KKR Real Estate Finance Trust/$KREF

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About KKR Real Estate Finance Trust

KKR Real Estate Finance Trust Inc is a real estate finance company that focuses on originating and acquiring senior mortgage loans secured by CRE assets. The investment is to originate or acquire senior mortgage loans collateralized by institutional-quality CRE assets that are owned and operated by experienced and well-capitalized sponsors and located in liquid markets with underlying fundamentals. KKR manages investments across multiple asset classes, including private equity, real estates, energy, infrastructure, credit, and hedge funds. The company's investment objective is capital preservation and generating attractive risk-adjusted returns for its stockholders over the long term, through dividends.
Ticker
$KREF
Primary listing
NYSE
Employees
-

KREF Metrics

BasicAdvanced
$398M
-
-$3.21
0.87
$0.85
5.89%

Bulls say / Bears say

Raymond James upgraded KKR Real Estate Finance Trust to Strong Buy from Market Perform, highlighting analyst confidence in KREF’s strategic repositioning and dividend coverage (Thomson Reuters​)
KREF and TMG Partners leased the entire 350-380 Ellis office campus in Mountain View, California, to OpenAI in March 2026, securing long‐term income on a Class A asset (Reuters​)
KREF outperformed Wall Street estimates in Q2 2026, reporting an adjusted loss of $0.04 per share versus the consensus $0.08 loss, demonstrating operational resilience (Reuters​)
KREF’s GAAP EPS loss widened to $0.53 per share in Q2 2026, reflecting weakened earnings power in a challenging CRE finance environment (Reuters​)
Revenue fell 25.4% year-over-year to $30.17 million in Q2 2026, signaling top-line contraction and reduced net interest spread (Reuters​)
Distributable loss deepened to $36.4 million ($0.58 per share) in Q2 2026, up from $4.1 million in Q1, straining the trust’s ability to rebuild retained earnings (KKR 8-K​)
Data summarised monthly by Lightyear AI. Last updated on 4 Sept 2026.

Funds containing KREF

Funds
Fund name
Fund size
$KREF weighting
SPDR Russell 2000 US Small Cap€R2US
€4.8B0.01%
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