{
  "docId": "019de515-b606-7273-87eb-772338262fdd",
  "docSlug": "1bf8264060274ed922dd14a344530975",
  "documentTitle": "KKR Real Estate Finance Trust | Investor Presentation Deck | 41 slides",
  "authorId": "kkr-real-estate-finance-trust",
  "authorName": "KKR",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-05-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 18,
  "pageCount": 41,
  "prevPage": 17,
  "nextPage": 19,
  "slideType": "other",
  "function": "establish_context",
  "density": "overcrowded",
  "nDataPoints": 14,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019de515-b606-7273-87eb-772338262fdd/18",
  "deckHref": "/decks/019de515-b606-7273-87eb-772338262fdd",
  "deckJsonHref": "/decks/019de515-b606-7273-87eb-772338262fdd.json",
  "deckAnchorHref": "/decks/019de515-b606-7273-87eb-772338262fdd#slide-18",
  "components": [
    {
      "bbox": {
        "h": 0.02,
        "w": 0.07,
        "x": 0.056,
        "y": 0.92
      },
      "kind": "image",
      "text": "KREF",
      "attrs": {},
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "46b6d97f-3097-45b2-a3cd-c861b8ee00c1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.29,
        "w": 0.37,
        "x": 0.55,
        "y": 0.39
      },
      "kind": "image",
      "text": "Property Locations",
      "attrs": {},
      "subkind": "map",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "82d72e64-3993-4812-9cf0-68fbbf390938",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.29,
        "w": 0.37,
        "x": 0.09,
        "y": 0.39
      },
      "kind": "image",
      "text": "Property Locations",
      "attrs": {},
      "subkind": "map",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f26e301a-89df-4db7-b233-2dc903b4afc4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.41,
        "x": 0.06,
        "y": 0.71
      },
      "kind": "image",
      "text": null,
      "attrs": {},
      "subkind": "screenshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "78ce709f-d92e-4d92-8c1b-64fe4566deb8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.41,
        "x": 0.52,
        "y": 0.71
      },
      "kind": "image",
      "text": null,
      "attrs": {},
      "subkind": "screenshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "939be742-fb6d-48e9-abe3-dd674b9a5af9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.26,
        "w": 0.38,
        "x": 0.085,
        "y": 0.16
      },
      "kind": "list",
      "text": "Multifamily: 44% of Loan Portfolio\n$102 M Average Loan Size(1)\n69% W.A. LTV(2)\n0% Construction Loans\n78% W.A. Occupancy at Closing\n89% W.A. Occupancy Current(3)\n2016 Median Year Built",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0b1b1f61-90d5-4392-9072-740671cd27c2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.26,
        "w": 0.38,
        "x": 0.55,
        "y": 0.16
      },
      "kind": "list",
      "text": "Office: 25% of Loan Portfolio\n$167 M Average Loan Size(1)\n62% W.A. LTV(2)\n2.4% Co-Working Exposure\n68% W.A. Occupancy at Closing\n75% W.A. Occupancy Current(3)\n9.5 years W.A. Remaining Lease Term",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "325052fe-1210-4708-afe9-91650f330b2a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.88,
        "x": 0.056,
        "y": 0.85
      },
      "kind": "source-note",
      "text": "(1) Average loan commitment is inclusive of the unfunded KREF commitment\n(2) 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. Excludes loans risk-rated 5\n(3) Based on most recent data available from our borrowers as of March 31, 2023",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e1a11a4e-d895-43c9-aa78-c796c14a1cd1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.69,
        "x": 0.056,
        "y": 0.07
      },
      "kind": "title",
      "text": "Multifamily and Office Loan Overview",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8683b740-f874-4ca2-8bd8-da87e705cb21",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "List presentation",
      "slug": "list-presentation",
      "agent": null,
      "layer": "slide",
      "matchId": "090a645c-1a8e-40b4-aec8-14907e4d95ff",
      "evidence": "The slide contains lists of bullet points with specific details about multifamily and office loans.",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [
    {
      "to": 21,
      "from": 17,
      "name": "Zoom In",
      "slug": "06-zoom-in",
      "bestFor": "Technical deep-dives, case studies, detailed analysis",
      "matchId": "5c6ce6f9-afb5-46ff-843f-da83611e8fa7",
      "evidence": "The document provides a detailed overview of KREF's loan portfolio on pages 17-21, including case studies of largest loans.",
      "position": 0,
      "objective": "To provide a deeper understanding of KREF's loan portfolio",
      "structure": "The Big Picture -> Key Area of Focus -> Specific Detail -> Implication",
      "confidence": 0.7,
      "description": "Start broad, then progressively focus on specific details that prove your point"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}