realestate

KKR Yields 12%, MREITs Still Value Destroyers (NYSE:KREF)

KKR Real Estate Finance Trust Q3 shows portfolio challenges; life sciences exposure remains risky. Read my KREF update.

A
nalyst Disclosure: I hold no shares, options, or derivatives in any companies cited and will not take such positions in the next 72 hours. This piece reflects my personal views; I receive no payment beyond Seeking Alpha. I have no business ties to any firm referenced. Seeking Alpha Disclaimer: Past results do not predict future performance. No investment advice or recommendation is offered. The opinions here may differ from Seeking Alpha’s stance. Seeking Alpha is not a licensed securities dealer, broker, or U.S. investment adviser. Its analysts are independent contributors, some licensed, some not.

KKR yields 12% while MREITs continue destroying value on NYSE.