TPG Real Estate Finance Trust Inc (TRTX)

TPG RE Finance Trust, Inc. Announces Closing of New $400 Million Senior Secured Term Loan B and $100 Million Revolving Credit FacilityMay 14, 2026 4:15 PM
Business Wire TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that it closed on a Term Loan B for an aggregate principal amount of $400 million due in 2033 and a $100 million Revolving Credit Facility due in 2031. The Company intends to use the net proceeds from the Term Loan B and Revolving Credit Facility to repay outstanding indebtedness, including partially funding the redemption of the Company’s TRTX 2022-FL5 collateralized loan obligation, or for other general corporate purposes. The Term Loan B priced at 99.75% and bears interest at Term SOFR plus 275 basis points and the Revolving Credit Facility bears interest at Term SOFR plus 200 basis points. Doug Bouquard, Chief Executive Officer of TRTX, said: “We believe that the closing of this financing further expands our best in-class, diversified liability structure at an exciting moment for TRTX.” ABOUT TRTX TPG RE Finance Trust, Inc. is a commercial real estate finance company that originates, acquires, and manages primarily first mortgage loans secured by institutional properties located in primary and select secondary markets in the United States. The Company is externally managed by TPG RE Finance Trust Management, L.P., a part of TPG Real Estate, which is the real estate investment platform of global alternative asset management firm TPG Inc. (NASDAQ: TPG). For more information regarding TRTX, visit https://www.tpgrefinance.com/. FORWARD-LOOKING STATEMENTS This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are subject to various risks and uncertainties, including, without limitation, statements relating to the performance of the investments of TPG RE Finance Trust, Inc. (the “Company” or “TRTX”); global economic trends and economic conditions, including heightened inflation, slower growth or recession, changes to fiscal and monetary policy, higher interest rates, tariffs and international trade policies, stress to the commercial banking systems of the U.S. and Western Europe, labor shortages, currency fluctuations and challenges in global supply chains; the Company's ability to originate loans that are in the pipeline and under evaluation by the Company; financing needs and arrangements; and the risks, uncertainties and factors set forth under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as such risk factors may be updated from time to time in the Company’s periodic filings with the Securities and Exchange Commission (the “SEC”), which are accessible on the SEC’s website at www.sec.gov. Forward-looking statements are generally identifiable by use of forward-looking terminology such as “may,” “will,” “should,” “potential,” “intend,” “expect,” “endeavor,” “seek,” “anticipate,” “estimate,” “believe,” “could,” “project,” “predict,” “continue” or other similar words or expressions. Forward-looking statements are based on certain assumptions, discuss future expectations, describe existing or future plans and strategies, contain projections of results of operations, liquidity and/or financial condition or state other forward-looking information. Statements, among others, relating to the intended use of the net proceeds from the Term Loan B and Revolving Credit Facility and the closing of this financing further expanding our best-in-class, diversified liability structure are forward-looking statements, and the Company cannot assure you that it will achieve such results. The ability of TRTX to predict future events or conditions or their impact or the actual effect of existing or future plans or strategies is inherently uncertain. Although the Company believes that such forward-looking statements are based on reasonable assumptions, actual results and performance in the future could differ materially from those set forth in or implied by such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company’s views only as of the date of this press release. Except as required by law, neither the Company nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements appearing in this press release. The Company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise. View source version on businesswire.com: https://www.businesswire.com/news/home/20260514491471/en/ INVESTOR RELATIONS CONTACT
+1 (212) 405-8500
IR@tpgrefinance.com MEDIA CONTACT
TPG RE Finance Trust, Inc.
Courtney Power
+1 (415) 743-1550
media@tpg.com Original: TPG RE Finance Trust, Inc. Announces Closing of New $400 Million Senior Secured Term Loan B and $100 Million Revolving Credit Facility

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2026April 28, 2026 4:26 PM
Business Wire
TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) reported its operating results for the quarter ended March 31, 2026.


