NEW YORK (AP) — NEW YORK (AP) — KKR Real Estate Finance Trust Inc. (KREF) on Tuesday reported a loss of $3.1 million in its first quarter.

The New York-based company said it had a loss of 13 cents per share. Earnings, adjusted for non-recurring costs, were 39 cents per share.

The real estate finance company posted revenue of $151.6 million in the period. Its adjusted revenue was $39.1 million.

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