KT

KKR Real Estate Finance Trust

KREF
NYSEFinancials
$7.23
USD
+0.12(+1.69%)
At close: Jun 12, 20:00 UTC

Open

$7.24

Prev. Close

$7.24

High

$7.26

Low

$7.24

Market Snapshot

Market Cap

$464.71M

P/E Ratio

-3.8

EPS

0.18

Revenue

$181.22M

About

KKR Real Estate Finance Trust, Inc. engages in originating and acquiring transitional senior loans secured by commercial real estate assets. The company is headquartered in New York City, New York. The company went IPO on 2017-05-05. The firm primarily originates or acquires transitional senior loans collateralized by institutional-quality commercial real estate (CRE) assets that are owned and operated by sponsors and located in liquid markets with underlying fundamentals. The firm's target assets also include mezzanine loans, preferred equity and other debt-oriented instruments with these characteristics. The firm's investment objective is capital preservation and the generation of attractive risk-adjusted returns for its stockholders over the long term, primarily through dividends. Its portfolio of diversified investments consists of performing senior and mezzanine loans. The company focuses on originating and acquiring senior loans that are secured by CRE properties and evidenced by a first-priority mortgage. The firm is externally managed by KKR Real Estate Finance Manager LLC, an indirect wholly owned subsidiary of KKR & Co. Inc.

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