Business Context and Reporting Period
Company: KKR Real Estate Finance Trust Inc. (KREF)
Filing Type: Form 8-K (Current Report)
Date of Report: October 21, 2024
Reporting Period: Quarter ended September 30, 2024
Business Context: The Company issued an earnings release and supplemental financial information for the third quarter of 2024. This 8-K serves as a notification of the release and incorporates the detailed financial data by reference via Exhibits 99.1 and 99.2.
Key Financial Metrics
The provided text is a cover sheet for the 8-K filing and does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the referenced Exhibits 99.1 (Earnings Release) and 99.2 (Supplemental Financial Information), which are not included in the input text.
Material Changes
The filing text does not provide specific details regarding material changes in financial performance or position compared to prior periods. Investors must refer to the incorporated Exhibits 99.1 and 99.2 for comparative analysis.
Guidance, Outlook, and Risks
Forward-Looking Statements: The report contains forward-looking statements regarding expectations, beliefs, projections, and future strategies. These are based on current assumptions and are subject to change due to various factors.
Disclaimer: The Company does not undertake an obligation to update these statements except as required by law.
Risk Reference: Factors affecting the Company and the forward-looking statements are detailed in the Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and subsequent periodic filings.
Investor Verification Checklist
- Review Exhibit 99.1 (Earnings Release) for specific Q3 2024 revenue, net income, and AFFO figures.
- Examine Exhibit 99.2 (Supplemental Financial Information) for portfolio metrics, leverage ratios, and liquidity details.
- Compare current quarter results against the Q3 2023 period and Q2 2024 period as detailed in the exhibits.
- Verify the status of the 6.50% Series A Cumulative Redeemable Preferred Stock (KREF PRA) and Common Stock (KREF) trading on the NYSE.
- Consult the most recent Form 10-K for updated risk factors referenced in the forward-looking statements.