Regarding first quarter results, Doug Bouquard, Chief Executive Officer of TRTX, said: “During the first quarter of 2026, we out-earned our common stock dividend and maintained a 100% performing loan portfolio. Currently, our total office loan exposure has been reduced to less than 5%, and nearly 70% of our loan portfolio consists of newer vintage originations made after January 2023 secured primarily by multifamily and industrial collateral. Our loan portfolio and well-capitalized balance sheet will enable us to take advantage of our robust investment pipeline through the remainder of 2026.”


FIRST QUARTER 2026 ACTIVITY



Recognized GAAP net income attributable to common stockholders of $15.2 million, or $0.19 per common share, based on a diluted weighted average share count of 79.1 million common shares. Book value per common share was $11.06 as of March 31, 2026, compared to $11.07 at December 31, 2025.



Generated Distributable Earnings of $19.5 million, or $0.25 per common share based on a diluted weighted average share count of 79.1 million common shares.



Declared on March 13, 2026 a cash dividend of $0.24 per share of common stock which was paid on April 24, 2026 to common stockholders of record as of March 27, 2026. The Company paid on March 31, 2026 to preferred stockholders of record as of March 20, 2026 a quarterly dividend on its 6.25% Series C Cumulative Redeemable Preferred Stock of $0.3906 per share.



Repurchased 556,592 shares of common stock, at a weighted average price of $8.06 per share, for total consideration (including commissions and related fees) of $4.5 million, which increased book value per common share by $0.02 per common share.



Originated two first mortgage loans with aggregate total loan commitments of $148.4 million, an aggregate initial unpaid principal balance of $135.5 million, a weighted average interest rate of Term SOFR plus 2.73%, a weighted average interest rate floor of 2.86% and a weighted average as-is loan-to-value ratio of 63.0%.



Funded $14.6 million of future funding obligations associated with previously originated and acquired loans.



Received loan repayments of $123.6 million, including two full loan repayments of $92.7 million, involving the following property types: 40.0% multifamily; 35.0% hotel; and 25.0% industrial.



Weighted average risk rating of the Company’s loan portfolio was 3.0 as of March 31, 2026, unchanged from December 31, 2025.



Carried at quarter-end an allowance for credit losses of $77.1 million, a decrease of $0.3 million from $77.4 million as of December 31, 2025. The quarter-end allowance of 179 basis points of total loan commitments as of March 31, 2026, decreased 1 basis point from 180 basis points as of December 31, 2025.



Ended the quarter with $172.8 million of near-term liquidity: $77.0 million of cash-on-hand available for investment, net of $15.0 million held to satisfy liquidity covenants under the Company’s secured financing agreements; undrawn capacity under secured financing arrangements of $39.7 million; and collateralized loan obligation reinvestment proceeds held at the servicer of $41.2 million.



Extended the initial and extended maturity date of the Bank of America secured credit agreement, effective June 2026.



Extended the initial maturity date of the Barclays secured credit agreement.



Non-mark-to-market borrowings represented 77.9% of total borrowings at March 31, 2026.



SUBSEQUENT EVENTS



Closed one first mortgage loan with a total loan commitment of $175.4 million and initial funding of $175.4 million, an interest rate of Term SOFR + 3.00%, and an as-is loan-to-value ratio of 65.4%.



Received repayments of $262.3 million relating to two office loans, including the full repayment of one first mortgage loan with a total loan commitment and an unpaid principal balance of $227.1 million and $227.1 million, respectively. The loan carried a risk rating of 3.0 as of December 31, 2025.



From April 1, 2026 through April 24, 2026, repurchased 493,000 shares of common stock, at a weighted average price of $8.07 per share, for total consideration (including commissions and related fees) of $4.0 million. The Company had $16.1 million of remaining capacity under its share repurchase program as of April 24, 2026.



The Company issued a supplemental presentation detailing its first quarter 2026 operating results, which can be viewed at http://investors.tpgrefinance.com/.


