KKR Real Estate Finance Trust Inc. (KREF) Form 8-K — Oct 28, 2026
KKR Real Estate Finance Trust reported a Q3 2026 net loss attributable to common stockholders of $6.4 million, or $0.11 per diluted share, but a far larger Distributable Loss of $152.0 million, or $2.64 per share, driven by $155.9 million of realized loan write-offs. The quarter also showed balance-sheet strengthening: $1.2 billion of loan repayments were received ($2.4 billion year-to-date), liquidity rose to $853.5 million, leverage fell to 3.1x, and both outstanding CLOs were redeemed. The company resolved three watch list loans and repurchased 1.6 million shares at an average $7.26 in July.
Key figures
- Cash
- 165900000
- Liquidity
- 853500000
- Total assets
- 5190604000
- Total equity
- 971900000
- Loan portfolio
- 3200000000
- Total leverage
- 3.1x
- Originations q3
- 157000000
- Total liabilities
- 4218703000
- Dividend per share
- 0.1
- Financing capacity
- 5500000000
- Q3 loan repayments
- 1200000000
- Shares repurchased
- 1600000
- Ytd loan repayments
- 2400000000
- Avg repurchase price
- 7.26
- Book value per share
- 10.14
- Share repurchases july
- 11300000
- Weighted avg ltv at origination
- 65%
- Net unrealized realized loan losses
- 6605000
- Weighted avg unlevered all in yield
- 7.0%
AI analysis
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