Business Context and Reporting Period
Company: KKR Real Estate Finance Trust Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: April 26, 2021
Reporting Period: Quarter ended March 31, 2021
This filing serves as a notification that the Company issued an earnings release and supplemental financial information for the first quarter of 2021. 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 document for the earnings release and does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Investors must refer to the attached Exhibits 99.1 and 99.2 for these figures.
Material Changes
The filing text does not provide specific details regarding material changes in financial condition or operations compared to the prior period. Such analysis is contained within the referenced earnings release.
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, 2020.
Investor Verification Checklist
- Review Exhibit 99.1 (Earnings Release) for specific Q1 2021 financial results, including net income and funds from operations (FFO).
- Review Exhibit 99.2 (Supplemental Financial Information) for detailed portfolio metrics, leverage ratios, and liquidity positions.
- Verify the status of the 6.50% Series A Cumulative Redeemable Preferred Stock (Symbol: KREF PRA) and Common Stock (Symbol: KREF) as listed on the NYSE.
- Consult the 2020 Form 10-K for a comprehensive list of risk factors referenced in this filing.