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%.
Received $457.0 million in loan repayments and funded $53.0 million in loan principal.
Repaid $220.0 million in financing, net.
Current loan portfolio of $5.9 billion with 99% floating rate and a weighted average unlevered all-in yield of 7.8%.
Repurchased 859,055 shares at an average price per share of $11.64 for a total of $10.0 million.
The current market offers an attractive lending opportunity and KREF is actively originating with $224 million closed in the first month of the year.
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