KKR Real Estate Finance Trust Investor Presentation Deck
Integrated Americas Real Estate Platform
(2)
(3)
(4)
7
Integrated
Real Estate
Platform
●
Differentiated access to
information and enhanced
relevance in RE capital markets
One leadership team
Scaled portfolio: own or lend
on ~$130bn of RE assets
RE Equity
~$16bn of asset
value(¹)
RE Senior Loans
~$19bn loan portfolio
~$32bn of collateral
value(2)
RE CMBS
Securities
~$49bn principal
loan balance
~$81bn underlying
asset value(2)
REPA I / II / III: opportunistic
KPPA: core+
KREST: core+
KREF: primarily senior loans on
transitional properties in the top 15 MSAS
ROX(3): real estate opportunistic credit
Global Atlantic(4): primarily senior loans
RECOP I / II: primarily non-IG
conduit CMBS
RESTAC: SASB CMBS
Global Atlantic(4): Liquid IG and
Non-IG CMBS
(1) Represents current portfolio in Real Estate Partners Americas ("REPA I"), Real Estate Partners Americas II ("REPA II,") KPPA, KKR Financial Holdings ("KFN"), separately managed accounts, KKR-managed co-investment vehicles, third
party co-investment capital, KKR employees, equity investments in KKR Real Estate Select Trust ("KREST"), and trophy single tenant investments in KKR Credit accounts. Represents total gross asset value. Figures include all closed
transactions and transactions that have been committed to and are under contract as of September 30, 2021. Any transactions that have not closed are subject to customary closing conditions. There can be no assurance that
commitment amounts will be fully deployed and there can be no assurance that these transactions will be consummated, and if consummated, will be consummated on the terms and price herein.
Represents implied value based on weighted average LTV of respective strategies.
Represents real estate credit allocation within the KKR Dislocation Opportunities Fund LP.
On February 1, 2021, KKR completed its acquisition of Global Atlantic. KKR holds all of the voting interests in Global Atlantic and owns 61.5% of the economic equity interests in Global Atlantic, following the completion of certain post-closing purchase KKR
price adjustments in the second quarter of 2021. Global Atlantic conducts its insurance business through its subsidiaries that are regulated insurance companies.
REAL ESTATE
FINANCE TRUSTView entire presentation