%
5%
$5,035
3Q'20
13%
9%
7%
$5%
($ in Millions)
$5,826
3Q'21
12%
Other <5%, 16%
Note: The charts above are based on total assets. Total assets reflect the principal amount of our senior and mezzanine loans.
(1) As of October 22, 2021.
Investment Type(3)
Class-B
11%
Senior
Loans
99.1%
(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.
18
Class-A
89%
Mezz/Other
0.9%
Condo
Student
(Residential) Housing
4%
3%
Industrial
5%
Hospitality
6%
Office (5)
Life Science (4)
7%
Property Type
MARINA
LEED
OREL
82%
Office
27%
Interest Rate Type
Retail
2%
Multifamily
44%
Floating
99.9%
Single Family
Rental
<1%
Class-B
16%
Multifamily
(2) Map excludes $5.5 million Midwest Mezzanine portfolio and $31.6 million real estate corporate loan.
(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.
Class-A
84%
Fixed
0.1%
KKR
REAL ESTATE
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