KKR Real Estate Finance Trust KREF
NYSE KREF
$7.47 -0.18 (-2.29%)
As of: Sep 8, 2026 · 3:59 PM EDT

KKR Real Estate Finance Trust (KREF) Land & Improvements (2022 - 2026)

KKR Real Estate Finance Trust's (KREF) quarterly Land & Improvements came in at $11.3 million in Q2 2026, up 5.68% on a YoY basis from $10.7 million in Q2 2025, and up 2.55% quarter-over-quarter from $11.0 million in Q1 2026.

Analysis

KKR Real Estate Finance Trust (KREF) Land & Improvements (2022 - 2026) Analysis & Trends

KKR Real Estate Finance Trust (KREF) has reported Land & Improvements for 5 consecutive years, with $11.3 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Land & Improvements rose 5.68% year-over-year to $11.3 million; the trailing twelve-month figure through Jun 2026 stood at $11.3 million (up 5.68% YoY), and the FY2025 full-year result was $10.9 million, up 14.04% from the prior year.
  • Land & Improvements advanced to $11.3 million in Q2 2026 per KREF's latest filing, 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.
  • Historically, Land & Improvements has averaged $6.6 million across 5 years, with a median of $8.7 million in 2024.
  • The sharpest annual moves came in 2023 and 2026: Land & Improvements surged 373.46% in 2023, then rose 1.95% in 2026.
  • Over 5 years, 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.
  • According to Business Quant data, Land & Improvements over the past three periods registered $11.3 million, $11.0 million, and $10.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Land & Improvements (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - -
2 AGNC Investment 12.43 Bn 11.10 Bn - -
3 Starwood Property Trust 5.84 Bn 3.67 Bn - -
4 Rithm Capital 5.57 Bn 5.57 Bn - 1.74 Bn
5 Dynex Capital 2.88 Bn 2.27 Bn - -
6 Two Harbors Investment 2.65 Bn 2.01 Bn - -
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - -
8 Armour Residential REIT 2.11 Bn 2.02 Bn - -
9 Ellington Financial 1.71 Bn 1.46 Bn - -
10 KKR Real Estate Finance Trust 468.79 Mn 385.73 Mn - 11.31 Mn
Historic Data

Historic Data

Download Data
DateValue
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