KKR Real Estate Finance Trust

KKR Real Estate Finance Trust, Inc. is a real estate finance company, which focuses primarily on originating and acquiring senior loans secured by commercial real estate assets. Its target assets include mezzanine loans, preferred equity and other debt-oriented instruments. The company's investment objective is capital preservation and generating attractive risk-adjusted returns for its stockholders over the long term, primarily through dividends. KKR Real Estate Finance Trust was founded on October 2, 2014 and is headquartered in New York, NY.

Earnings data Q1 2024

KREF reports Q1 net income of $30.8 million, faces increased CECL allowance

KREF's Q1 performance was impacted by a significant CECL provision, leading to a decline in book value per share. However, the company maintained strong liquidity and easily covered the dividend. Challenges include the increased CECL allowance and a total of 7 loans on the watch list. Opportunities lie in anticipated repayments and liquidity from favored asset classes.

KREF reports Q2 loss, maintains liquidity, sees opportunities in sales

KREF's Q2 performance was impacted by a GAAP net loss and increased CECL reserves. However, the company maintains ample liquidity and is well-capitalized. Identified challenges in the office sector but sees opportunities in late-stage sales processes and future funding offset by repayments. Overall, KREF remains focused on maintaining a robust liquidity position and addressing potential issues in the portfolio.

KREF reports stable Q3 performance, eyes commercial real estate opportunities

KREF's Q3 performance reflects stability and resilience in its portfolio, with a focus on maximizing shareholder value. While facing challenges from higher carrying costs and leasing environment, the company is well-positioned to capitalize on opportunities in commercial real estate and anticipates increased transaction volume in the future.

KREF reports Q4 loss, eyes opportunities in market sentiment

KREF's Q4 performance was impacted by a GAAP net loss and distributable earnings write-off. Despite challenges, the company maintains strengths in its portfolio composition and capitalization. Opportunities arise from potential rate cuts and increased transaction volumes.

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KKR Real Estate Finance Trust, Inc. engages in originating and acquiring transitional senior loans secured by commercial real estate assets. Its target assets include mezzanine loans, preferred equity, and other debt-oriented instruments. The company was founded on October 2, 2014 and is headquartered in New York, NY.

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) announced that the Board of Directors has declared a dividend of $0.40625 per each issued and outstanding share of the Company's 6.50% Series A Cumulative Redeemable Preferred Stock, which represents an annual dividend of $1.625 per share. The dividend is payable on June 14, 2024 to KREF's preferred stockholders of record as of May 31, 2024. About KKR Real Estate Finance Trust Inc. KREF is a rea.

KKR Real Estate Finance Trust Inc. Declares Preferred Stock Dividend

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NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that it plans to release its financial results for the first quarter 2024 on Tuesday, April 23, 2024, after the closing of trading on the New York Stock Exchange. A conference call to discuss KREF's financial results will be held on Wednesday, April 24, 2024 at 10:00 a.m. ET. The conference call may be accessed by dialing (844) 784-1730 (U.S. callers) or +1 (412) 380-7410 (non-U.S. callers); a pa.

KKR Real Estate Finance Trust Inc. to Announce First Quarter 2024 Results

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KKR Real Estate Finance Trust Inc. (KREF) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for KKR Real Estate (KREF) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

KKR Real Estate (KREF) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

KKR Real Estate Finance (KREF) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.18 per share a year ago.

KKR Real Estate Finance (KREF) Tops Q4 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today reported its fourth quarter and full year 2023 results, which have been posted to the Investor Relations section of KREF's website at http://www.kkrreit.com/investor-relations/events-and-presentations. A conference call to discuss KREF's financial results will be held on Wednesday, February 7, 2024 at 9:00 a.m. ET. The conference call may be accessed by dialing (844) 784-1730 (U.S. callers) or +1 (412) 380.

KKR Real Estate Finance Trust Inc. Reports Fourth Quarter and Full Year 2023 Results

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) today announced the tax treatment of its 2023 common stock and 6.50% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) dividends. The following table summarizes KKR Real Estate Finance Trust Inc.'s common stock and Series A Preferred Stock dividend payments for the tax year ended December 31, 2023: Tax Treatment of 2023 Common Stock Dividends   Record Date Payment D.

KKR Real Estate Finance Trust Inc. Tax Treatment of 2023 Dividends

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that it plans to release its financial results for the fourth quarter 2023 on Tuesday, February 6, 2024, after the closing of trading on the New York Stock Exchange. A conference call to discuss KREF's financial results will be held on Wednesday, February 7, 2024 at 9:00 a.m. ET. The conference call may be accessed by dialing (844) 784-1730 (U.S. callers) or +1 (412) 380-7410 (non-U.S. callers);.

KKR Real Estate Finance Trust Inc. to Announce Fourth Quarter 2023 Results

KKR Real Estate Finance has seen its discount to book value reduce to just 14%. The mREIT is now paying out a 12.2% dividend yield that was not fully covered by distributable earnings. Book value is set to see more near-term disruption as the Fed begins to cut interest rates.

KKR Real Estate Finance: Discount To Book Value Tightens, 12.2% Dividend Yield

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) announced that the Board of Directors has declared a dividend of $0.43 per share of common stock with respect to the fourth quarter of 2023. The dividend is payable on January 12, 2024 to KREF's common stockholders of record as of December 29, 2023. About KKR Real Estate Finance Trust Inc. KREF is a real estate finance company that focuses primarily on originating and acquiring senior loans secu.

KKR Real Estate Finance Trust Inc. Declares Quarterly Dividend of $0.43 Per Share of Common Stock

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KKR Real Estate Finance Trust Inc. (NYSE:KREF ) Q3 2023 Results Conference Call October 24, 2023 10:00 AM ET Company Participants Jack Switala - IR Matt Salem - CEO Patrick Mattson - President and COO Kendra Decious - CFO Conference Call Participants Sarah Barcomb - BTIG Stephen Laws - Raymond James Don Fandetti - Wells Fargo Jade Rahmani - KBW Rick Shane - JP Morgan Steve Delaney - JMP Securities Operator Good morning, and welcome to the KKR Real Estate Finance Trust Incorporated Third Quarter 2023 Financial Results Conference Call. All participants will be in listen-only mode.

KKR Real Estate Finance Trust Inc. (KREF) Q3 2023 Earnings Call Transcript

KKR Real Estate Finance (KREF) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.50 per share a year ago.

KKR Real Estate Finance (KREF) Tops Q3 Earnings and Revenue Estimates

News for KKR Real Estate Finance Trust Stock (KREF)