KREF Liquidity and Portfolio Overview
Differentiated, Conservative Investment Strategy
Lending on institutional quality real estate owned by high-quality sponsors in top markets
Institutional Quality
Commercial Real Estate
Top Markets with
Strong Underlying Fundamentals
Average Loan Size (1)
$124M
Average Occupancy of
Multifamily Loans
91%
% of Portfolio
Multifamily Industrial Loans
55%
*
Construction Loans
12%
Top 15 MSAs
Top 25 MSAs
79%
91%
The data above are based on total assets. Total assets reflect the principal amount of our senior and mezzanine loans
Average loan size is inclusive of the unfunded commitment
Note:
(1)
(2)
LTM as of September 30, 2023
KREF
High-Quality, Experienced &
Well-Capitalized Sponsors
Select Examples:
AUM, Top 10 Publicly Traded
Global Asset Manager
$100B+
Market Capitalization, Top 5
Global Investment Bank
$100B+
息
Units, Top Regional Multifamily
Developer and Operator
15,000+
Repeat Borrowers (2)
67%
13View entire presentation