KKR Real Estate Finance Trust Inc.
KKR Real Estate Finance Trust Inc. (NYSE: KREF) is a real estate finance company that primarily originates and acquires transitional senior loans secured by institutional-quality commercial real estate owned and operated by experienced sponsors. Its other target investments include mezzanine loans, preferred equity,… From the company’s description.
In fiscal 2025, KKR Real Estate Finance Trust Inc. reported a net loss of $50.49M. Operations generated $72.28M in cash.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What KKR Real Estate Finance Trust Inc. does
In the company’s own words
KKR Real Estate Finance Trust Inc. (NYSE: KREF) is a real estate finance company that primarily originates and acquires transitional senior loans secured by institutional-quality commercial real estate owned and operated by experienced sponsors. Its other target investments include mezzanine loans, preferred equity, commercial mortgage-backed securities B-pieces and other real estate debt instruments. KREF lends to property owners and sponsors across commercial real estate markets, with its portfolio focused mainly on performing senior loans. The company operates through subsidiaries as a single business segment that originates, acquires and finances real estate debt investments, and is externally managed by an indirect KKR subsidiary. As of December 31, 2025, its investment portfolio totaled $5.9 billion, including $5.4 billion in outstanding senior commercial real estate loan principal. KREF began investment operations in 2014 with an initial commitment from KKR, raised additional capital from third-party investors and KKR-related participants, and completed its initial public offering in 2017. Its website is www.kkrreit.com.
Company details
- Sector
- Financials
- Industry (SIC)
- REITs
- Headquarters
- NEW YORK, NY
- Fiscal year end
- December
- CIK
- 1631596
- SIC
- 6798
Financial performance, year by year
Fiscal 2017–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns KKR Real Estate Finance Trust Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · KKR Real Estate Finance Trust Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do KKR Real Estate Finance Trust Inc. and its peers compare on margins and cash generation over ten years?”
- “Where did five years of KKR Real Estate Finance Trust Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in KKR Real Estate Finance Trust Inc.'s last four quarterly filings that the numbers alone won't show?”