CONFERENCE CALL AND WEBCAST INFORMATION


The Company will host a conference call and webcast to review its financial results with investors and other interested parties at 9:00 a.m. ET on Wednesday, April 29, 2026. To participate in the conference call, callers from the United States and Canada should dial +1 (877) 407-9716, and international callers should dial +1 (201) 493-6779, ten minutes prior to the scheduled call time. The webcast may also be accessed live by visiting the Company’s investor relations website at http://investors.tpgrefinance.com/event.


REPLAY INFORMATION


A replay of the conference call will be available after 12:00 p.m. ET on Wednesday, April 29, 2026 through 11:59 p.m. ET on Wednesday, May 13, 2026. To access the replay, listeners may use +1 (844) 512-2921 (domestic) or +1 (412) 317-6671 (international). The passcode for the replay is 13759489. The replay will be available on the Company’s website for one year after the call date.


ABOUT TRTX


TPG RE Finance Trust, Inc. is a commercial real estate finance company that originates, acquires, and manages primarily first mortgage loans secured by institutional properties located in primary and select secondary markets in the United States. The Company is externally managed by TPG RE Finance Trust Management, L.P., a part of TPG Real Estate, which is the real estate investment platform of global alternative asset management firm TPG Inc. (NASDAQ: TPG). For more information regarding TRTX, visit https://www.tpgrefinance.com/.


FORWARD-LOOKING STATEMENTS


This earnings release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are subject to various risks and uncertainties, including, without limitation, statements relating to the performance of the investments of TPG RE Finance Trust, Inc. (the “Company” or “TRTX”); global economic trends and economic conditions, including heightened inflation, slower growth or recession, changes to fiscal and monetary policy, higher interest rates, tariffs and international trade policies, stress to the commercial banking systems of the U.S. and Western Europe, labor shortages, currency fluctuations and challenges in global supply chains; the Company's ability to originate loans that are in the pipeline and under evaluation by the Company; financing needs and arrangements; and the risks, uncertainties and factors set forth under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as such risk factors may be updated from time to time in the Company’s periodic filings with the Securities and Exchange Commission (the “SEC”), which are accessible on the SEC’s website at www.sec.gov. Forward-looking statements are generally identifiable by use of forward-looking terminology such as “may,” “will,” “should,” “potential,” “intend,” “expect,” “endeavor,” “seek,” “anticipate,” “estimate,” “believe,” “could,” “project,” “predict,” “continue” or other similar words or expressions. Forward-looking statements are based on certain assumptions, discuss future expectations, describe existing or future plans and strategies, contain projections of results of operations, liquidity and/or financial condition or state other forward-looking information. Statements, among others, relating to our belief that our loan portfolio and well-capitalized balance sheet will enable us to take advantage of our robust investment pipeline through the remainder of 2026 are forward-looking statements, and the Company cannot assure you that it will achieve such results. The ability of TRTX to predict future events or conditions or their impact or the actual effect of existing or future plans or strategies is inherently uncertain. Although the Company believes that such forward-looking statements are based on reasonable assumptions, actual results and performance in the future could differ materially from those set forth in or implied by such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company’s views only as of the date of this earnings release. Except as required by law, neither the Company nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements appearing in this earnings release. The Company does not undertake any obligation to update any forward-looking statements contained in this earnings release as a result of new information, future events or otherwise. Past performance is not indicative nor a guarantee of future returns. Yield data are shown for illustrative purposes only and have limitations when used for comparison or for other purposes due to, among other matters, volatility, credit or other factors.


