v3.26.3
Secured Term Loan, Net (Tables)
9 Months Ended
Sep. 30, 2026
Secured Term Loan, Net [Abstract]  
Schedule of Secured Term Loan
The following table summarizes KREF’s secured term loan as of September 30, 2026 and December 31, 2025, respectively:

September 30, 2026December 31, 2025
Principal$641,875 $646,750 
Deferred financing costs(10,258)(11,448)
Unamortized discount(2,449)(2,786)
Carrying value$629,168 $632,516