KKR Real Estate Finance Trust Inc. (NYSE: KREF) reported a net loss attributable to common stockholders of $6.4 million, or $0.11 per diluted share, for the third quarter ended September 30, 2026. The company reported a net loss of $121.8 million, or $1.95 per diluted share, in the prior quarter.
KREF reported $853.5 million of liquidity as of September 30 and received $1.2 billion in loan repayments during the quarter.
- Distributable loss was $152.0 million, or $2.64 per diluted share.
- The company originated $157.0 million and funded $137.5 million across two floating-rate senior loans.
- Year-to-date loan repayments totaled $2.4 billion.
- The loan portfolio was $3.2 billion, with 98% floating-rate and a 7.0% weighted average unlevered all-in yield.
- Common book value was $582.5 million, or $10.14 per share, at September 30.
- KREF repurchased 1.6 million shares in July at an average price of $7.26 per share, totaling $11.3 million.
