KKR Real Estate Finance Trust Inc. (KREF)
KKR Real Estate Finance Trust Inc. operates in the REIT - Mortgage industry of the Real Estate sector, headquartered in New York City, NY, US. The stock last traded at $7.67, up 1.32% on the session, giving a market capitalisation of $493.2M. On trailing twelve-month figures it carries a trailing P/E of -2.34, a net margin of -44.7%. Its beta of 0.87 implies it has historically moved less than the broad market.
KKR Real Estate Finance Trust Inc. (KREF) operates as a mortgage real estate investment trust (REIT), primarily focused on originating and acquiring first-lien debt secured by commercial properties. Its investment strategy includes a range of commercial real estate credit products, such as both leveraged and unleveraged commercial mortgage loans, as well as commercial mortgage-backed securities (CMBS). As an elected REIT, the company is exempt from federal corporate income tax, provided it distributes a minimum of 90% of its taxable income to its shareholders. KREF was established in 2014 and maintains its corporate headquarters in New York, New York.
KKR Real Estate Finance Trust Inc. is most often compared with the following Real Estate names: