{ "docId": "019de514-5354-7719-89f0-dd3f757a5be9", "docSlug": "c05af1d55ccc893cbee2bb29d58a6fc7", "documentTitle": "KKR Real Estate Finance Trust | Results Presentation Deck | 25 slides", "authorId": "kkr-real-estate-finance-trust", "authorName": "KKR Real Estate Finance Trust", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2022-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 9, "pageCount": 25, "prevPage": 8, "nextPage": 10, "slideType": "kpi_overview", "function": "analyze_data", "density": "overcrowded", "nDataPoints": 28, "notes": null, "elementsJson": null, "metadataConfidence": 0.9, "imagePath": null, "slideHref": "/slides/019de514-5354-7719-89f0-dd3f757a5be9/9", "deckHref": "/decks/019de514-5354-7719-89f0-dd3f757a5be9", "deckJsonHref": "/decks/019de514-5354-7719-89f0-dd3f757a5be9.json", "deckAnchorHref": "/decks/019de514-5354-7719-89f0-dd3f757a5be9#slide-9", "components": [ { "bbox": { "h": 0.31, "w": 0.46, "x": 0.05, "y": 0.145 }, "kind": "chart", "text": "Total Portfolio Growth ($ in Millions) 3Q'19 $5,221, 3Q'20 $5,035, 3Q'21 $5,826, 3Q'22 $7,726", "attrs": null, "subkind": "bar-vertical", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b305185f-94ef-4662-8753-c22597964da6", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.31, "w": 0.46, "x": 0.05, "y": 0.49 }, "kind": "chart", "text": "Geography(1) 18%, 16%, 19% Other <5%, 10%, 7%, 6%, 8%, 10%, 6% Washington, D.C.", "attrs": null, "subkind": "map", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ab2beeae-441e-459c-a503-8eef771dece5", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.17, "w": 0.17, "x": 0.54, "y": 0.67 }, "kind": "chart", "text": "Office(5) Class-B 8%, Class-A 92%", "attrs": null, "subkind": "pie", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3f705d65-46af-4c75-80fb-cda5ed59ecd4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.17, "w": 0.17, "x": 0.76, "y": 0.67 }, "kind": "chart", "text": "Multifamily Class-B 34%, Class-A 66%", "attrs": null, "subkind": "pie", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4e8b29fb-3b96-4697-a89d-70f9915fb8d8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.22, "w": 0.17, "x": 0.76, "y": 0.145 }, "kind": "chart", "text": "Interest Rate Type 100% Floating SOFR 36%, LIBOR 64%", "attrs": null, "subkind": "pie", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "65c2275e-a098-4148-ab43-f03d7dce5fd0", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.22, "w": 0.17, "x": 0.54, "y": 0.145 }, "kind": "chart", "text": "Investment Type(2) Non-Senior 1%, Senior Loans 99%", "attrs": null, "subkind": "pie", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8d4ef8d2-5333-417d-8930-f57ad76534c7", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.22, "w": 0.4, "x": 0.54, "y": 0.42 }, "kind": "chart", "text": "Property Type Hospitality 5%, Other(4) 6%, Multifamily 44%, Office 27%, Industrial 12%, Life Science(3) 7%", "attrs": null, "subkind": "pie", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d7c86c5b-9f9e-4d63-90fd-a1b0eb9365ec", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.013, "w": 0.87, "x": 0.058, "y": 0.916 }, "kind": "source-note", "text": "(5) Office property certification % is based on current principal loan balance; see description for LEED certification in the appendix", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "13f1244a-84ed-4a2e-8397-4fcb27d4a7f6", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.013, "w": 0.87, "x": 0.058, "y": 0.884 }, "kind": "source-note", "text": "(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", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "34d1f6a6-7ffe-493d-a9a4-8a8365c66c2c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.013, "w": 0.87, "x": 0.058, "y": 0.823 }, "kind": "source-note", "text": "Note: The charts above are based on total assets. Total assets reflect the principal amount of our senior and mezzanine loans", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "572f3f15-fcd6-428b-854a-0e7d6e996747", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.013, "w": 0.87, "x": 0.058, "y": 0.9 }, "kind": "source-note", "text": "(4) \"Other\" property types include: 3% Condo (Residential), 3% Student Housing, <1% Single Family Rental", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7af6a4e4-d8aa-4310-91a4-4bd4948d563e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.013, "w": 0.87, "x": 0.058, "y": 0.839 }, "kind": "source-note", "text": "(1) Map excludes a $40 million real estate corporate loan and one real estate owned asset with a net carrying value of $80 million", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "81fd7c48-cbf9-4b32-b4f5-a124563b3664", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.026, "w": 0.87, "x": 0.058, "y": 0.855 }, "kind": "source-note", "text": "(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", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d62b015b-6487-49ed-ad14-676e04f41fea", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.57, "x": 0.058, "y": 0.075 }, "kind": "title", "text": "KREF Loan Portfolio by the Numbers", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "49d32440-ee00-4d36-901a-7c9629bd0fb5", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 9, "from": 5, "beatId": "26e848af-9af6-4cb1-924b-fe8f52a39af3", "arcName": "Monroe's Motivated Sequence", "arcSlug": "monroes-sequence", "beatName": "Need", "beatSlug": "monroes-sequence-need", "evidence": "The document provides financial summaries and loan activity details", "position": 1, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "loops": [ { "to": 9, "from": 5, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "72570b11-34f1-4a6a-a618-e4ffc85f3049", "evidence": "The document provides a logical chain of financial data and summaries", "position": 0, "objective": "To understand the company's financial performance", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)", "confidence": 0.6, "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }