MetaCap

Apartment Investment and Management (AIV) vs KKR Real Estate Finance (KREF)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

KKR Real Estate Finance (KREF) has outperformed Apartment Investment and Management (AIV) over the past year, losing 27.8% versus a loss of 77.0%. Over five years, KREF leads with a -71.7% price change compared with -76.4% for AIV. KKR Real Estate Finance is the larger company by market cap ($364.9 million vs $271.5 million), about 1.3 times the size.

KKR Real Estate Finance pays a dividend yielding 13.64%, while Apartment Investment and Management does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

AIV-76.99%KREF-27.81%
+8%-37%-81%
Oct 7, 20251 yearOct 7, 2026
AIV-75.35%KREF-71.28%
+40%-20%-81%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

AIV versus KREF key metrics
MetricAIVKREF
Share price$1.76$6.23
Market cap$271.52M$364.94M
1-day change-5.88%-0.48%
YTD return-70.37%-24.21%
1-year return-76.99%-27.81%
5-year return-76.38%-71.68%
P/E ratio (TTM)9.78—
Forward P/E—178.00
EPS (TTM)$0.18$-3.24
Dividend yield0.00%13.64%
Annual dividend$0.00$0.85
52-week high$8.01$9.11
52-week low$1.76$5.25
Distance from 52-week high-78.03%-31.58%
Analyst consensus—buy
Avg. price target upside—+24.40%
Average volume1.44M937.30K
Shares outstanding145.24M58.58M
Employees50—
SectorReal EstateReal Estate
IndustryREIT - ResidentialREIT - Mortgage

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • KREF has outperformed AIV by 49.2 percentage points over the past year.
  • KKR Real Estate Finance offers a meaningfully higher dividend yield (13.64% vs 0.00%).

About Apartment Investment and Management

AIV stock →

Apartment Investment and Management Company is a diversified real estate company primarily focused on value add and opportunistic investments, targeting the U.S. multifamily sector.

Real Estate · REIT - Residential · 50 employees

About KKR Real Estate Finance

KREF stock →

KKR Real Estate Finance Trust Inc., a mortgage real estate investment trust, focuses primarily on originating and acquiring transitional senior loans secured by commercial real estate (CRE) assets in the United States. It engages in the origination and purchase of credit investments related to CRE, including leveraged and unleveraged commercial real estate loans.

Real Estate · REIT - Mortgage

AIV vs KREF FAQ

Which is bigger, Apartment Investment and Management or KKR Real Estate Finance?

KKR Real Estate Finance (KREF) is larger, with a market capitalization of $364.94M compared with $271.52M for Apartment Investment and Management (AIV).

Which stock has performed better over the past year, AIV or KREF?

KREF returned -27.81% over the past 12 months, compared with -76.99% for AIV (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, Apartment Investment and Management or KKR Real Estate Finance?

KKR Real Estate Finance pays a dividend yielding 13.64%, while Apartment Investment and Management does not currently pay a regular dividend.

Are Apartment Investment and Management and KKR Real Estate Finance in the same industry?

Both are in the Real Estate sector, but in different industries: REIT - Residential for Apartment Investment and Management and REIT - Mortgage for KKR Real Estate Finance.

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