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Tpg Re Finance Trust Inc   (TRTX)
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Price: $7.2800 $-0.27 -3.576%
Day's High: $7.46 Week Perf: 4.6 %
Day's Low: $ 7.27 30 Day Perf: 20.13 %
Volume (M): 1,258 52 Wk High: $ 8.81
Volume (M$): $ 9,160 52 Wk Avg: $6.67
Open: $7.33 52 Wk Low: $4.64



 Market Capitalization (Millions $) 564
 Shares Outstanding (Millions) 77
 Employees 15
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -131
 Cash Flow (TTM) (Millions $) -47
 Capital Exp. (TTM) (Millions $) 0

Tpg Re Finance Trust Inc
TPG Real Estate Finance Trust, Inc. (TRT) is a commercial real estate finance company focused on originating, acquiring and managing primarily first mortgage loans secured by institutional quality commercial real estate properties in the United States. The company is externally managed by TPG Real Estate Advisors, which is a subsidiary of TPG, a leading global private investment firm.

TRT operates as a real estate investment trust (REIT) and was formed in 2014 as a subsidiary of TPG. The headquarters of the company is located in San Francisco, California, and its shares are traded on the New York Stock Exchange (NYSE) under the ticker symbol "TRTX."

TRT focuses on providing financing primarily to established and experienced property owners and operators, and real estate developers who require short-term bridge loans or long-term permanent financing. TRT's loans are generally originated with attractive risk-adjusted yields and are secured by income-producing or value-add commercial real estate properties.

The company's loan portfolio consists of a diversified mix of property types, including office, retail, multifamily, industrial, hospitality, and self-storage. As of September 30, 2021, TRT's loan portfolio had a total principal balance of $4.6 billion, with an average interest rate of1% and an average remaining term of5 years.

TRT also invests in subordinate debt and mezzanine loans, preferred equity investments, and CMBS securities to enhance the return on its investment portfolio. The company targets a diverse pool of borrowers and works closely with them to understand their needs and tailor the loan structure to meet their unique needs.

In addition to loan origination, TRT also manages a significant amount of cash on its balance sheet, which it invests in short-term, highly liquid securities. The company's investment strategy is designed to provide stability to its cash balances while maintaining liquidity.

TRT has a management team with decades of experience in the commercial real estate finance industry, and its executives have a track record of successful loan originations and underwriting. The company is committed to maintaining strong relationships with its borrowers, providing them with superior service and execution capabilities.

In conclusion, TPG Real Estate Finance Trust Inc is a well-established Real Estate Investment Trust company with vast experience in commercial real estate finance. With its diversified loan portfolio mix and attractive risk-adjusted yields, the company is poised to continue delivering value to its investors over the long term.


   Company Address: 888 Seventh Avenue New York 10106 NY
   Company Phone Number: 601-4700   Stock Exchange / Ticker: NYSE TRTX
   


   

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Tpg Re Finance Trust Inc

TPG RE Finance Trust Inc Reports Sharp Decline in Income by -80.36% in Q4 2023

TPG RE Finance Trust Inc (TRTX) reported a sharp decrease in income for the October to December 31, 2023 period, with a decline of -80.36% from $0.42 per share to $0.08 per share compared to the previous year. However, income per share turned positive from $-0.83 per share in the previous reporting period. The revenue remained unaffected at $0.00 million, compared to $25.13 million in the same reporting period a year ago and sequentially from $27.02 million.
The net income for the October to December 31, 2023 period also saw a significant decline of -91.94% from $32.642 million in the corresponding period a year before to $2.632 million. The value of accounts receivable is still below the previous year's level, although there has been some progress sequentially.
In the fiscal period 2023, TRTX announced a loss of $-130.91 million and revenue of $-73.52 million. Net loss per share widened to $-1.69 from $-0.95 in the prior fiscal year, a decrease of -123.12% from $317.94 million a year ago.
TPG RE Finance Trust, Inc. announced a cash dividend of $0.24 per share for the fourth quarter, set to be paid out on January 25, 2024, to common stockholders recorded as of December 29, 2023. This move aims to reassure shareholders amid market uncertainties and demonstrates the company's commitment to generating wealth despite volatility.

Dividend

TPG RE Finance Trust, Inc. Declares Cash Dividend Amidst an Unsteady Market Performance

Published Mon, Dec 18 2023 9:10 PM UTC


In an affirmative move that seeks to assuage its shareholder's anxieties amid a wobbly market situation, TPG RE Finance Trust, Inc. (TRTX) has announced an incoming cash dividend on its common stock. On December 18, 2023, the Company's Board of Directors declared a cash dividend of $0.24 per share for the fourth quarter. Set to be paid out on January 25, 2024, the divid...

Dividend

Generating Consistent Returns and Prioritizing Shareholders: TPG RE Finance Trust, Inc. Declares Cash Dividend on Series C Preferred Stock amidst the Changing Landscape of Commercial Real Estate

Published Fri, Dec 8 2023 9:10 PM UTC



TPG RE Finance Trust, Inc. (TRTX), a leading commercial real estate investment trust, recently made a significant announcement, declaring a cash dividend on its 6.25% Series C Cumulative Redeemable Preferred Stock for the fourth quarter of 2023. This news has attracted the attention of investors and industry experts, highlighting the trust's commitment to generatin...

Tpg Re Finance Trust Inc

TPG RE Finance Trust Inc (TRTX) Shows Positive Trend with Decrease in Loss per Share and Improved Earnings, But Sees Sharp Decline in Revenue

TPG RE Finance Trust Inc (TRTX) has reported its financial results for the third quarter of 2023, showing a decrease in loss per share compared to the previous year. The loss per share decreased from $-1.52 to $-0.83, indicating some improvement in the company's financial performance. Additionally, earnings per share improved slightly from $-0.94 to $-0.83.
However, TRTX saw a sharp decline in revenue, which fell by -83.962% to $27.02 million compared to $168.45 million in the same period last year. Sequentially, revenue also fell by -17.215% from $32.63 million. This decline in revenue sets TRTX apart from other Real Estate Investment Trusts (REITs), which recorded revenue growth during the same period.

Dividend

TPG RE Finance Trust, Inc. Declares Cash Dividend on Series C Cumulative Redeemable Preferred Stock

Published Fri, Sep 8 2023 8:05 PM UTC


Article:
NEW YORK - TPG RE Finance Trust, Inc. (NYSE: TRTX) announced today that its Board of Directors has declared a cash dividend of $0.3906 per share of 6.25% Series C Cumulative Redeemable Preferred Stock (the Series C Preferred Stock) for the third quarter of 2023. The dividend will be paid on September 29, 2023, to preferred stockholders of record as of Septe...






 

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