KKR Real Estate Finance Trust (KREF) Other Real Estate Owned (2021 - 2026)
KKR Real Estate Finance Trust's Other Real Estate Owned came in at $368.13 million for Q3 2026, up 8.6% from $338.94 million a year earlier and up 2.1% from the prior quarter.
KKR Real Estate Finance Trust (KREF) Other Real Estate Owned (2021 - 2026) Analysis & Trends
At the end of FY2025, KKR Real Estate Finance Trust's Other Real Estate Owned was $338.6 million, up 29.0% from FY2024.
- Other Real Estate Owned has increased in each of the last four years, with a four-year compound annual growth rate of 44.1% (FY2021 to FY2025).
- Going back by year, Other Real Estate Owned was $262.48 million in FY2024 (+219.7%), $82.09 million in FY2023 (+2.3%), $80.23 million in FY2022 (+2.1%) and $78.57 million in FY2021.
- The Q3 2026 figure represents the highest quarterly Other Real Estate Owned in data going back to Q4 2021.
- Year-over-year, Other Real Estate Owned has increased for five consecutive quarters, with growth averaging 71.5% over the last eight quarters.
- The fastest year-over-year change in Other Real Estate Owned over five years came in Q2 2024 (growth of 222.2%), and the weakest in Q2 2025 (a decline of 1.3%).
- Business Quant data shows KREF's Other Real Estate Owned at $360.43 million (Q2 2026), $340 million (Q1 2026) and $338.6 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - |
| 10 | KKR Real Estate Finance Trust | 308.52 Mn | -98.81 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 368.13 Mn |
| Jun 30, 2026 | 360.43 Mn |
| Mar 31, 2026 | 340.00 Mn |
| Dec 31, 2025 | 338.60 Mn |
| Sep 30, 2025 | 338.94 Mn |
| Jun 30, 2025 | 258.83 Mn |
| Mar 31, 2025 | 263.27 Mn |
| Dec 31, 2024 | 262.48 Mn |
| Sep 30, 2024 | 262.27 Mn |
| Jun 30, 2024 | 262.25 Mn |
| Mar 31, 2024 | 82.67 Mn |
| Dec 31, 2023 | 82.09 Mn |
| Sep 30, 2023 | 81.62 Mn |
| Jun 30, 2023 | 81.41 Mn |
| Mar 31, 2023 | 81.10 Mn |
| Dec 31, 2022 | 80.23 Mn |
| Sep 30, 2022 | 79.69 Mn |
| Jun 30, 2022 | 79.17 Mn |
| Mar 31, 2022 | 78.57 Mn |
| Dec 31, 2021 | 78.57 Mn |
KKR Real Estate Finance Trust Other Real Estate Owned API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-real-estate-owned&ticker=KREF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-real-estate-owned", "ticker": "KREF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-real-estate-owned&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();