KKR Real Estate Finance Trust (KREF) Land & Improvements (2022 - 2026)
KKR Real Estate Finance Trust (KREF) posted Land & Improvements of $11.3 million for Q2 2026, up 2.55% on a QoQ basis from $11.0 million in Q1 2026, and up 5.68% year-over-year from $10.7 million in Q2 2025.
KKR Real Estate Finance Trust (KREF) Land & Improvements (2022 - 2026) Analysis & Trends
KKR Real Estate Finance Trust's Land & Improvements history runs 5 years deep, the most recent figure standing at $11.3 million for Q2 2026.
- Quarterly Land & Improvements rose 5.68% year-over-year to $11.3 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $11.3 million (up 5.68% YoY) and the FY2025 annual result came in at $10.9 million, up 14.04% from the prior year.
- Land & Improvements was $11.3 million for Q2 2026 at KKR Real Estate Finance Trust, up from $11.0 million in the prior quarter.
- Across five years, Land & Improvements topped out at $11.3 million in Q2 2026 and bottomed at $599000.0 in Q2 2022.
- A 5-year average of $6.6 million and a median of $8.7 million in 2024 frame the typical range for Land & Improvements.
- Annual changes were most pronounced in 2023 — Land & Improvements jumped 373.46% — and 2026, when it advanced 1.95%.
- KKR Real Estate Finance Trust's Land & Improvements stood at $1.7 million in 2022, then surged by 111.91% to $3.5 million in 2023, then surged by 172.17% to $9.6 million in 2024, then advanced by 14.04% to $10.9 million in 2025, then increased by 3.45% to $11.3 million in 2026.
- Business Quant data shows KREF's Land & Improvements at $11.3 million in Q2 2026, $11.0 million in Q1 2026, and $10.9 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Land & Improvements (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | - |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 1.74 Bn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | - |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | - |
| 10 | KKR Real Estate Finance Trust | 446.61 Mn | 422.08 Mn | - | 11.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.31 Mn |
| Mar 31, 2026 | 11.03 Mn |
| Dec 31, 2025 | 10.93 Mn |
| Sep 30, 2025 | 10.73 Mn |
| Jun 30, 2025 | 10.70 Mn |
| Mar 31, 2025 | 10.82 Mn |
| Dec 31, 2024 | 9.59 Mn |
| Sep 30, 2024 | 9.14 Mn |
| Jun 30, 2024 | 8.69 Mn |
| Mar 31, 2024 | 4.10 Mn |
| Dec 31, 2023 | 3.52 Mn |
| Sep 30, 2023 | 3.05 Mn |
| Jun 30, 2023 | 2.84 Mn |
| Mar 31, 2023 | 2.53 Mn |
| Dec 31, 2022 | 1.66 Mn |
| Sep 30, 2022 | 1.12 Mn |
| Jun 30, 2022 | 599,000.00 |