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  "documentTitle": "KKR Real Estate Finance Trust | Investor Presentation Deck | 39 slides",
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  "authorName": "KKR Real Estate Finance Trust",
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  "presentationDate": "2024-10-01 00:00:00",
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      "text": "(1) The total whole loan was $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 September 30, 2024, at a fixed PIK interest rate of 4.5%\n(2) The total whole loan was $196 million, co-originated and co-funded by KREF and a KKR affiliate. KREF's interest was 64% of the loan or $125 million\n(3) Loan basis reflects outstanding current principal amount before any CECL adjustments",
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      "text": "Investment, Minneapolis Office, San Carlos Life Science, West Hollywood Multifamily, San Diego Multifamily, Raleigh Multifamily, Loan Type, Floating-Rate Senior Loan, Floating-Rate Senior Loan, Floating-Rate Senior Loan, Floating-Rate Senior Loan, Floating-Rate Senior Loan, Investment Date, November 2017, February 2022, January 2022, October 2021, April 2022, Collateral, Two Class-A Office Buildings totaling 1.1mm SF, Class-A Life Science Property totaling 230k SF, 37-unit Class-A Multifamily, 231-unit Class-A Multifamily, 320-unit Class-B Multifamily, Loan Purpose, Refinance, Acquisition, Refinance, Refinance, Acquisition, Location, Minneapolis, MN, San Carlos, CA, West Hollywood, CA, San Diego, CA, Raleigh, NC, Committed Amount, $199 million, $125 million, $111 million, $114 million, $92 million, Current Principal Amount, $194 million, $103 million, $110 million, $108 million, $83 million, Loan Basis, $182 / SF, $705 / SF, $2,972,951 / unit, $467,070 / unit, $260,775 / unit, Coupon, + 2.3%, + 3.6%, + 3.1%, + 3.3%, + 3.1%, Max Remaining Term (Yrs.), 0.8, 2.4, 2.4, 2.1, 2.6, Loan Risk Rating, 5, 5, 5, 4, 4",
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      "kind": "title",
      "text": "Case Studies: Watch List Loans",
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