v3.26.1
Secured Term Loan, Net (Tables)
6 Months Ended
Jun. 30, 2026
Secured Term Loan, Net [Abstract]  
Schedule of Secured Term Loan
The following table summarizes KREF’s secured term loan as of June 30, 2026 and December 31, 2025, respectively:

June 30, 2026December 31, 2025
Principal$643,500 $646,750 
Deferred financing costs(10,514)(11,448)
Unamortized discount(2,562)(2,786)
Carrying value$630,424 $632,516