Non-GAAP Financial Measures Reconciliation


Distributable Earnings


Distributable Earnings is a non-GAAP measure, which we define as GAAP net income (loss) attributable to our common stockholders, including realized gains and losses from loan write-offs, loan sales and other loan resolutions (including conversions to real estate owned (“REO”)), regardless of whether such items are included in other comprehensive income or loss, or in GAAP net income (loss), and excluding (i) non-cash stock compensation expense, (ii) depreciation and amortization expense (which only applies to debt investments related to real estate to the extent we foreclose upon the property or properties underlying such debt investments), (iii) unrealized gains (losses) (including credit loss expense (benefit), net), and (iv) certain non-cash or income and expense items.


We believe that Distributable Earnings provides meaningful information to consider in addition to our net income (loss) and cash flow from operating activities determined in accordance with GAAP. We generally must distribute at least 90% of our net taxable income annually, subject to certain adjustments and excluding any net capital gains, for us to continue to qualify as a real estate investment trust for U.S. federal income tax purposes. We believe that one of the primary reasons investors purchase our common stock is to receive our dividends. Because of our investors’ continued focus on our ability to pay dividends, Distributable Earnings is an important measure for us to consider when determining our distribution policy and dividends per common share. Further, Distributable Earnings helps us to evaluate our performance excluding the effects of certain transactions and GAAP adjustments that we believe are not necessarily indicative of our current loan investment and operating activities.


Distributable Earnings excludes the impact of our credit loss provision or reversals of our credit loss provision, but only to the extent that our credit loss provision exceeds any realized credit losses during the applicable reporting period. See Note 2 to our Consolidated Financial Statements included in our Form 10-Q for additional details regarding our accounting policies and estimation of our allowance for credit losses.


Distributable Earnings does not represent net income (loss) or cash generated from operating activities and should not be considered as an alternative to GAAP net income (loss), an indication of our GAAP cash flows from operations, a measure of our liquidity, or an indication of funds available for our cash needs. In addition, our methodology for calculating Distributable Earnings may differ from the methodologies employed by other companies to calculate the same or similar supplemental performance measures, and accordingly, our reported Distributable Earnings may not be comparable to the Distributable Earnings reported by other companies.


Reconciliation of GAAP Net Income Attributable to Common Stockholders to Distributable Earnings


The table below reconciles GAAP net income attributable to common stockholders and related diluted per share amounts to Distributable Earnings and related diluted per share amounts ($ in thousands, except weighted average share and per share data):




 






Three Months Ended,








 






March 31, 2026






 






Per Diluted Share(1)








Net income attributable to common stockholders






$






15,166






 






 






$






0.19








Non-cash stock compensation expense






 






2,056






 






 






 






0.03








Depreciation and amortization






 






2,577






 






 






 






0.03








Credit loss benefit, net






 






(286






)






 






 






0.00








Distributable earnings before realized losses from loan resolutions






$






19,513






 






 






$






0.25








Distributable earnings






$






19,513






 






 






$






0.25








Weighted average common shares outstanding, diluted






 






79,063,393






 






 






 








Dividends declared






$






19,239






 






 






$






0.24








____________________________



(1)






 






Numbers presented may not foot due to rounding.







 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260428607495/en/
INVESTOR RELATIONS CONTACT

+1 (212) 405-8500

IR@tpgrefinance.com


MEDIA CONTACT

TPG RE Finance Trust, Inc.

Courtney Power

+1 (415) 743-1550

media@tpg.com


Original: TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2026

TPG RE Finance Trust, Inc. Announces First Quarter 2026 Earnings Release and Conference Call DatesApril 15, 2026 4:15 PM
Business Wire
TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced it will release financial results for the first quarter 2026 and file its Form 10-Q and earnings supplemental after the market close on Tuesday, April 28, 2026.


CONFERENCE CALL AND WEBCAST INFORMATION


The Company will host a conference call and webcast to review its financial results with investors and other interested parties at 9:00 a.m. ET on Wednesday, April 29, 2026. To participate in the conference call, callers from the United States and Canada should dial +1 (877) 407-9716, and international callers should dial +1 (201) 493-6779, ten minutes prior to the scheduled call time. The webcast may also be accessed live by visiting the Company’s investor relations website at http://investors.tpgrefinance.com/event.


