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KKR Real Estate Finance Trust Inc. - KREF STOCK NEWS

Welcome to our dedicated page for KKR Real Estate Finance Trust news (Ticker: KREF), a resource for investors and traders seeking the latest updates and insights on KKR Real Estate Finance Trust stock.

KKR Real Estate Finance Trust Inc. (KREF) is a prominent mortgage real estate investment trust (REIT) dedicated to originating and acquiring senior loans secured by commercial real estate (CRE) assets. This company, headquartered in New York City and founded in 2014, primarily engages in the origination and purchase of credit investments connected to CRE. These investments include both leveraged and unleveraged commercial mortgage loans and commercial mortgage-backed securities (CMBS).

KREF operates under a tax-efficient structure by electing to be taxed as a REIT, thereby avoiding federal corporate income taxes as long as it distributes at least 90% of its taxable income to stockholders. The company's investment strategy is geared towards capital preservation and generating attractive risk-adjusted returns for its investors over the long term, primarily through dividends.

Core Business and Operations

The core business of KKR Real Estate Finance Trust Inc. revolves around senior mortgage loans that are collateralized by high-quality CRE assets. These assets are managed by experienced and well-capitalized sponsors and are located in liquid markets with strong underlying fundamentals. KREF's investment portfolio is strategically curated to ensure stable and lucrative returns.

Recent Achievements and Current Projects

One of the notable recent developments involving KREF is their association with Kasa Living, Inc., a tech-powered hospitality brand. Jonathan Langer, a board member with experience at KKR Real Estate Finance Trust, has joined Kasa's Board of Directors. Kasa Living has recently closed a $70 million Series C fundraise led by Citi Ventures and FirstMark Capital. This collaboration highlights KREF's robust financial strength and strategic partnerships that fuel growth and profitability.

Financial Condition

Amid challenging market conditions, KREF has demonstrated resilience and maintained a strong balance sheet. This financial stability enables the company to continue its investment activities and uphold its commitment to delivering consistent dividends to its stockholders.

Partnerships and Future Prospects

KKR Real Estate Finance Trust Inc. leverages its association with KKR, a global investment firm with expertise across multiple asset classes including private equity, real estate, energy, infrastructure, credit, and hedge funds. This relationship enhances KREF's ability to source and manage high-quality investment opportunities, ensuring long-term value creation for its stakeholders.

Overall, KKR Real Estate Finance Trust Inc. remains a significant player in the real estate finance sector, with a focused strategy on CRE-backed senior loans, a solid financial foundation, and strategic partnerships that position it for sustained growth and success in the competitive investment landscape.

Rhea-AI Summary

KKR Real Estate Finance Trust (KREF) announced it will release its financial results for Q1 2023 on April 24, 2023, after market close. A conference call to discuss these results is scheduled for April 25, 2023, at 10:00 a.m. ET. Participants can access the call by phone or through the KREF Investor Relations website, where a slide presentation will be available. A replay of the call will also be accessible shortly after the live broadcast. KREF specializes in originating and acquiring senior loans secured by commercial real estate. For more information, visit www.kkrreit.com.

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KKR Real Estate Finance Trust Inc. (NYSE: KREF) has declared a $0.43 dividend per share of common stock for Q1 2023. The dividend is set to be paid on April 14, 2023, to shareholders of record as of March 31, 2023. This dividend declaration reflects the company's ongoing commitment to providing returns to its investors, as KREF primarily focuses on originating and acquiring senior loans secured by commercial real estate properties.

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KKR Real Estate Finance Trust Inc. (KREF) announced that CEO Matt Salem will present at the Citi 2023 Global Property CEO Conference on March 7, 2023, at 7:55 AM E.T. A live audio webcast of the presentation will be available on KREF’s Investor Center website. KREF focuses on originating and acquiring senior loans backed by commercial real estate properties and is externally managed by KKR & Co. Inc. For further details about the event and KREF's activities, interested parties can visit KREF's Investor Relations page.

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KKR Real Estate Finance Trust Inc. (NYSE: KREF) announced its fourth quarter and full year 2022 financial results, available on its Investor Relations webpage. A conference call to discuss these results is scheduled for Wednesday, February 8, 2023, at 10:00 a.m. ET. The call can be accessed via phone or streamed online. A slide presentation with supplemental data has also been released. KREF specializes in originating and acquiring senior loans secured by commercial real estate properties, and is managed by KKR & Co. Inc.

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KKR Real Estate Finance Trust Inc. (NYSE: KREF) has announced a dividend of $0.40625 per share on its 6.50% Series A Cumulative Redeemable Preferred Stock, translating to an annual dividend of $1.625. This dividend is set to be distributed on March 15, 2023 to stockholders on record as of February 28, 2023. KREF primarily focuses on originating and acquiring senior loans secured by commercial real estate properties and is managed by KKR & Co. Inc.

