KKR Real Estate Finance Trust Inc.KREF

NYSEReal EstateReal Estate Investment Trusts
Price (close)
$6.26
Market cap
$366.7M
P/E
—
Revenue (TTM)
—
Net income
-$185.0M
Dividend yield
13.58%
1-year total return
-24.8%
Net margin
—
Revenue growth
—
Debt / equity
—

What KKR Real Estate Finance Trust Inc. does.

KREF is a real estate finance company that focuses primarily on originating and acquirin g transitional senior loans secured by institutional-quality commercial real estate ("CRE") properties that are owned and operated by experienced and well-capitalized sponsors and located in top markets with strong underlying fundamentals. Our target assets also include mezzanine loans, preferred equity and other debt-oriented instruments with these characteristics. Our investment objective is capital preservation and the generation of attractive risk-adjusted returns for our stockholders over the long term, primarily through dividends.

We began our investment activities in October 2014 with an initial commitment of $400.0 million from KKR. We raised an additional $438.1 million in equity commitments from third-party investors and certain current and former employees of, and consultants to, KKR that brought our total committed capital base to $838.1 million, which was fully drawn prior to our initial public offering ("IPO") that generated net proceeds of $225.9 million on May 5, 2017. We had a common book value of $844.8 million as of December 31, 2025 and established a diversified investment portfolio which totaled $5,924.2 million, consisting primarily of performing senior commercial real estate loans.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Net income$54.4M$137.2M$38.1M-$30.9M$35.6M-$47.1M

More on KREF.

Figures from KKR Real Estate Finance Trust Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.