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      "text": "Life Science Portfolio Breakdown\n5-Rated Life Sci. 15%\n3-Rated Life Sci. 85%",
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      "text": "Note: The charts above are based on outstanding principal amount. Commitment amount includes participations by KKR affiliated entities and third parties that are syndicated / sold. Weighted average is weighted by the current principal amount. Loan Per SF is based on the current principal amount divided by the current SF. For the Boston, MA, Redwood City, CA and Cambridge, MA construction loans, Loan Per SF is calculated as the total commitment amount of the loan divided by the proposed SF. Max remaining term (years) assumes all extension options are exercised, if applicable",
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      "text": "KREF Life Science Loan Portfolio\nLocation, Investment Date, Loan Purpose, Current Commitment ($ Millions), Current Principal ($ Millions), Loan per SF, Max Term (Years)\nSeattle, WA, Oct-21, Acquisition, $140.3, $116.8, $745, 2.8\nRisk-Rated 5: Total / Weighted Average, $140.3, $116.8, 2.8\nBoston, MA, Aug-22, Construction, 312.5, 195.4, 747, 3.6\nBoston, MA, Apr-21, Acquisition, 166.2, 161.1, 669, 2.4\nRedwood City, CA, Sep-22, Construction, 145.2, -, 885, 3.8\nSan Carlos, CA, Feb-22, Recapitalization, 125.0, 102.8, 702, 3.1\nCambridge, MA, Dec-21, Construction, 115.7, 87.6, 1072, 3.0\nBrisbane, CA, Jul-21, Refinance, 95.0, 90.8, 784, 2.6\nRisk-Rated 3: Total / Weighted Average, $959.5, $637.8, 3.0\nGrand Total / Weighted Average, $1,099.8, $754.6, 3.0",
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      "text": "100% of KREF's Risk-Rated 3 exposure is located in the top two Life Science markets and approximately 40% of future funding supports “good news” leasing",
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