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KKR Real Estate Finance Trust Inc. (KREF) has announced the tax treatment of its 2022 common stock and 6.50% Series A Cumulative Redeemable Preferred Stock dividends. The company paid out total dividends of $2.15 per common share, with adjustments reflecting earnings and profits. Notably, dividends included $0.43 per share on four occasions throughout the year, with the last payment made on January 13, 2023. The Series A Preferred Stock dividends totaled $1.63, also distributed quarterly. Shareholders are advised to consult their tax advisors regarding the tax implications of the distributions.

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KKR Real Estate Finance Trust Inc. (NYSE: KREF) announced it will release its financial results for Q4 2022 on February 7, 2023, after market close. A conference call to discuss these results will be held on February 8, 2023, at 10:00 a.m. ET, accessible via phone or online. The company specializes in originating and acquiring senior loans secured by commercial real estate properties and is externally managed by an affiliate of KKR & Co. Inc.

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KKR Real Estate Finance Trust (NYSE: KREF) has declared a quarterly dividend of $0.43 per share, payable on January 13, 2023, to stockholders of record as of December 30, 2022. The company focuses on originating and acquiring senior loans secured by commercial real estate properties and is externally managed by an affiliate of KKR & Co. Inc. This dividend announcement reflects KREF's ongoing commitment to returning value to its shareholders.

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KKR Real Estate Finance Trust (KREF) reported its third-quarter results for 2022, available on its Investor Relations website. A conference call to discuss these results is scheduled for October 25, 2022, at 9:00 a.m. ET. Investors can access the call via phone or through a live internet broadcast. A replay will also be available shortly after the call. KREF focuses on originating and acquiring senior loans backed by commercial real estate properties. For more details, visit KREF's website.

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KKR Real Estate Finance Trust Inc. (KREF) has declared a dividend of $0.40625 per share for its 6.50% Series A Cumulative Redeemable Preferred Stock. This translates to an annual dividend of $1.625 per share, payable on December 15, 2022, to stockholders of record as of November 30, 2022.

KREF specializes in originating and acquiring senior loans secured by commercial real estate properties and is externally managed by an affiliate of KKR & Co. Inc.

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FAQ

What is the current stock price of KKR Real Estate Finance Trust (KREF)?

The current stock price of KKR Real Estate Finance Trust (KREF) is $10.46 as of December 20, 2024.

What is the market cap of KKR Real Estate Finance Trust (KREF)?

The market cap of KKR Real Estate Finance Trust (KREF) is approximately 727.0M.

What does KKR Real Estate Finance Trust Inc. (KREF) specialize in?

KKR Real Estate Finance Trust Inc. specializes in originating and acquiring senior loans secured by commercial real estate (CRE) assets.

When was KKR Real Estate Finance Trust Inc. founded?

KKR Real Estate Finance Trust Inc. was founded in 2014.

Where is KKR Real Estate Finance Trust Inc. headquartered?

KKR Real Estate Finance Trust Inc. is headquartered in New York, New York.

What is the investment strategy of KKR Real Estate Finance Trust Inc.?

The investment strategy focuses on capital preservation and generating attractive risk-adjusted returns primarily through dividends.

How does KKR Real Estate Finance Trust Inc. structure its taxes?

KKR Real Estate Finance Trust Inc. has elected to be taxed as a REIT, which allows it to avoid federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.

What are some recent achievements of KKR Real Estate Finance Trust Inc.?

A notable recent development is their association with Kasa Living, Inc., where a board member from KKR Real Estate Finance Trust joined Kasa's Board of Directors following a significant fundraising round.

How does KKR Real Estate Finance Trust Inc. ensure the quality of its investments?

KKR Real Estate Finance Trust Inc. ensures investment quality by focusing on senior mortgage loans collateralized by institutional-quality CRE assets managed by experienced and well-capitalized sponsors.

What is the relationship between KKR Real Estate Finance Trust Inc. and KKR?

KKR Real Estate Finance Trust Inc. leverages its association with KKR, a global investment firm with expertise in multiple asset classes, to source and manage high-quality investment opportunities.

How does KKR Real Estate Finance Trust Inc. maintain financial stability?

KKR Real Estate Finance Trust Inc. has a robust financial foundation, allowing it to withstand market challenges and continue its investment activities.

What is the primary goal of KKR Real Estate Finance Trust Inc. for its stockholders?

The primary goal is to generate attractive risk-adjusted returns for its stockholders over the long term through dividends.

KKR Real Estate Finance Trust Inc.

NYSE:KREF

KREF Rankings

KREF Stock Data

727.03M
58.48M
1.59%
75.95%
1.72%
REIT - Mortgage
Real Estate Investment Trusts
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United States of America
NEW YORK