KKR Real Estate Finance Trust Inc. announced the company in 2018 originated 19 floating-rate senior loans totaling $2.7 billion of commitments, an 84% increase over 2017 loan originations. As of year-end, the outstanding funded portfolio was $4.1 billion, representing a 98% increase in portfolio size since December 31, 2017. KREF closed 7 floating-rate senior loans totaling $908.0 million. The loans have a weighted average appraised loan-to-value (LTV) and coupon of 69.2% and L+3.0%, respectively, and were underwritten to generate a weighted average internal rate of return of 12.1%.