REPLAY INFORMATION


A replay of the conference call will be available after 12:00 p.m. ET on Wednesday, April 29, 2026 through 11:59 p.m. ET on Wednesday, May 13, 2026. To access the replay, listeners may use +1 (844) 512-2921 (domestic) or +1 (412) 317-6671 (international). The passcode for the replay is 13759489. The replay will be available on the Company’s website for one year after the call date.


ABOUT TRTX


TPG RE Finance Trust, Inc. is a commercial real estate finance company that originates, acquires, and manages primarily first mortgage loans secured by institutional properties located in primary and select secondary markets in the United States. The Company is externally managed by TPG RE Finance Trust Management, L.P., a part of TPG Real Estate, which is the real estate investment platform of global alternative asset management firm TPG Inc. (NASDAQ: TPG). For more information regarding TRTX, visit https://www.tpgrefinance.com/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260415236441/en/
INVESTOR RELATIONS CONTACT

+1 (212) 405-8500

IR@tpgrefinance.com


MEDIA CONTACT

TPG RE Finance Trust, Inc.

Courtney Power

+1 (415) 743-1550

media@tpg.com


Original: TPG RE Finance Trust, Inc. Announces First Quarter 2026 Earnings Release and Conference Call Dates

TPG RE Finance Trust $TRTX
Commercial real estate credit is one of the ugliest corners of the market right now. Office exposure is toxic, refinancing risk is exploding, and TRTX’s loan book is sitting on unrealized losses that could easily become realized. Liquidity risk is the silent killer here.

TPG RE Finance Trust, Inc. Declares Cash Dividend on Common StockMarch 13, 2026 4:15 PM
Business Wire
TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that the Company’s Board of Directors has declared a cash dividend of $0.24 per share of common stock for the first quarter of 2026. The dividend will be payable on April 24, 2026 to common stockholders of record as of March 27, 2026.


ABOUT TRTX


TRTX is a commercial real estate finance company that originates, acquires, and manages primarily first mortgage loans secured by institutional properties located in primary and select secondary markets in the United States. The Company is externally managed by TPG RE Finance Trust Management, L.P., a part of TPG Real Estate, which is the real estate investment platform of global alternative asset management firm TPG Inc. (NASDAQ: TPG). For more information regarding TRTX, visit https://www.tpgrefinance.com/.


FORWARD-LOOKING STATEMENTS


This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are subject to various risks and uncertainties, including, without limitation, risks and uncertainties relating to: the performance of the Company’s investments; global economic trends and economic conditions, including heightened inflation, slower growth or recession, changes to fiscal and monetary policy, higher interest rates, tariffs and international trade policies, stress to the commercial banking systems of the U.S. and Western Europe, labor shortages, currency fluctuations and challenges in global supply chains; the Company's ability to originate loans that are in the pipeline and under evaluation by the Company; financing needs and arrangements; and the risks, uncertainties and factors set forth under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as such risk factors may be updated from time to time in the Company’s periodic filings with the Securities and Exchange Commission (the “SEC”), which are accessible on the SEC’s website at www.sec.gov. Forward-looking statements are generally identifiable by use of forward-looking terminology such as “may,” “will,” “should,” “potential,” “intend,” “expect,” “endeavor,” “seek,” “anticipate,” “estimate,” “believe,” “could,” “project,” “predict,” “continue,” “payable” or other similar words or expressions. Forward-looking statements are based on certain assumptions, discuss future expectations, describe existing or future plans and strategies, contain projections of results of operations, liquidity and/or financial condition or state other forward-looking information. Statements, among others, relating to the payment of dividends on a future date are forward-looking statements. The ability of TRTX to predict future events or conditions or their impact or the actual effect of existing or future plans or strategies is inherently uncertain. Although the Company believes that such forward-looking statements are based on reasonable assumptions, actual results and performance in the future could differ materially from those set forth in or implied by such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company’s views only as of the date of this press release. Except as required by law, neither the Company nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements appearing in this press release. The Company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise. Past performance is not indicative nor a guarantee of future returns.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260313813092/en/
INVESTOR RELATIONS CONTACT

+1 (212) 405-8500

IR@tpgrefinance.com


MEDIA CONTACT

TPG RE Finance Trust, Inc.

