Business Context and Reporting Period
Company: KKR Real Estate Finance Trust Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: July 22, 2024
Reporting Period: Quarter ended June 30, 2024
This filing serves as a notification that the Company issued an earnings release and supplemental financial information for the second quarter of 2024. The detailed financial data is contained in Exhibits 99.1 and 99.2, which are incorporated by reference but not deemed "filed" under Section 18 of the Exchange Act.
Key Financial Metrics
The provided text is a cover report and does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are located in the referenced Exhibits 99.1 (Earnings Release) and 99.2 (Supplemental Financial Information).
Material Changes
The filing text does not provide specific details regarding material changes versus the prior comparable period. Investors must refer to the attached earnings release for comparative analysis.
Guidance, Outlook, and Risks
Forward-Looking Statements: The report includes standard disclaimers regarding forward-looking statements, noting they are based on current beliefs and assumptions and are subject to risks and uncertainties. The Company does not undertake an obligation to update these statements except as required by law.
Risk Reference: Detailed factors affecting the Company and its forward-looking statements are referenced 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 Q2 2024 revenue, net income, and AFFO figures.
- Examine Exhibit 99.2 for supplemental data on portfolio performance, leverage ratios, and liquidity positions.
- Verify the Company's current debt maturity profile and interest rate exposure in the supplemental information.
- Check the Form 10-K for the fiscal year ended December 31, 2023, for a comprehensive list of risk factors.
- Confirm the status of the 6.50% Series A Cumulative Redeemable Preferred Stock (KREF PRA) trading on the NYSE.