KKR Real Estate Finance (KREF) vs Chicago Atlantic Real Estate Finance (REFI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Chicago Atlantic Real Estate Finance (REFI) has outperformed KKR Real Estate Finance (KREF) over the past year, losing 23.6% versus a loss of 27.8%. KKR Real Estate Finance is the larger company by market cap ($364.9 million vs $246.2 million), about 1.5 times the size. On valuation, Chicago Atlantic Real Estate Finance trades at a lower forward P/E (5.0x vs 178.0x for KKR Real Estate Finance).
Chicago Atlantic Real Estate Finance offers the higher dividend yield (19.56% vs 13.64%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | KREF | REFI |
|---|---|---|
| Share price | $6.23 | $9.61 |
| Market cap | $364.94M | $246.22M |
| 1-day change | -0.48% | -1.94% |
| YTD return | -24.21% | -21.62% |
| 1-year return | -27.81% | -23.61% |
| 5-year return | -71.68% | — |
| P/E ratio (TTM) | — | 7.12 |
| Forward P/E | 178.00 | 5.01 |
| EPS (TTM) | $-3.24 | $1.35 |
| Dividend yield | 13.64% | 19.56% |
| Annual dividend | $0.85 | $1.88 |
| 52-week high | $9.11 | $13.49 |
| 52-week low | $5.25 | $9.61 |
| Distance from 52-week high | -31.58% | -28.76% |
| Analyst consensus | buy | none |
| Avg. price target upside | +24.40% | +57.44% |
| Average volume | 937.30K | 189.95K |
| Shares outstanding | 58.58M | 25.62M |
| Sector | Real Estate | Real Estate |
| Industry | REIT - Mortgage | REIT - 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
- Chicago Atlantic Real Estate Finance offers a meaningfully higher dividend yield (19.56% vs 13.64%).
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
About Chicago Atlantic Real Estate Finance
REFI stock →Chicago Atlantic Real Estate Finance, Inc. operates as a commercial mortgage real estate investment trust in the United States.
Real Estate · REIT - Mortgage
KREF vs REFI FAQ
Which is bigger, KKR Real Estate Finance or Chicago Atlantic Real Estate Finance?
KKR Real Estate Finance (KREF) is larger, with a market capitalization of $364.94M compared with $246.22M for Chicago Atlantic Real Estate Finance (REFI).
Which stock has performed better over the past year, KREF or REFI?
REFI returned -23.61% over the past 12 months, compared with -27.81% for KREF (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, KKR Real Estate Finance or Chicago Atlantic Real Estate Finance?
Chicago Atlantic Real Estate Finance has the higher yield at 19.56%, compared with 13.64% for KKR Real Estate Finance.
Are KKR Real Estate Finance and Chicago Atlantic Real Estate Finance in the same industry?
Yes. Both are classified in the REIT - Mortgage industry within the Real Estate sector.