Courtney Power

+1 (415) 743-1550

media@tpg.com


Original: TPG RE Finance Trust, Inc. Declares Cash Dividend on Common Stock

TPG RE Finance Trust, Inc. Declares Cash Dividend on Series C Cumulative Redeemable Preferred StockMarch 10, 2026 4:15 PM
Business Wire
TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the Company’s Board of Directors 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 first quarter of 2026. The Series C Preferred Stock dividend is payable on March 31, 2026 to preferred stockholders of record as of March 20, 2026.


ABOUT TRTX


TRTX is a commercial real estate finance company that originates, acquires, and manages primarily first mortgage loans secured by institutional properties located in primary and select secondary markets in the United States. The Company is externally managed by TPG RE Finance Trust Management, L.P., a part of TPG Real Estate, which is the real estate investment platform of global alternative asset management firm TPG Inc. (NASDAQ: TPG). For more information regarding TRTX, visit https://www.tpgrefinance.com/.


FORWARD-LOOKING STATEMENTS


This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are subject to various risks and uncertainties, including, without limitation, risks and uncertainties relating to: the performance of the Company’s investments; global economic trends and economic conditions, including heightened inflation, slower growth or recession, changes to fiscal and monetary policy, higher interest rates, tariffs and international trade policies, stress to the commercial banking systems of the U.S. and Western Europe, labor shortages, currency fluctuations and challenges in global supply chains; the Company's ability to originate loans that are in the pipeline and under evaluation by the Company; financing needs and arrangements; and the risks, uncertainties and factors set forth under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as such risk factors may be updated from time to time in the Company’s periodic filings with the Securities and Exchange Commission (the “SEC”), which are accessible on the SEC’s website at www.sec.gov. Forward-looking statements are generally identifiable by use of forward-looking terminology such as “may,” “will,” “should,” “potential,” “intend,” “expect,” “endeavor,” “seek,” “anticipate,” “estimate,” “believe,” “could,” “project,” “predict,” “continue,” “payable” or other similar words or expressions. Forward-looking statements are based on certain assumptions, discuss future expectations, describe existing or future plans and strategies, contain projections of results of operations, liquidity and/or financial condition or state other forward-looking information. Statements, among others, relating to the payment of dividends on a future date are forward-looking statements. The ability of TRTX to predict future events or conditions or their impact or the actual effect of existing or future plans or strategies is inherently uncertain. Although the Company believes that such forward-looking statements are based on reasonable assumptions, actual results and performance in the future could differ materially from those set forth in or implied by such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company’s views only as of the date of this press release. Except as required by law, neither the Company nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements appearing in this press release. The Company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise. Past performance is not indicative nor a guarantee of future returns.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260310778894/en/
INVESTOR RELATIONS CONTACT

+1 (212) 405-8500

IR@tpgrefinance.com
MEDIA CONTACT

TPG RE Finance Trust, Inc.

Courtney Power

+1 (415) 743-1550

media@tpg.com


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

TPG RE Finance Trust, Inc. Announces Fourth Quarter and Full Year 2025 Earnings Release and Conference Call DatesFebruary 4, 2026 4:10 PM
Business Wire
TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced it will release financial results for the fourth quarter and year ended 2025 and file its Form 10-K and earnings supplemental after the market close on Tuesday, February 17, 2026.


