KREF Liquidity and Portfolio Overview
3Q '23
2Q '23
Portfolio Credit Quality Overview
Collected 96% of interest payments due on loan portfolio
Loan-to-Value(1)(2)
25%
21%
29%
0 - 60%
60 - 65%
65 - 70%
20%
Risk Rating Distribution
Loan
1
62
5
3
Count
5%
0%
<1%
70-75%
75 -80%
1
2
Weighted Average LTV(³): 65%
30%
24%
20%
20%
3
83%
10%
7%
4
Weighted Average Risk Rating (3): 3.2
Loan
Count
2
62
4
84%
3
5
6%
8%
7%
0%
1%
0 - 60%
60-65%
65-70%
70-75%
75 - 80%
1
2
3
4
5
Weighted Average LTV(3): 65%
Weighted Average Risk Rating (3): 3.2
Note:
The charts above are based on percentage of our loan portfolio
(1)
LTV is generally based on the initial loan amount divided by the as-is appraised value as of the date the loan was originated or by the current principal amount as of the date of the most recent as-is appraised
value, except as noted in the footnotes to the "Portfolio Details" Summary in the Appendix
(2)
Includes non-consolidated senior interests and excludes risk-rated 5 loans
(3) Weighted average is weighted by current principal amount
KREF
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