KKR Real Estate Finance Trust (US:KREF)2022-05-26 17:36Portfolio Overview - KREF's investment portfolio is valued at $73 billion, with 75% allocated to multifamily and office properties[6] - The portfolio consists of 99% senior loans[6] - The average loan size is $129 million[6] - The portfolio is 100% performing[6] Financial Highlights - KREF has $80 billion in financing capacity, with 79% being fully non-mark-to-market[6] - The company's current liquidity stands at $759 million, including $173 million in cash and $520 million undrawn corporate revolver capacity[6] KKR Integration - KREF benefits from its integration with KKR, which has $479 billion in global AUM[6, 10] - KKR has $59 billion in real estate AUM and over 150 real estate professionals[6, 10] - KKR has a 21% ownership stake in KREF[6] Loan Portfolio Composition - Multifamily loans make up 48% of the loan portfolio, while office loans account for 27%[26] - 87% of the loan portfolio is indexed to LIBOR, and 13% is indexed to SOFR[26]