{ "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": 17, "pageCount": 42, "prevPage": 16, "nextPage": 18, "slideType": "other", "function": "analyze_data", "density": "overcrowded", "nDataPoints": 30, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de516-2a7b-7323-8644-ff9e625df2de/17", "deckHref": "/decks/019de516-2a7b-7323-8644-ff9e625df2de", "deckJsonHref": "/decks/019de516-2a7b-7323-8644-ff9e625df2de.json", "deckAnchorHref": "/decks/019de516-2a7b-7323-8644-ff9e625df2de#slide-17", "components": [ { "bbox": { "h": 0.302, "w": 0.456, "x": 0.058, "y": 0.149 }, "kind": "chart", "text": "Total Portfolio Growth ($ in Millions) 2Q'19 $4,952 2Q'20 $5,257 2Q'21 $5,618 2Q'22 $7,888 2Q'23 $7,872", "attrs": {}, "subkind": "bar-vertical", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a5af0551-a31e-4289-8a85-30ef42eb9670", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.302, "w": 0.456, "x": 0.058, "y": 0.47 }, "kind": "chart", "text": "Geography(1) 18% 15% 10% 7% 6% Washington, D.C. 5% 5% 11% Other <5%: 23%", "attrs": {}, "subkind": "map", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e8381f63-e53f-4a0b-ada8-412b6c2c588a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.23, "w": 0.21, "x": 0.518, "y": 0.149 }, "kind": "chart", "text": "Investment Type(2) Senior Loans 100%", "attrs": {}, "subkind": "pie", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "048e779f-e1dc-4a85-8c2a-dc1d5716c17f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.14, "w": 0.21, "x": 0.55, "y": 0.63 }, "kind": "chart", "text": "Office (5) Class-B 6% Class-A 94% LEED 86%", "attrs": {}, "subkind": "pie", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "498bc215-e0bd-42e7-8f0b-89458eb78210", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.21, "w": 0.308, "x": 0.64, "y": 0.418 }, "kind": "chart", "text": "Property Type Hospitality 5% Life Science (3) 9% Industrial 14% Multifamily 42% Office 26% Other (4) 5%", "attrs": {}, "subkind": "pie", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "52553890-4670-4eb0-bfde-160047017d11", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.14, "w": 0.21, "x": 0.77, "y": 0.63 }, "kind": "chart", "text": "Multifamily Class-B 30% Class-A 70%", "attrs": {}, "subkind": "pie", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "71dfae18-09f5-4816-a843-ab9571e2661a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.23, "w": 0.21, "x": 0.738, "y": 0.149 }, "kind": "chart", "text": "Interest Rate Type Fixed 1% Floating 99%", "attrs": {}, "subkind": "pie", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "adfda449-990e-4df1-bd83-88649af8a77a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.89, "x": 0.058, "y": 0.848 }, "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": { "numbered": true }, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "212fb8d8-f8ee-4fb0-a71e-3665316fef9b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.015, "w": 0.89, "x": 0.058, "y": 0.88 }, "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": { "numbered": true }, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "29f08b69-a0a7-4d8f-9381-466906669825", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.015, "w": 0.74, "x": 0.058, "y": 0.899 }, "kind": "source-note", "text": "(4) \"Other\" property types include: 2% Condo (Residential), 1% Student Housing, 1% Single Family Rental and 1% Self-Storage", "attrs": { "numbered": true }, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "6fa27131-cf99-40c4-8dc8-be7e1bd2b105", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.015, "w": 0.79, "x": 0.058, "y": 0.918 }, "kind": "source-note", "text": "(5) Office property certification % is based on current principal loan balance; see description for LEED certification in the Appendix", "attrs": { "numbered": true }, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "75fe7981-9177-4cf8-9652-694c02b47003", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.015, "w": 0.49, "x": 0.058, "y": 0.829 }, "kind": "source-note", "text": "(1) Map excludes one real estate owned asset with a net carrying value of $81 million", "attrs": { "numbered": true }, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "83c0fc06-db64-4f53-99c7-358d4c5edc9c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.015, "w": 0.66, "x": 0.058, "y": 0.81 }, "kind": "source-note", "text": "Note: The charts above are based on total assets. Total assets reflect the principal amount of our loan portfolio", "attrs": { "numbered": true }, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "afea6332-950f-49bd-b347-ef68fe7e2855", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.61, "x": 0.058, "y": 0.07 }, "kind": "title", "text": "KREF Loan Portfolio by the Numbers", "attrs": {}, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "bbdf5938-551d-4a34-8f70-fcc88941f8ba", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "2x2 matrix", "slug": "matrix-2x2", "agent": null, "layer": "slide", "matchId": "aad9d526-7ae3-42b5-a5d7-7648e65b6a67", "evidence": "chart/pie: Property Type Hospitality 5% Life Science (3) 9% Industrial 14% Multifamily 42% Office 26% Other (4) 5%", "confidence": 0.7 }, { "name": "Chartjunk Elimination", "slug": "chartjunk-elimination", "agent": "Designer", "layer": "slide", "matchId": "2b020bc5-bd34-4f90-8fa7-975941e62e1b", "evidence": "The charts above are based on total assets. Total assets reflect the principal amount of our loan portfolio", "confidence": 0.7 } ], "frameworks": [], "arcBeats": [ { "to": 18, "from": 17, "beatId": "739ca3ab-f00d-4d0b-995c-4a1df46a319c", "arcName": "The Sequoia Pitch", "arcSlug": "sequoia-pitch", "beatName": "Market Size", "beatSlug": "sequoia-pitch-market-size", "evidence": "The document provides an overview of the KREF Loan Portfolio", "position": 2, "confidence": 0.8, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }