Every 8-K that TPG RE Finance Trust, Inc. (TRTX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow TRTX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TRTX filings page.
TPG RE Finance Trust, Inc. (TRTX) closed its TRTX 2026-FL8 collateralized loan obligation on October 2, 2026, through wholly owned subsidiaries. The closing-date collateral interests had an aggregate principal balance of approximately $1.0 billion as of September 9, 2026, representing approximately 23.1% of the company’s loan investment portfolio as of June 30, 2026. Proceeds funded collateral purchases, repaid certain pre-closing financing, funded an initial interest reserve and supported related activities.
The FL8 Issuers co-issued the offered notes, which are secured by the collateral interests and related accounts. If either note-protection test is not satisfied, interest otherwise available for Class F and Class G interest, preferred dividends and certain other payments is redirected to principal on senior classes. The FL8 Issuer also issued 68,750 preferred shares to an indirect wholly owned subsidiary for risk retention; each has a $1,000 liquidation preference and notional amount, with a stated dividend rate of Benchmark plus 8.00% and monthly non-cumulative dividends payable only if funds are available. A 30-month reinvestment period permits the manager to reinvest certain proceeds in qualifying collateral. The notes mature at par in March 2044 unless redeemed or repaid earlier; earlier repayment is anticipated under the payment priority.
TPG RE Finance Trust, Inc. reported GAAP net income attributable to common stockholders of $9.4 million, or $0.12 per diluted share, for the quarter ended June 30, 2026, and Distributable Earnings of $17.6 million, or $0.23 per diluted share. Book value per common share was $10.95 as of June 30, 2026. The company declared a $0.24 common dividend for the quarter, and management highlighted first-half 2026 Distributable Earnings of $0.48 per share, which fully covered year-to-date common stock dividends.
The commercial mortgage REIT originated three first mortgage loans with $466.0 million of total commitments and received $274.4 million of repayments, ending with a $4.5 billion, 100% performing loan portfolio with weighted-average loan-to-value of 65.6% and a weighted-average risk rating of 3.0. TPG RE Finance Trust repurchased 1.30 million common shares for $10.8 million and carried an $80.7 million allowance for credit losses. Near-term liquidity totaled $488.2 million, and 85.2% of borrowings were non-mark-to-market, supported by a new $400.0 million Term Loan B due 2033, a $100.0 million revolver due 2031, expanded bank credit facilities, and the redemption of $597.8 million of TRTX 2022-FL5 investment-grade bonds.
TPG RE Finance Trust, Inc. furnished an investor presentation in connection with REITweek 2026 that outlines its first-quarter 2026 financial and portfolio profile. The company declared a $0.24 common dividend for 1Q26, supported by GAAP income of $0.19 per diluted share and Distributable Earnings of $0.25 per diluted share.
At March 31, 2026, book value per common share was $11.06 and the annualized dividend yield based on the May 29, 2026 share price was 11.4%. The commercial real estate loan portfolio totaled $4.3 billion of commitments with 99.6% floating-rate exposure, a 7.10% weighted average all-in yield and a 65.5% weighted average loan-to-value ratio.
The presentation highlights 1Q26 originations of $148.4 million versus $123.6 million of repayments, available liquidity of $172.8 million, and a 3.1x Debt-to-Equity Ratio. The company reports 77.9% of its financing as non-mark-to-market and a weighted average loan risk rating of 3.0, indicating a medium risk profile across 50 loans.
TPG RE Finance Trust, Inc. reported the results of its 2026 annual stockholder meeting. Stockholders elected eight directors to serve until the 2027 annual meeting, with each nominee receiving more votes for than withheld.
Investors also ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026. In addition, stockholders approved, on a non-binding advisory basis, the compensation of the company’s named executive officers.
TPG RE Finance Trust, Inc. entered into a new senior secured credit agreement providing a $400 million Term Loan B and a $100 million revolving credit facility. The company plans to use the proceeds to repay existing debt, help redeem its TRTX 2022-FL5 collateralized loan obligation, and for general corporate purposes.
The Term Loan B matures on May 14, 2033 and bears interest at Term SOFR plus 2.75% (or a base rate plus 1.75%), with quarterly principal amortization of 0.25% of the original amount starting in late 2026. The revolving facility matures on May 14, 2031 and bears interest at Term SOFR plus 2.00% (or a base rate plus 1.00%) without scheduled amortization. Obligations are guaranteed by certain subsidiaries and secured by substantially all of the company’s and certain subsidiaries’ assets subject to related liens.
TPG RE Finance Trust, Inc. reported solid first-quarter 2026 results, with GAAP net income attributable to common stockholders of $15.2 million, or $0.19 per diluted share, and Distributable Earnings of $19.5 million, or $0.25 per diluted share, comfortably covering its $0.24 common dividend. Book value per common share was $11.06 as of March 31, 2026, essentially flat versus $11.07 at year-end 2025.
The company emphasized a 100% performing loan portfolio totaling $4.3 billion of commitments and reduced office loan exposure to less than 5%, with nearly 70% of loans originated after January 2023 and backed mainly by multifamily and industrial properties. Weighted average all-in yield was 7.10% and weighted average loan-to-value was 65.5%.
Liquidity stood at $172.8 million, including $77.0 million of investable cash and $39.7 million of undrawn secured capacity, while non-mark-to-market borrowings represented 77.9% of total borrowings and the Debt-to-Equity Ratio was 3.1x. The allowance for credit losses was $77.1 million, or 179 basis points of total loan commitments. The company repurchased 556,592 shares for $4.5 million in the quarter and a further 493,000 shares for $4.0 million after quarter-end, and originated new first mortgage loans with $148.4 million of commitments while receiving $123.6 million of repayments.
