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KKR Real Estate Finance Trust Inc. — Third Quarter 2026 Earnings Summary

KKR Real Estate Finance Trust Inc. reported a net loss of $6.4 million, or $0.11 per diluted share, for the third quarter ended September 30, 2026, a significant improvement from the $121.8 million loss in the prior quarter. The company recorded a Distributable Loss of $152.0 million, or $2.64 per diluted share, driven primarily by a $155.9 million realized loss on loan write-offs. Despite the losses, the firm maintained a strong liquidity position of $853.5 million and received $1.2 billion in loan repayments during the quarter. The current loan portfolio stands at $3.2 billion with a weighted average unlevered all-in yield of 7.0% and a weighted average loan-to-value ratio of 65%.

Company
KKR REAL ESTATE FINANCE TRUST INC
Sector
Financial Services
Industry
REIT - Mortgage