{
  "docId": "019de518-9c79-7734-8123-9cb4f758122a",
  "docSlug": "2458e3a60a52815ea03154dee942cd81",
  "documentTitle": "KKR Real Estate Finance Trust | Investor Presentation Deck | 39 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": "2024-10-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 26,
  "pageCount": 39,
  "prevPage": 25,
  "nextPage": 27,
  "slideType": "other",
  "function": "establish_context",
  "density": "overcrowded",
  "nDataPoints": 26,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de518-9c79-7734-8123-9cb4f758122a/26",
  "deckHref": "/decks/019de518-9c79-7734-8123-9cb4f758122a",
  "deckJsonHref": "/decks/019de518-9c79-7734-8123-9cb4f758122a.json",
  "deckAnchorHref": "/decks/019de518-9c79-7734-8123-9cb4f758122a#slide-26",
  "components": [
    {
      "bbox": {
        "h": 0.25,
        "w": 0.18,
        "x": 0.74,
        "y": 0.6
      },
      "kind": "chart",
      "text": "Property Type(3):\nMixed Use 2%\nMultifamily 41%\nOffice 27%\nLife Science 18%\nIndustrial 12%",
      "attrs": {},
      "subkind": "pie",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "865cd6ff-9736-4b64-afd6-28773e1d5fef",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.08,
        "x": 0.05,
        "y": 0.93
      },
      "kind": "image",
      "text": "KREF",
      "attrs": {},
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "093ab570-db57-4a14-9b47-c1afd54cc66a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.01,
        "w": 0.1,
        "x": 0.05,
        "y": 0.14
      },
      "kind": "paragraph",
      "text": "($ in Millions)",
      "attrs": {},
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "68b37075-d6a5-48c1-8a50-b54f814a69fb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.3,
        "x": 0.05,
        "y": 0.87
      },
      "kind": "source-note",
      "text": "(1) Based on extended maturity date\n(2) Weighted average pricing expressed as spread over Term SOFR\n(3) Based on principal balance of financing",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0327136b-d35c-433e-85eb-4338248e58da",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.87,
        "x": 0.05,
        "y": 0.18
      },
      "kind": "table",
      "text": "Counterparty\nWELLS FARGO\nMorgan Stanley\nGoldman Sachs\nTotal or Weighted Average\nDrawn\n$609\n$321\n$209\n$1,139\nCapacity\n$1,000\n$600\n$400\n$2,000\nCollateral: Loans / Principal Balance\n8 Loans / $879\n8 Loans / $469\n6 Loans / $339\n22 Loans / $1,687\nFinal Stated Maturity(1)\nSeptember 2029\nMarch 2026\nDecember 2027\n-\nWeighted Average Pricing(2)\n+1.5%\n+2.1%\n+3.0%\n+2.0%\nWeighted Average Advance\n69.2%\n68.5%\n61.7%\n67.5%\nMark-to-market\nCredit Only\nCredit Only\nCredit Only\n-",
      "attrs": {},
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ae20bfb8-c74c-41d9-a0dc-cabf6cb73d1e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.6,
        "x": 0.05,
        "y": 0.07
      },
      "kind": "title",
      "text": "Financing Overview: Term Credit Facilities",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a01c0248-537e-4255-9986-7ea00ee3aa39",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "33a64cb4-61d5-4b3e-b7ca-be7f7627b84e",
      "evidence": "table/data: Counterparty",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [
    {
      "to": 30,
      "from": 4,
      "name": "Logic Chain",
      "slug": "01-logic-chain",
      "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis",
      "matchId": "c49a9747-ecd6-4534-9bc2-af8a80b37928",
      "evidence": "The document presents a clear logic chain from slides 4-30",
      "position": 0,
      "objective": "To demonstrate the investment thesis",
      "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)",
      "confidence": 0.7,
      "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion"
    },
    {
      "to": 27,
      "from": 24,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "ed3836c7-e267-40f3-a167-12a6ba1f257d",
      "evidence": "The document presents information on the cost of inaction on slides 24-27",
      "position": 1,
      "objective": "To highlight the risks of not investing",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}