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.
Originated $1,537.0 million in senior loans and received $934.9 million in loan repayments.
Closed a $1.3 billion managed CLO and repaid $767.0 million of outstanding notes under the 2018 CLO.
Entered into a new $500.0 million term lending agreement.
Maintained a strong liquidity position of $516.2 million.
No specific forward guidance provided in this earnings report.
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