Kkr Real Estate Stock Price, News & Analysis

KKR Real Estate Finance Trust Inc. (KREF) announced the pricing of a public offering of 6,000,000 shares of common stock, with a 30-day option for underwriters to purchase an additional 900,000 shares. Estimated gross proceeds are around $125 million, or $143.7 million if the option is fully exercised. The offering is expected to close on March 7, 2022. KREF will use the net proceeds to acquire assets aligned with its investment strategies and for general corporate purposes.

KKR Real Estate Finance Trust Inc. (NYSE: KREF) has announced an underwritten public offering of 6,000,000 shares of its common stock, with an option for underwriters to purchase an additional 900,000 shares. The proceeds will be utilized for acquiring target assets aligned with its investment strategies and for general corporate purposes. The offering's registration has been declared effective by the SEC, and major financial institutions including Morgan Stanley, Wells Fargo, and Goldman Sachs are involved as book-running managers.

KKR Real Estate Finance Trust Inc. (KREF) announced that CEO Matt Salem will present at the Citi 2022 Global Property CEO Conference on March 7, 2022, at 9:45 AM E.T. Investors can access a live audio webcast of the presentation on KREF’s Investor Center website. KREF specializes in originating and acquiring senior loans secured by commercial real estate properties and is externally managed by an affiliate of KKR & Co. Inc. For more details, visit www.kkrreit.com.

KKR Real Estate Finance Trust Inc. (KREF) has successfully closed the KREF 2022-FL3, a $1.0 billion Commercial Real Estate Collateralized Loan Obligation (CLO), on February 10, 2022. This CLO finances two mortgage loans and 14 participation interests in KREF's multifamily loan portfolio, providing non-recourse financing with a weighted average cost of capital of one-month Term SOFR + 1.71%. Patrick Mattson, COO, highlighted that this marks KREF's third CLO issuance, indicating strong market presence.

KKR Real Estate Finance Trust Inc. (NYSE: KREF) reported its fourth quarter and full year 2021 results, available on their investor relations site. A conference call to discuss these results is scheduled for February 9, 2022, at 11:00 a.m. ET. Participants can join via phone or listen online. A replay will be available shortly after the live broadcast. KREF focuses on 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. (NYSE: KREF) announced the election of Matthew Salem as a director effective February 1, 2022, while he continues as Chief Executive Officer. Ralph Rosenberg, Chairman of the Board, expressed confidence in Salem's leadership, noting his significant contributions since KREF's inception. With a background as a managing director at Rialto Capital and roles at Goldman Sachs, Salem brings extensive experience in real estate finance. KREF specializes in originating and acquiring senior loans secured by commercial real estate.

KKR Real Estate Finance Trust Inc. (KREF) has declared a dividend of $0.40625 per share on its 6.50% Series A Cumulative Redeemable Preferred Stock, translating to an annual dividend of $1.625. This dividend will be payable on March 15, 2022 to stockholders of record as of February 28, 2022. KREF specializes in originating and acquiring senior loans secured by commercial real estate properties, managed by KKR & Co. Inc.

KKR Real Estate Finance Trust announced the tax treatment of its 2021 dividends. For the tax year ending December 31, 2021, the total cash distribution was $2.15, with ordinary dividends amounting to $1.52. Shareholders received $0.43 per share on four occasions: January 14, April 15, July 15, and October 15, 2021. Shareholders should consult tax advisors regarding their specific dividend tax treatment, particularly concerning qualified REIT dividends eligible for a 20% deduction under IRC Section 199A.

KKR Real Estate Finance Trust Inc. (KREF) has announced a change in the timing of its fourth quarter and full year 2021 results conference call. The call is now scheduled for 11:00 a.m. E.T. on February 9, 2022, shifting from its previous time of 9:00 a.m. E.T.. This adjustment aims to reduce conflicts for analysts. The call can be accessed via phone or live streamed on KREF's Investor Relations website. A replay will also be available shortly after the broadcast.