{
  "docId": "019de516-2a7b-7323-8644-ff9e625df2de",
  "docSlug": "1f1f506e185a08ff61fc57dae3f82479",
  "documentTitle": "KKR Real Estate Finance Trust | Investor Presentation Deck | 42 slides",
  "authorId": "kkr-real-estate-finance-trust",
  "authorName": "KKR Real Estate Finance Trust",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-07-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 13,
  "pageCount": 42,
  "prevPage": 12,
  "nextPage": 14,
  "slideType": "thesis_headline",
  "function": "establish_context",
  "density": "overcrowded",
  "nDataPoints": 10,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019de516-2a7b-7323-8644-ff9e625df2de/13",
  "deckHref": "/decks/019de516-2a7b-7323-8644-ff9e625df2de",
  "deckJsonHref": "/decks/019de516-2a7b-7323-8644-ff9e625df2de.json",
  "deckAnchorHref": "/decks/019de516-2a7b-7323-8644-ff9e625df2de#slide-13",
  "components": [
    {
      "bbox": {
        "h": 0.466,
        "w": 0.339,
        "x": 0.337,
        "y": 0.318
      },
      "kind": "image",
      "text": "Skyscrapers illustration",
      "attrs": {},
      "subkind": "illustration",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "de3e80a4-908b-4761-96e1-8b7582c162ce",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.023,
        "w": 0.072,
        "x": 0.057,
        "y": 0.933
      },
      "kind": "image",
      "text": "KREF logo",
      "attrs": {},
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3793180f-aa36-493c-a18f-819eea112d81",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.215,
        "w": 0.166,
        "x": 0.424,
        "y": 0.26
      },
      "kind": "list",
      "text": "Top Markets with Strong Underlying Fundamentals\nTop 15 MSAs 80%\nTop 25 MSAs 91%",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3a3171f4-6294-494d-a6db-abcced979219",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.502,
        "w": 0.249,
        "x": 0.129,
        "y": 0.26
      },
      "kind": "list",
      "text": "Institutional Quality Commercial Real Estate\nAverage Loan Size(1) $126M\nAverage Occupancy of Multifamily Loans 90%\n% of Portfolio Multifamily / Industrial Loans 56%\nConstruction Loans 11%",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "62f06fdf-6535-49c7-8efa-a9e0acdf9ea8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.502,
        "w": 0.208,
        "x": 0.702,
        "y": 0.26
      },
      "kind": "list",
      "text": "High-Quality, Experienced & Well-Capitalized Sponsors\nSelect Examples:\nAUM, Top 10 Publicly Traded Global Asset Manager $100B+\nMarket Capitalization, Top 5 Global Investment Bank $100B+\nUnits, Top Regional Multifamily Developer and Operator 15,000+\nRepeat Borrowers(2) 60%",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bf3319c3-1835-4d30-ab8b-f1c627f86db1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.55,
        "x": 0.057,
        "y": 0.873
      },
      "kind": "source-note",
      "text": "Note: The data above are based on total assets. Total assets reflect the principal amount of our senior and mezzanine loans\n(1) Average loan size is inclusive of the unfunded commitment\n(2) LTM as of June 30, 2023",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cdef6cf7-06d7-4b61-a712-d2038cf95ace",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.022,
        "w": 0.869,
        "x": 0.057,
        "y": 0.15
      },
      "kind": "title",
      "text": "Lending on institutional quality real estate owned by high-quality sponsors in top markets",
      "attrs": {},
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "99a45131-9ca5-4b88-9c26-17c6fce8d28c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.869,
        "x": 0.054,
        "y": 0.069
      },
      "kind": "title",
      "text": "Differentiated, Conservative Investment Strategy",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a7c2782a-0e28-43ff-b245-dcb2c327ec4f",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 14,
      "from": 13,
      "beatId": "a1ea7e91-39bc-4112-b092-e387ae20eebd",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Problem",
      "beatSlug": "sequoia-pitch-problem",
      "evidence": "The document presents the investment strategy and target market",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}