KKR Real Estate Finance Trust Investor Presentation Deck
KREF Loan Portfolio by the Numbers
($ in Millions)
$4,952
2Q'19
18%
Total Portfolio Growth
KREF
$5,257
2Q'20
Other <5%: 23%
$5,618
15%
2Q'21
Geography (¹)
$7,888
2Q'22
A
5%
5%
7%!
10%
11%
$7,872
2Q'23
6% Washington, D.C.
Investment Type(2)
Class-B
6%
Senior
Loans
100%
Class-A
94%
Office (5)
5%
Life Science (3)
9%
Industrial
14%
Property Type
Hospitality
LEED
86%
Interest Rate Type
Fixed
1%
Office
26%
(4)
Other
5%
Multifamily
42%
Floating
99%
Multifamily
Class-B
30%
Class-A
70%
Note: The charts above are based on total assets. Total assets reflect the principal amount of our loan portfolio
(1) Map excludes one real estate owned asset with a net carrying value of $81 million
(2) 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
(3)
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
(4) "Other" property types include: 2% Condo (Residential), 1% Student Housing, 1% Single Family Rental and 1% Self-Storage
(5) Office property certification % is based on current principal loan balance; see description for LEED certification in the Appendix
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