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.
KKR Real Estate Finance Trust Inc. (KREF) has released its first quarter 2022 financial results, now available on their Investor Relations website. A conference call to discuss these results is scheduled for April 26, 2022, at 10:00 a.m. ET, accessible via phone or live internet broadcast. Additional information, including a supplemental slide presentation, is also posted online. KREF focuses on originating and acquiring senior loans secured by commercial real estate properties.
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, amounting to an annual dividend of $1.625 per share. This dividend is set to be paid on June 15, 2022 to stockholders on record as of May 31, 2022. KREF focuses on originating and acquiring senior loans secured by commercial real estate, and is externally managed by KKR & Co. Inc.
KKR Real Estate Finance Trust Inc. (KREF) plans to release its financial results for Q1 2022 on April 25, 2022, after market close. A conference call to discuss the results is scheduled for April 26, 2022, at 10:00 a.m. ET. Investors can participate via phone or listen to a live broadcast on the company’s website. A replay of the call will be available shortly after its conclusion. KREF primarily focuses on originating and acquiring senior loans secured by commercial real estate properties.
KKR Real Estate Finance Trust Inc. (KREF) has announced the tax treatment for its 2021 Series A Cumulative Redeemable Preferred Stock dividends. The dividends for the year totaled $1.078816 per share, with ordinary dividends of $1.069301 per share, consisting of qualified dividends eligible for tax deductions. Shareholders are advised to consult their tax professionals regarding specific dividend tax treatments. The payment dates ranged from June 15 to December 15, 2021, impacting shareholder income positively.
KKR Real Estate Finance Trust Inc. (KREF) declared a dividend of $0.43 per share for Q1 2022. The dividend is set to be paid on April 15, 2022, to stockholders of record as of March 31, 2022. KREF 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 is significant for investors seeking income from their investments.
KKR Real Estate Finance Trust Inc. (KREF) announced the pricing of a public offering of 6,000,000 shares of common stock, with a 30-day option for underwriters to purchase an additional 900,000 shares. Estimated gross proceeds are around
KKR Real Estate Finance Trust Inc. (NYSE: KREF) has announced an underwritten public offering of 6,000,000 shares of its common stock, with an option for underwriters to purchase an additional 900,000 shares. The proceeds will be utilized for acquiring target assets aligned with its investment strategies and for general corporate purposes. The offering's registration has been declared effective by the SEC, and major financial institutions including Morgan Stanley, Wells Fargo, and Goldman Sachs are involved as book-running managers.
KKR Real Estate Finance Trust Inc. (KREF) announced that CEO Matt Salem will present at the Citi 2022 Global Property CEO Conference on March 7, 2022, at 9:45 AM E.T. Investors can access a live audio webcast of the presentation on KREF’s Investor Center website. 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. For more details, visit www.kkrreit.com.
KKR Real Estate Finance Trust Inc. (KREF) has successfully closed the KREF 2022-FL3, a $1.0 billion Commercial Real Estate Collateralized Loan Obligation (CLO), on February 10, 2022. This CLO finances two mortgage loans and 14 participation interests in KREF's multifamily loan portfolio, providing non-recourse financing with a weighted average cost of capital of one-month Term SOFR + 1.71%. Patrick Mattson, COO, highlighted that this marks KREF's third CLO issuance, indicating strong market presence.
KKR Real Estate Finance Trust Inc. (NYSE: KREF) reported its fourth quarter and full year 2021 results, available on their investor relations site. A conference call to discuss these results is scheduled for February 9, 2022, at 11:00 a.m. ET. Participants can join via phone or listen online. A replay will be available shortly after the live broadcast. KREF focuses on senior loans secured by commercial real estate properties and is externally managed by an affiliate of KKR & Co. Inc.
FAQ
What is the current stock price of KKR Real Estate Finance Trust (KREF)?
What is the market cap of KKR Real Estate Finance Trust (KREF)?
What does KKR Real Estate Finance Trust Inc. (KREF) specialize in?
When was KKR Real Estate Finance Trust Inc. founded?
Where is KKR Real Estate Finance Trust Inc. headquartered?
What is the investment strategy of KKR Real Estate Finance Trust Inc.?
How does KKR Real Estate Finance Trust Inc. structure its taxes?
What are some recent achievements of KKR Real Estate Finance Trust Inc.?
How does KKR Real Estate Finance Trust Inc. ensure the quality of its investments?
What is the relationship between KKR Real Estate Finance Trust Inc. and KKR?
How does KKR Real Estate Finance Trust Inc. maintain financial stability?
What is the primary goal of KKR Real Estate Finance Trust Inc. for its stockholders?
