Welcome to our dedicated page for Tpg Re Finance T news (Ticker: TRTX), a resource for investors and traders seeking the latest updates and insights on Tpg Re Finance T stock.
TPG RE Finance Trust Inc. (TRTX) provides investors with comprehensive access to official news and developments from this leading commercial real estate finance REIT. This resource aggregates all verified press releases, financial disclosures, and strategic announcements related to TRTX's floating rate loan portfolio and institutional property investments.
Users gain centralized access to critical updates including quarterly earnings reports, loan origination milestones, portfolio performance metrics, and leadership announcements. The curated collection serves analysts tracking commercial mortgage trends and investors monitoring risk-adjusted returns in transitional property markets.
All content undergoes strict verification to ensure accuracy, with updates on:
• Earnings releases and dividend announcements
• Commercial loan portfolio expansions
• Strategic partnerships in real estate finance
• Leadership updates and governance changes
Bookmark this page for streamlined monitoring of TRTX's activities in office, multifamily, and industrial property financing. Regular updates provide essential insights for stakeholders tracking floating rate mortgage performance and value creation strategies in commercial real estate markets.
TPG RE Finance Trust, Inc. (NYSE: TRTX) has announced the dates for its third quarter 2024 earnings release and conference call. The company will release its financial results and file its Form 10-Q and earnings supplemental after the market close on Tuesday, October 29, 2024. A conference call and webcast to review the financial results will be held at 9:00 a.m. ET on Wednesday, October 30, 2024.
Participants can join the call by dialing +1 (877) 407-9716 from the US and Canada, or +1 (201) 493-6779 internationally. The webcast will be accessible on the company's investor relations website. A replay of the call will be available from 12:00 p.m. ET on October 30, 2024, through 11:59 p.m. ET on November 13, 2024, using the passcode 13745416.
TPG RE Finance Trust, Inc. (NYSE: TRTX) has announced a cash dividend of $0.24 per share for the third quarter of 2024. This dividend will be paid on October 25, 2024 to shareholders of record as of September 27, 2024. The declaration of this dividend by the Company's Board of Directors demonstrates TRTX's commitment to returning value to its shareholders and may indicate confidence in the company's financial stability and future prospects.
TPG RE Finance Trust (NYSE: TRTX) has announced a cash dividend of $0.3906 per share on its 6.25% Series C Cumulative Redeemable Preferred Stock for the third quarter of 2024. The dividend will be payable on September 30, 2024 to preferred stockholders of record as of September 20, 2024. This declaration by TRTX's Board of Directors demonstrates the company's commitment to providing regular returns to its preferred stockholders.
TPG RE Finance Trust, Inc. (NYSE: TRTX) reported its Q2 2024 operating results. The company generated Distributable Earnings of $0.28 per share, representing a dividend coverage ratio of 1.2x. TRTX maintained $389 million in liquidity and a conservative debt-to-equity ratio of 2:1. Key highlights include:
- GAAP net income of $21.0 million, or $0.26 per common share
- Book value per common share of $11.40
- Declared cash dividend of $0.24 per share
- Received loan repayments of $186.1 million
- Weighted average risk rating of the loan portfolio remained at 3.0
- Allowance for credit losses decreased to $69.6 million
- Non-mark-to-market borrowings represented 78.7% of total borrowings
TRTX also closed a new $96.0 million first mortgage loan and received a full loan repayment of $33.9 million post-quarter.
TPG RE Finance Trust, Inc. (NYSE: TRTX) has announced its schedule for releasing second quarter 2024 financial results and hosting a conference call. The company will release its Q2 2024 earnings report and file Form 10-Q after market close on Tuesday, July 30, 2024. A conference call and webcast to discuss the results is scheduled for Wednesday, July 31, 2024, at 9:00 a.m. ET. Investors can join the call using specific dial-in numbers or access the webcast via the company's investor relations website. A replay of the call will be available until August 14, 2024, with both phone and online access options provided.
TPG RE Finance Trust (NYSE: TRTX) announced a cash dividend of $0.24 per common share for Q2 2024.
The dividend is set for July 25, 2024, payable to shareholders of record as of June 27, 2024.
TPG RE Finance Trust (TRTX) has declared a cash dividend of $0.3906 per share for its 6.25% Series C Cumulative Redeemable Preferred Stock. This dividend pertains to the second quarter of 2024.
The dividend will be paid on June 28, 2024, to shareholders who own the preferred stock as of June 18, 2024. This announcement follows the approval from the company's Board of Directors.
TPG RE Finance Trust (TRTX) announced that CFO Bob Foley will host investor meetings and deliver a moderated corporate presentation at Nareit's REITweek: 2024 Investor Conference on June 5, 2024. The presentation will be accessible on TRTX's Investor Relations webpage. This event is significant for TRTX as it provides a platform to communicate its financial health, strategies, and future outlook to investors.
TPG RE Finance Trust, Inc. reported a successful first quarter with $371 million of available liquidity and a 100% performing loan portfolio. The company recognized GAAP net income of $13.1 million, declared a cash dividend of $0.24 per share, and originated three first mortgage loans totaling $116.3 million. They ended the quarter with $370.7 million of near-term liquidity and received a full loan repayment of $44.5 million. The Board approved a $25 million share repurchase plan. For more details, visit Company's website.
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