Welcome to our dedicated page for Kkr Real Estate news (Ticker: KREF), a resource for investors and traders seeking the latest updates and insights on Kkr Real Estate stock.
KKR Real Estate Finance Trust Inc. reports developments tied to its commercial real estate finance business, including quarterly financial results, supplemental operating information and capital-return actions. The company focuses on originating and acquiring senior mortgage loans secured by commercial real estate assets, with emphasis on institutional-quality properties, experienced sponsors and liquid markets.
KREF news also covers common stock dividends, dividends on its 6.50% Series A Cumulative Redeemable Preferred Stock, annual tax treatment of distributions and property-level updates involving assets owned by KREF and KKR-advised capital accounts, such as office-campus leasing activity.
Urban Renaissance Group has partnered with KKR Real Estate Finance Trust Inc. (KREF) to revitalize the Lloyd Center in Portland. This initiative continues to honor its 1960 traditions while engaging local community feedback for future investments. URG, known for significant projects like the $28 million renovation of the former Oregonian headquarters, aims to enhance the property’s status as a community hub. The Lloyd Center currently operates with around 100 businesses and remains a popular destination for shopping and recreational activities.
KKR Real Estate Finance Trust Inc. (NYSE: KREF) has declared a $0.43 dividend per common share for the fourth quarter of 2021. This dividend will be payable on January 14, 2022 to stockholders of record as of December 31, 2021. KREF focuses on originating and acquiring senior loans secured by commercial real estate properties and is externally managed by an affiliate of KKR & Co. Inc.
KKR Real Estate Finance Trust Inc. (KREF) has successfully closed a repricing of its existing Term Loan B, totaling $298 million, and an additional $52 million, resulting in a new Term Loan B of $350 million due in 2027. This new loan carries an interest rate of LIBOR plus 350 basis points, a reduction of 125 basis points from the previous loan. KREF aims to use the net proceeds for general corporate purposes, effectively lowering its cost of capital by 175 bps, as stated by President Patrick Mattson.
KKR Real Estate Finance Trust Inc. (KREF) has priced a public offering of 5,000,000 shares of its common stock, with total gross proceeds estimated at $110 million, potentially rising to $126.5 million if underwriters exercise their option for an additional 750,000 shares. The offering is set to close on November 1, 2021 and proceeds will be used to acquire assets and for general corporate purposes. Major banks like Morgan Stanley and Wells Fargo are acting as joint book-running managers.
KKR Real Estate Finance Trust Inc. (NYSE:KREF) announced its agreement to issue and sell 5 million shares of common stock, with an additional option of 750,000 shares for underwriters. The net proceeds will be used for asset acquisitions aligned with its investment strategies and general corporate purposes. The offering is managed by leading financial firms, including Morgan Stanley and Goldman Sachs. Registration statements are effective with the SEC. This release doesn't constitute a sale offer in jurisdictions where it's unlawful.
KKR Real Estate Finance Trust Inc. (KREF) reported its Q3 2021 financial results, which are available on its Investor Relations website. A conference call to discuss these results is scheduled for October 26, 2021, at 9:00 a.m. ET, accessible via phone or online. A replay will be available shortly after the call. KREF primarily focuses on originating and acquiring senior loans secured by commercial real estate properties and is managed by an affiliate of KKR & Co. Inc.
KKR Real Estate Finance Trust Inc. (KREF) announced a dividend of $0.35208 per share for its 6.50% Series A Cumulative Redeemable Preferred Stock, totaling an annual dividend of $1.625. This dividend is set to be paid on December 15, 2021, to stockholders recorded by November 30, 2021. KREF specializes in originating and acquiring senior loans secured by commercial real estate properties and is managed by an affiliate of KKR & Co. Inc.
KKR Real Estate Finance Trust Inc. (NYSE: KREF) announced that President and COO Patrick Mattson will participate in a panel discussion during the Moody's Banking Series 2021. The event is scheduled for October 27, 2021, at 1:00 PM ET. A live audio webcast will be accessible through KREF's Investor Center, with a replay available after the event for those unable to attend live.
KREF specializes in originating and acquiring senior loans secured by commercial real estate properties and is externally managed by an affiliate of KKR & Co.
KKR Real Estate Finance Trust Inc. (KREF) will release its Q3 2021 financial results on October 25, 2021, after market close. A conference call to discuss the results is scheduled for October 26, 2021, at 9:00 a.m. ET, accessible via phone and online. Interested parties can listen to a replay of the call later. KREF focuses on originating and acquiring senior loans secured by commercial real estate, and is managed by an affiliate of KKR & Co. Inc.
KKR Real Estate Finance Trust Inc. (NYSE: KREF) announced that CEO Matt Salem will participate in a panel discussion at the KBW Virtual CRE Day on Wednesday, September 29, 2021, at 10:15 AM ET. The event will be accessible via a live audio webcast on KREF's Investor Center webpage. A replay will be available shortly after the live presentation for those unable to attend. KREF specializes in originating and acquiring senior loans secured by commercial real estate properties and is managed by an affiliate of KKR & Co. Inc.