KKR Real Estate Finance Trust Investor Presentation Deck
Portfolio Credit Quality Remains Strong
• Collected 97.4% of interest payments due on loan portfolio and 100% on loans rated 4 or better
(% of total loan portfolio)
2Q'21
12%
0% - 60%
3Q'21
16%
0% - 60%
1-
27%
60% - 65%
21%
60% - 65%
Loan-to-Value(1,2)
20%
65% - 70%
24%
65% - 70%
29%
70% - 75%
29%
70% -
75%
Weighted Average
LTV(3): 67%
12%
75% - 80%
Weighted Average
LTV(3): 67%
10%
75% - 80%
I
(% of loan portfolio)
2Q'21
0%
1
0
3Q'21
0%
1
4%
2
1
Risk Rating Distribution
9%
2
3
87%
3
42
Loan Count
82%
3
43
7%
4
4
7%
4
4
Weighted Average
Risk Rating (³): 3.1
2%
Loan Count
(1) 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, except as noted
on page 35.
(2) Includes non-consolidated senior interests and excludes vertical loan syndications, real estate corporate loan, and a non-performing 5-rated loan that was placed on non-accrual status in October 2020 and is currently in restructuring
discussions.
(3) Weighted average is weighted by current principal amount.
22
5
2
Weighted Average
Risk Rating (³): 3.0
2%
5
2
KKR
REAL ESTATE
FINANCE TRUSTView entire presentation