KKR Real Estate Finance: High Yield, But Underlying Credit Profile Warrants Caution (KREF)
· seekingalpha.com
KREF faces losses, NAV declines, and a dividend cut; KREF.PR.A yields ~9% but carries elevated CRE/coverage risk. Click to read more.
KKR Real Estate Finance Trust ( KREF ) has only one series of listed preferred stock, Series A ( KREF.PR.A ). The company has been struggling for quite some tim...