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  "documentTitle": "KKR Real Estate Finance Trust | Results Presentation Deck | 28 slides",
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  "authorName": "KKR Real Estate Finance Trust",
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  "presentationDate": "2024-02-01 00:00:00",
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      "text": "KREF",
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      "text": "(3) The total whole loan is $188 million, co-originated and co-funded by KREF and a KKR affiliate. KREF's interest was 75% of the loan or $140 million",
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      "text": "(2) The total whole loan is $199 million, including (i) a fully funded senior mortgage loan of $120 million, at an interest rate of S+2.3% and (ii) a mezzanine note with a commitment of $79 million, of which $74 million was funded as of December 31, 2023, at a fixed PIK interest rate of 4.5%",
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      "text": "(4) Loan basis reflects outstanding current principal amount before any CECL adjustments",
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      "text": "(1) The total whole loan is $363 million, co-originated and co-funded by KREF and a KKR affiliate. KREF's interest was 69% of the loan or $250 million",
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      "text": "Investment, Mountain View Office, Minneapolis Office, Seattle Life Science, Loan Type, Floating-Rate Senior Loan, Floating-Rate Senior Loan, Floating-Rate Senior Loan, Investment Date, July 2021, November 2017, October 2021, Collateral, Five Class-A Office Buildings totaling 446k SF, Two Class-A Office Buildings totaling 1.1mm SF, Class-A Office totaling 210k SF, Loan Purpose, Acquisition, Refinance, Acquisition, Location, Mountain View, CA, Minneapolis, MN, Seattle, WA, Committed Amount, $250 million, $199 million, $140 million, Current Principal Amount, $201 million, $194 million, $117 million, Loan Basis, $654 / SF, $182 / SF, $745 / SF, Coupon, + 3.4%, + 2.3%, + 3.2%, Max Remaining Term (Yrs.), 2.6, 1.5, 2.8, Loan Risk Rating, 5, 5, 5",
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      "kind": "title",
      "text": "Case Studies: Watch List Loans (Risk Rating 5)",
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