{ "docId": "019de518-1214-768a-92ad-49bd1cd77980", "docSlug": "785f0e9075eb5c3221deaa721a6862f5", "documentTitle": "KKR Real Estate Finance Trust | Results Presentation Deck | 28 slides", "authorId": "kkr-real-estate-finance-trust", "authorName": "KKR Real Estate Finance Trust", "documentKindSlug": "shareholder-letter", "documentKindLabel": "Shareholder letter", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2024-02-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 20, "pageCount": 28, "prevPage": 19, "nextPage": 21, "slideType": "kpi_overview", "function": "analyze_data", "density": "dense", "nDataPoints": 300, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de518-1214-768a-92ad-49bd1cd77980/20", "deckHref": "/decks/019de518-1214-768a-92ad-49bd1cd77980", "deckJsonHref": "/decks/019de518-1214-768a-92ad-49bd1cd77980.json", "deckAnchorHref": "/decks/019de518-1214-768a-92ad-49bd1cd77980#slide-20", "components": [ { "bbox": { "h": 0.03, "w": 0.101, "x": 0.059, "y": 0.93 }, "kind": "image", "text": "KREF", "attrs": null, "subkind": "logo", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5546128b-32e6-4c4e-a225-66383367daec", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.014, "w": 0.08, "x": 0.059, "y": 0.15 }, "kind": "paragraph", "text": "($ in Millions)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "caab059c-b830-4c33-aef5-f56668836fcf", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.014, "w": 0.168, "x": 0.059, "y": 0.685 }, "kind": "source-note", "text": "*See footnotes on subsequent page", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "251770ae-719f-4c1a-bd9f-beda13773ddc", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.46, "w": 0.881, "x": 0.059, "y": 0.18 }, "kind": "table", "text": "Senior Loans (9)\n#\nInvestment(1)\nLocation\nProperty Type\nInvestment\nDate\nTotal Whole\nLoan (2)\nCommitted\nPrincipal\nAmount (2)\nCurrent\nPrincipal\nAmount\nNet\nEquity (3)\nCoupon (4)(5)\nMax Remaining\nTerm (Yrs) (4) (6)\nLoan Per\nSF / Unit / Key (7)\nLTV(4)(8)\nRisk\nRating\n51\nSenior Loan\nPhoenix, AZ\nSingle Family Rental\n4/22/2021\n$72.1\n$72.1\n$67.7\n$17.7\n+4.9%\n2.4\n$157,092/unit\n50%\n3\n52\nSenior Loan\nDenver, CO\nMultifamily\n9/14/2021\n70.3\n70.3\n70.3\n10.7\n+2.8%\n2.8\n$290,496 / unit\n78%\n3\n53\nSenior Loan\nWashington, D.C.\nMultifamily\n12/4/2020\n69.0\n69.0\n66.8\n10.7\n+3.6%\n1.9\n$267,000/ unit\n63%\n3\n54\nSenior Loan\nDallas, TX\nMultifamily\n8/18/2021\n68.2\n68.2\n68.2\n10.2\n+3.9%\n2.7\n$189,444/unit\n70%\n3\n55\nSenior Loan\nManassas Park, VA\nMultifamily\n2/25/2022\n68.0\n68.0\n68.0\n13.3\n+2.7%\n3.2\n$223,684/unit\n73%\n3\n56\nSenior Loan\nPlano, TX\nMultifamily\n3/31/2022\n67.8\n67.8\n67.4\n19.0\n+2.8%\n3.3\n$253,226/unit\n75%\n3\n57\nSenior Loan\nNashville, TN\nHospitality\n12/9/2021\n66.0\n66.0\n64.7\n10.1\n+3.7%\n3.0\n$281,237/key\n68%\n3\n58\nSenior Loan\nOakland, CA\nOffice\n10/23/2020\n205.5\n64.4\n45.8\n7.2\n+4.4%\n1.9\n$141/SF\n55%\n2\n59\nSenior Loan\nAtlanta, GA\nMultifamily\n12/10/2021\n61.5\n61.5\n59.3\n14.8\n+3.0%\n3.0\n$196,421/unit\n67%\n3\n60\nSenior Loan\nDurham, NC\nMultifamily\n12/15/2021\n60.0\n60.0\n56.5\n10.1\n+3.0%\n3.0\n$163,879/unit\n67%\n3\n61\nSenior Loan\nSan Antonio, TX\nMultifamily\n4/20/2022\n57.6\n57.6\n56.4\n10.6\n+2.7%\n3.4\n$164,950/ unit\n79%\n3\n62\nSenior Loan\nQueens, NY\nIndustrial\n2/22/2022\n55.3\n55.3\n54.7\n13.9\n+4.0%\n0.7\n$89/SF\n68%\n3\n63\nSenior Loan\nSharon, MA\nMultifamily\n12/1/2021\n51.9\n51.9\n51.9\n7.7\n+2.9%\n2.9\n$270,443/unit\n70%\n3\n64\nSenior Loan\nReno, NV\nIndustrial\n4/28/2022\n140.4\n50.5\n50.5\n11.4\n+2.7%\n3.4\n$117/SF\n74%\n3\n65\nSenior Loan\nCarrollton, TX\nMultifamily\n4/1/2022\n48.5\n48.5\n47.5\n13.8\n+2.9%\n3.3\n$148,428/unit\n74%\n3\n66\nSenior Loan\nDallas, TX\nMultifamily\n4/1/2022\n43.9\n43.9\n42.6\n11.6\n+2.9%\n3.3\n$119,706/unit\n73%\n3\n67\nSenior Loan\nGeorgetown, TX\nMultifamily\n12/16/2021\n41.8\n41.8\n41.8\n10.3\n+3.4%\n3.0\n$199,048/unit\n68%\n3\n68\nSenior Loan\nSan Diego, CA\nMultifamily\n4/29/2022\n203.0\n40.0\n39.7\n6.2\n+2.6%\n3.4\n$455,485/ unit\n63%\n3\n69\nSenior Loan\nDenver, CO\nIndustrial\n12/11/2020\n15.4\n15.4\n12.1\n4.4\n+3.8%\n2.0\n$47/SF\n61%\n2\nTotal/Weighted Average\n$11,842.2\n$8,390.1\n$7,558.0\n$1,821.0\n+3.3%\n2.7\n66%\n3.2\nCMBS B-Pieces\n1\nRECOP (14)\nVarious\nVarious\n2/13/2017\nn.a.\n$40.0\n$35.7\n$35.7\n4.7%\n5.5\nn.a.\n58%\nn.a.\nTotal / Weighted Average\n$40.0\n$35.7\n$35.7\n4.7%\n5.5\n58%\nReal Estate Owned\n1\nReal Estate Asset\nPortland, OR\nRetail\n12/16/2021\nn.a.\nn.a.\n$82.1\n$82.1\nn.a.\nn.a.\nn.a.\nn.a.\nn.a.\n2\nReal Estate Asset\nPhiladelphia, PA\nOffice\n12/22/2023\nn.a.\nn.a.\n76.5\n26.5\nn.a.\nn.a.\nn.a.\nn.a.\nn.a.\nTotal / Weighted Average\n$158.6\n$108.6\nPortfolio Total / Weighted Average\n$8,430.1\n$7,752.3\n$1,965.2\n8.7%\n2.7\n66%\n3.2", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "68e5aa32-2c29-4ebe-9290-a6803316c608", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.306, "x": 0.059, "y": 0.056 }, "kind": "title", "text": "Portfolio Details", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "708e8070-6d4b-46ab-afeb-f4de52f278cf", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }