KKR Real Estate Finance Trust Results Presentation Deck
Portfolio Credit Quality Overview
Collected 100% of interest payments due on loan portfolio
(% of loan portfolio)
4Q'22
21%
0 - 60%
1Q'23
22%
0 - 60%
20%
60 - 65%
20%
60 - 65%
Loan-to-Value(¹)(2)
31%
65 - 70%
31%
65 - 70%
Weighted Average
LTV(³): 66%
24%
70-75%
23%
4%
Weighted Average
LTV(³): 66%
70 - 75%
75-80%
4%
75 - 80%
I
I
I
(% of loan portfolio)
4Q'22
0%
1
0
0%
1
0
1Q'23
0%
2
0
0%
2
0
Risk Rating Distribution
88%
3
70
Loan Count
87%
3
68
Weighted Average
Risk Rating (³): 3.2
6%
4
3
9%
6%
4
5
5
Weighted Average
Risk Rating (³): 3.2
3
4%
5
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 in the footnotes to the "Portfolio Details" Summary in the Appendix
(2) Includes non-consolidated senior interests and excludes two 5 risk-rated loans
(3) Weighted average is weighted by current principal amount
KREF
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