Long Pond Capital Acquires 8.92% Stake in KKR Real Estate Finance Trust Inc. (KREF)

On May 14, 2026, Long Pond Capital, LP, along with its general partner Long Pond Capital GP, LLC and principal John Khoury, filed a Schedule 13G disclosing a new significant position in KKR Real Estate Finance Trust Inc. (KREF). As of the event date on March 31, 2026, the reporting persons beneficially own 5,733,513 shares of common stock, representing an 8.92% ownership stake in the company. This filing marks a substantial increase from a previous 0% holding, establishing Long Pond Capital as a major institutional shareholder. The shares are held with shared voting and dispositive power across the reporting entities. The filing indicates that the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. Long Pond Capital, LP operates as an investment adviser, while John Khoury is a Canadian citizen and the principal of the firm. The issuer is headquartered in New York, NY.