CONFERENCE CALL AND WEBCAST INFORMATION


The Company will host a conference call and webcast to review its financial results with investors and other interested parties at 9:00 a.m. ET on Wednesday, February 18, 2026. To participate in the conference call, callers from the United States and Canada should dial +1 (877) 407-9716, and international callers should dial +1 (201) 493-6779, ten minutes prior to the scheduled call time. The webcast may also be accessed live by visiting the Company’s investor relations website at http://investors.tpgrefinance.com/event.


REPLAY INFORMATION


A replay of the conference call will be available after 12:00 p.m. ET on Wednesday, February 18, 2026 through 11:59 p.m. ET on Wednesday, March 4, 2026. To access the replay, listeners may use +1 (844) 512-2921 (domestic) or +1 (412) 317-6671 (international). The passcode for the replay is 13757563. The replay will be available on the Company’s website for one year after the call date.


ABOUT TRTX


TPG RE Finance Trust, Inc. is a commercial real estate finance company that originates, acquires, and manages primarily first mortgage loans secured by institutional properties located in primary and select secondary markets in the United States. The Company is externally managed by TPG RE Finance Trust Management, L.P., a part of TPG Real Estate, which is the real estate investment platform of global alternative asset management firm TPG Inc. (NASDAQ: TPG). For more information regarding TRTX, visit https://www.tpgrefinance.com/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260204844567/en/
INVESTOR RELATIONS CONTACT

+1 (212) 405-8500

IR@tpgrefinance.com


MEDIA CONTACT

TPG RE Finance Trust, Inc.

Courtney Power

+1 (415) 743-1550

media@tpg.com


Original: TPG RE Finance Trust, Inc. Announces Fourth Quarter and Full Year 2025 Earnings Release and Conference Call Dates

TPG RE Finance Trust, Inc. Announces Tax Treatment of 2025 DividendsJanuary 29, 2026 4:10 PM
Business Wire
TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the income tax treatment of its 2025 common stock and its 6.25% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred”) dividends.


The following table summarizes, for income tax purposes, the nature of cash dividends paid to the Company’s common stockholders for the tax year ended December 31, 2025:


Common Stock (CUSIP # 87266M107)




Record

Date






Payment

Date






Total Distribution

per Share






Ordinary Income

per Share (1)






Capital Gain

per Share






Non-Dividend

Distribution








12/27/2024(2)






1/24/2025






$0.2400






$0.2037






$0.0000






$0.0363








3/28/2025






4/25/2025






0.2400






0.2037






0.0000






0.0363








6/27/2025






7/25/2025






0.2400






0.2037






0.0000






0.0363








9/26/2025






10/24/2025






0.2400






0.2037






0.0000






0.0363








12/26/2025(3)






1/23/2026






0.2400






0.0000






0.0000






0.0000








Totals






 






$1.2000






$0.8147






$0.0000






$0.1453







The following table summarizes, for income tax purposes, the nature of cash dividends paid to the holders of the Company’s Series C Preferred Stock for the tax year ended December 31, 2025:


Series C Preferred Stock (CUSIP# 87266M206)




Record

Date






Payment

Date






Total Distribution

per Share






Ordinary Income

per Share (1)






Capital Gain

per Share






Non-Dividend

Distribution








3/21/2025






3/31/2025






$0.3906






$0.3906






$0.0000






$0.0000








6/20/2025






6/30/2025






0.3906






0.3906






0.0000






0.0000








9/19/2025






9/30/2025






0.3906






0.3906






0.0000






0.0000








12/19/2025






12/30/2025






0.3906






0.3906






0.0000






0.0000








Totals






 






$1.5624






$1.5624






$0.0000






$0.0000









1.







Ordinary Income dividends are eligible for the 20% deduction applicable to “qualified REIT dividends” pursuant to IRC Section 199A.








2.







Pursuant to IRC Section 857(b)(9), cash distributions made on January 24, 2025 with a record date of December 27, 2024 are treated for federal income tax purposes as received by shareholders on December 31, 2024 to the extent of the Company’s 2024 earnings and profits. As the Company’s aggregate 2024 dividends paid in 2024 exceeded its 2024 earnings and profits, the January 2025 cash distribution declared in the fourth quarter of 2024 is treated as a 2025 distribution for federal income tax purposes and is being included on the 2025 Form 1099-DIV.








