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 "markdown": "KKR Real Estate Finance Trust Inc. Overview\n\n\n<table>\n<tr><td colspan=\"2\">Loan Portfolio</td><td>Conservative Balance Sheet</td><td colspan=\"2\">KREF's Manager Fully<br>Integrated with KKR</td></tr>\n<tr><td colspan=\"2\">$4.5 B</td><td>$7.0 B</td><td colspan=\"2\">17%</td></tr>\n<tr><td colspan=\"2\">Loan Portfolio</td><td>Financing Capacity</td><td colspan=\"2\">KKR Ownership in KREF</td></tr>\n<tr><td>100%<br>Senior Loans</td><td>60%<br>Multifamily &amp;<br>Industrial</td><td>79%<br>Fully Non-Mark-to-Market<sup>(2)</sup></td><td colspan=\"2\">$758 B<br>Global AUM<sup>(4)</sup></td></tr>\n<tr><td>$101 M<br>Average<br>Loan Size<sup>(1)</sup></td><td>11%<br>European Loan<br>Exposure</td><td>$722 M<br>Current Liquidity<sup>(3)</sup></td><td>$84 B<br>Real Estate<br>AUM<sup>(4)(5)</sup></td><td>~120<br>Real Estate<br>Professionals</td></tr>\n<tr><td colspan=\"2\">Senior loans secured primarily by<br>transitional, institutional<br>multifamily and industrial<br>properties owned by<br>high quality sponsors</td><td>Conservative liability management<br>focused on<br>diversified non-mark-to-market<br>financing</td><td colspan=\"2\">One firm culture that rewards<br>investment discipline, creativity and<br>determination and emphasizes the<br>sharing of information, resources,<br>expertise and best practices</td></tr>\n</table>\n\n(1) Average loan size is inclusive of KREF's unfunded commitment. The whole loan average size is $166 million\n(2) Based on outstanding principal amount of secured financing. The remaining is subject to credit marks only\n(3) Includes $83 million of cash, $350 million of undrawn corporate revolver capacity, $255 million of loan principal repayments held by a servicer and $34 million of available borrowings based\non existing collateral\n(4) As of March 31, 2026\n(5) Figures represent AUM across all KKR real estate transactions\n\n\nKREF\n\n\n3\n\n<!-- doc_id=parse-01m38pkvjc97m7tz5bacxganxa -->",
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