NEW YORK (AP) — NEW YORK (AP) — KKR Real Estate Finance Trust Inc. (KREF) on Tuesday reported a loss of $26.2 million in its fourth quarter.
The New York-based company said it had a loss of 49 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 22 cents per share.
The real estate finance company posted revenue of $101.3 million in the period. Its adjusted revenue was $25.8 million.
For the year, the company reported a loss of $47.1 million, or $1.05 per share. Revenue was reported as $112.6 million.
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