3.







Pursuant to IRC Section 857(b)(9), cash distributions made on January 23, 2026 with a record date of December 26, 2025 are treated for federal income tax purposes as received by shareholders on December 31, 2025 to the extent of the Company’s 2025 earnings and profits. As the Company’s aggregate 2025 dividends paid in 2025 exceeded its 2025 earnings and profits, the January 2026 cash distribution declared in the fourth quarter of 2025 will be treated as a 2026 distribution for federal income tax purposes and will be included on the 2026 Form 1099-DIV.







Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s dividends. For additional information, refer to the Investor Relations section of the Company’s website.


ABOUT TRTX


TPG RE Finance Trust, Inc. is a commercial real estate finance company that originates, acquires, and manages primarily first mortgage loans secured by institutional properties located in primary and select secondary markets in the United States. The Company is externally managed by TPG RE Finance Trust Management, L.P., a part of TPG Real Estate, which is the real estate investment platform of global alternative asset management firm TPG Inc. (NASDAQ: TPG). For more information regarding TRTX, visit https://www.tpgrefinance.com/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260129746742/en/
INVESTOR RELATIONS

+1 (212) 405-8500

IR@tpgrefinance.com


MEDIA

TPG RE Finance Trust, Inc.

Courtney Power

+1 (415) 743-1550

media@tpg.com


Original: TPG RE Finance Trust, Inc. Announces Tax Treatment of 2025 Dividends

PT 25$

Will double digit share price return?

Whatever, I traded this from the high 3's. You can stay. They still have issues to deal with and once that is mitigated, I will get back in again when it dips below 6 again, but definitely good luck to you.

Incorrect. We are GREEN.

Market is down, that is why. I would get out if I were you.

My building ETF NAILS got hammered. TWO holding up nicely.

Market is down, that is why. I would get out if I were you.

TRTX sub 6 again, but why the drop?

* * $TRTX Video Chart 04-09-2020 * *

Link to Video - click here to watch the technical chart video

Thank you.

This could end up as a core holding. The divi is quite alluring at this price level. .43/quarter, I understand will probably not hold up under the current conditions, but this isn't like 08, the economy should hit the ground running. Of course there will be causalities, some in all sectors. But like the CV fatalities, most of these causalities will be due to more underlining issues. Poorly managed companies will do a cash grab from the bailouts and still find a way to fail. I am in here @ 3.65,3.75,5.15 and 5.45. I will continue to buy as I take profits off other trades. My plan is to have my core holdings established by May 1st. Hopefully retire off these in Jan 2021! I did pick up some XOM at 40ish. GL and Happy Easter.

Strong!!

Chart looks great! Hopefully this continues into next week.

Massive move coming should close above $6.00

86% institutional holding. > 76 OS.

TRTX 5.28 and lookin great

Shares of several real estate companies are trading higher amid positive market sentiment on optimism of cases potentially leveling off in some hotspots globally. Global slowing cases could raise hopes of a sooner return to spending and investments.


Apr 8, 2020 9:06a ETBenzinga Stock Analysis

TPG RE Finance Trust, Inc. is a commercial real estate finance company. The Company is engaged in originating, acquiring and managing commercial mortgage loans and other commercial real estate-related debt instruments. It focuses primarily on directly originating and selectively acquiring floating rate first mortgage loans that are secured by high quality commercial real estate properties undergoing some form of transition and value creation, such as re-tenanting, refurbishment or other form of repositioning. As of December 31, 2016, the Company’s portfolio consisted of 54 first mortgage loans. As of December 31, 2016, 97% of the loan commitments in its portfolio consisted of floating rate loans, and 98.6% of the loan commitments in its portfolio consisted of first mortgage loans.