TPG RE Finance Trust is using a March 2026 investor presentation to outline fourth-quarter and full-year 2025 results and its lending strategy. For 4Q25, net income attributable to common stockholders was $0.2 million, or $0.00 per diluted share, while Distributable Earnings reached $18.5 million, or $0.24 per diluted share, matching the quarterly common dividend of $0.24.
For 2025, Distributable Earnings were $76.8 million, or $0.97 per diluted share, against common dividends of $0.96 per share. Book value per common share was $11.07 as of December 31, 2025, and the common dividend implied an 11.3% annualized yield based on a February 25, 2026 share price of $8.46.
The loan investment portfolio totaled $4.3 billion of commitments with $4.1 billion outstanding, a weighted average all-in yield of 7.15% and 99.7% floating-rate exposure. The company increased its Debt-to-Equity ratio from 2.14x to 3.02x over 2025, while keeping 82% of its financing non‑mark‑to‑market and maintaining a weighted average loan risk rating of 3.0.
TPG RE Finance Trust reported 2025 results showing modest profitability and active portfolio growth. GAAP net income attributable to common stockholders was $45.5 million, or $0.57 per diluted share, while Distributable Earnings reached $76.8 million, or $0.97 per diluted share.
The company declared common dividends of $0.96 per share for 2025 and ended the year with book value of $11.07 per share. It originated $1.9 billion of first mortgage loans, bringing the loan investment portfolio to $4.3 billion with a weighted average all‑in yield of 7.15% and 100% of loans performing.
Credit quality remained stable with a weighted average risk rating of 3.0, although the CECL allowance increased to $77.4 million, or 180 bps of total loan commitments. TRTX also executed two CRE CLOs totaling $2.2 billion, maintained $143.0 million of near‑term liquidity, and kept 82.0% of borrowings on non‑mark‑to‑market financing.
TPG RE Finance Trust, Inc. (TRTX) entered into a new commercial real estate collateralized loan obligation, TRTX 2025-FL7, through Cayman and U.S. issuing subsidiaries. The FL7 Issuers sold multiple classes of notes and issued 78,375 preferred shares with a $1,000 per share liquidation preference to an indirect TRTX subsidiary for risk retention.
Proceeds finance a pool of commercial real estate loans and participations, repay warehouse and other pre-closing financing, fund reserves, and support two delayed collateral interests. The FL7 cut-off date collateral interests represented about 30.2% of TRTX’s loan investment portfolio and had an aggregate principal balance of approximately $1,100 million as of mid-October 2025.
The FL7 Offered Notes are limited-recourse and secured primarily by the CLO collateral, with monthly interest beginning in December 2025 and stated maturity in June 2043. A 30‑month reinvestment period permits adding qualifying collateral. Note protection tests based on par value and interest coverage (set at 112.64% and 120.00% thresholds) can redirect cash flow to pay down senior notes. TRTX’s external manager serves as collateral manager and waives a 0.1% annual collateral management fee while it remains the company’s external manager.
TPG RE Finance Trust, Inc. (TRTX) filed a current report noting that its Chief Executive Officer, Doug Bouquard, and Interim Chief Financial Officer and Chief Accounting Officer, Brandon Fox, will discuss the company’s strategy and operations in investor meetings at the Citizens JMP Securities Financial Services and Real Estate Conference. The company has made the related investor presentation available as Exhibit 99.1. The materials are being furnished under Regulation FD, are not deemed filed for liability purposes under the Exchange Act, and will only be incorporated into other securities documents if specifically referenced.
TPG RE Finance Trust, Inc. (TRTX) furnished its third‑quarter 2025 results. The company announced financial results for the quarter ended September 30, 2025 and provided a supplemental financial presentation. These materials are included as Exhibits 99.1 and 99.2.
The disclosure was made under Item 2.02 and is being furnished, not filed, which limits its use under certain Exchange Act provisions. TRTX’s securities listed on the NYSE include Common Stock (TRTX) and 6.25% Series C Cumulative Redeemable Preferred Stock (TRTX PRC).
TPG RE Finance Trust, Inc. (TRTX) appointed Edward “Ted” Goldthorpe to its board of directors effective October 22, 2025. He will serve on the audit and nominating and corporate governance committees. The appointment adds an experienced credit and alternative asset management executive to the board.
On October 23, 2025, the company entered into an indemnification agreement with Mr. Goldthorpe in the form previously filed, providing indemnification to the maximum extent permitted by Maryland law. As a non-management director, he will be compensated under the director compensation policy described in the company’s April 9, 2025 proxy statement. The company states there are no arrangements or understandings pursuant to which he was selected and no related-party transactions requiring disclosure under Item 404(a).
TPG RE Finance Trust, Inc. disclosed that Brandon Fox will assume the role of interim Chief Financial Officer effective October 1, 2025. The filing notes Mr. Fox will take on day-to-day CFO duties and summarizes his prior roles: senior director and director positions at TPG (2017–2019), multiple accounting and finance roles at Healthpeak Properties from 2007 to 2017, and leadership of management company accounting and financial reporting for certain TPG funds. Mr. Fox holds an MBA from the University of Chicago Booth School of Business, BS degrees in accountancy and information systems, and is a Certified Public Accountant (inactive) in California. The item references a press release dated September 15, 2025, and states this Form 8-K will not be incorporated by reference into registration statements.
TPG RE Finance Trust, Inc. announced that its board of directors has approved a new share repurchase program authorizing the company to buy back up to $25.0 million of its common stock. The common shares may be repurchased from time to time on the open market or through privately negotiated transactions, including under Rule 10b5-1 trading plans. This new authorization follows a prior $25.0 million repurchase program, whose remaining capacity was fully used during the third quarter of 2025.