In Q4 2025, KKR Real Estate Finance Trust posted a GAAP net loss driven by higher credit loss provisions, while distributable earnings remained positive and portfolio fundamentals and liquidity stayed strong.

KREF reported positive net income in Q3 2025, reversing prior losses. The company maintained strong liquidity, enhanced its financing structure, and expanded its geographic footprint with its first European loan.

KREF posted a net loss of $35.4M as credit loss provisions and a realized loan write-off loss offset solid loan originations and interest collection. Liquidity remained strong with $756.7M, and the loan portfolio maintained a high percentage of floating-rate loans with solid interest collections.

KKR Real Estate Finance Trust Inc. reported a net loss attributable to common stockholders of $10.6 million, or $0.15 per diluted share, for the first quarter of 2025. However, Distributable Earnings were positive at $17.0 million, or $0.25 per diluted share, a significant improvement from a distributable loss in the prior quarter. The company also highlighted strong liquidity and strategic financing activities.

KKR Real Estate Finance Trust Inc. reported a net income attributable to common stockholders of $14.6 million, or $0.21 per diluted share, and a distributable loss of ($14.7) million, or ($0.21) per diluted share, for the three months ended December 31, 2024. The company received $457.0 million in loan repayments and funded $53.0 million in loan principal during the quarter. The current loan portfolio stands at $5.9 billion, with 99% floating rate and a weighted average unlevered all-in yield of 7.8%.

KKR Real Estate Finance Trust Inc. reported a net loss attributable to common stockholders of ($13.0) million, or ($0.19) per diluted share, for the third quarter of 2024. However, distributable earnings improved significantly to $25.9 million, or $0.37 per diluted share. The company received $290.0 million in loan repayments and repaid $267.8 million in financing, net, reducing debt-to-equity and total leverage ratios.

KKR Real Estate Finance Trust Inc. reported a net income attributable to common stockholders of $20.2 million, or $0.29 per diluted share. The company's liquidity position was $643.9 million, and it received $384.5 million in loan repayments. The current loan portfolio stands at $6.6 billion, with multifamily and industrial assets representing 60%.

KKR Real Estate Finance Trust Inc. reported a net loss attributable to common stockholders of ($8.7) million, or ($0.13) per diluted share, and Distributable Earnings of $26.7 million, or $0.39 per diluted share, for the three months ended March 31, 2024. The company's liquidity position was $620.1 million, including $106.5 million in cash.

KKR Real Estate Finance Trust Inc. reported a net loss attributable to common stockholders of ($18.7) million, or ($0.27) per diluted share, and Distributable Earnings (Loss) of ($26.0) million, or ($0.37) per diluted share, for the fourth quarter of 2023. The Board of Directors declared a dividend of $0.25 per share of common stock with respect to the first quarter of 2024.

KKR Real Estate Finance Trust Inc. reported net income attributable to common stockholders of $21.4 million, or $0.31 per diluted share, and Distributable Earnings of $17.4 million, or $0.25 per diluted share, for the three months ended September 30, 2023.

KKR Real Estate Finance Trust Inc. reported a net loss attributable to common stockholders of ($25.8) million, or ($0.37) per diluted share. Distributable Earnings were $33.1 million, or $0.48 per diluted share.

KKR Real Estate Finance Trust Inc. reported a net loss attributable to common stockholders of ($30.8) million, or ($0.45) per diluted share, and Distributable Earnings of $33.1 million, or $0.48 per diluted share, for the quarter ended March 31, 2023. The company's liquidity position was $892.2 million, and the loan portfolio stood at $7.9 billion with 100% floating rate and a weighted average all-in yield of 8.5%.

KKR Real Estate Finance Trust Inc. reported net income attributable to common stockholders of $14.6 million, or $0.21 per diluted share, and Distributable Earnings of $12.4 million, or $0.18 per diluted share, for the three months ended December 31, 2022.

KKR Real Estate Finance Trust Inc. reported a net loss attributable to common stockholders of ($48.4) million, or ($0.70) per diluted share, for the quarter ended September 30, 2022. However, the company's Distributable Earnings remained strong at $34.4 million, or $0.50 per diluted share. The current quarter net loss was largely driven by an increase in the unrealized CECL allowance.

KKR Real Estate Finance Trust Inc. reported net income attributable to common stockholders of $19.4 million, or $0.28 per diluted share, and Distributable Earnings of $33.1 million, or $0.48 per diluted share, for the three months ended June 30, 2022.

KKR Real Estate Finance Trust Inc. reported net income attributable to common stockholders of $29.8 million, or $0.47 per basic share, and Distributable Earnings of $29.8 million, or $0.47 per diluted share, for the quarter ended March 31, 2022.

KKR Real Estate Finance Trust Inc. reported net income attributable to common stockholders of $35.2 million, or $0.59 per diluted share, for the three months ended December 31, 2021. Distributable Earnings were ($2.9) million, or ($0.05) per diluted share for the same period.

KKR Real Estate Finance Trust Inc. reported a strong third quarter with increased net income and distributable earnings. The company saw significant loan originations and repayments, and closed a managed CLO to diversify financing.

KKR Real Estate Finance Trust Inc. reported a strong second quarter with net income attributable to common stockholders of $29.3 million, or $0.52 per diluted share, and distributable earnings of $30.4 million, or $0.54 per diluted share.

KKR Real Estate Finance Trust Inc. reported a strong start to 2021, originating three senior loans totaling $534.5 million. The company's earnings benefited from portfolio performance and in-place rate floors, with distributable earnings well in excess of the quarterly dividend.

KKR Real Estate Finance Trust Inc. reported a net income attributable to common stockholders of $28.8 million, or $0.52 per diluted share, and Distributable Earnings of $26.5 million, or $0.48 per diluted share, for the fourth quarter of 2020. The company originated six senior loans and one corporate loan totaling $565.4 million, and its portfolio is 97.7% performing with a weighted average risk rating of 3.1.

KKR Real Estate Finance Trust Inc. reported a net income attributable to common stockholders of $31.4 million, or $0.56 per basic and diluted share, for the third quarter of 2020. Core Earnings were $32.5 million, or $0.59 and $0.58 per basic and diluted share, respectively. The company's liquidity position was $700.6 million, and the funded portfolio was $5.0 billion with 99.9% performing loans.

KKR Real Estate Finance Trust Inc. reported net income of $28.6 million, or $0.52 per share, and Core Earnings of $25.0 million, or $0.45 per share, for the quarter ended June 30, 2020.

KKR Real Estate Finance Trust Inc. reported a net loss attributable to common stockholders of $35.2 million, or ($0.61) per share, due to an unrealized CECL provision of $55.3 million. Core Earnings were $25.3 million, or $0.44 per share, consistent with the previous year. The company maintained a strong liquidity position with $369.9 million in cash and committed $352.5 million to new loans.

KKR Real Estate Finance Trust Inc. reported net income attributable to common stockholders of $24.8 million, or $0.43 per diluted share, and Net Core Earnings of $25.5 million, or $0.44 per diluted share, for the quarter ended December 31, 2019. The company committed and initially funded $764.1 million and $527.0 million, respectively, to six new floating-rate senior loans.