KKR Real Estate Finance Trust presents $3.2 billion loan portfolio
KREF•KKR Real Estate Finance Trust reported a $3.2 billion loan portfolio, $853 million in current liquidity and $5.5 billion in financing capacity.
1. Portfolio composition
Multifamily and industrial properties account for 57% of the loan portfolio, while office loans represent 24%. Of the office exposure, 37% carries a risk rating of 5.
2. Financing and priorities
The company is prioritizing resolutions of watch-list assets and certain legacy office exposures, alongside positioning properties for monetization. Fully non-mark-to-market financing accounts for 74% of secured financing.
