secwatch.observer — SEC 8-K summary
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Issuer:     TPG RE Finance Trust, Inc. (TRTX)
CIK:        0001630472
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001630472-22-000009
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TRTX Q2 2022 GAAP net loss $8.8M; credit loss allowance jumps to $93.4M
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- GAAP net loss attributable to common stockholders of $(8.8)M, or $(0.11) per share; book value per share $16.03.
- Allowance for credit losses increased to $93.4M (180 bps) from $51.1M (91 bps) sequentially.
- Originated $380.3M in loan commitments; received $757.0M in loan repayments during quarter.
- Total liquidity $771.7M; non-mark-to-market debt 73.7% of borrowings.
- Subsequent: closed/closing seven loans $557.1M; expected $4.4M loss on retail loan sale (fully reserved).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1630472/000163047222000009/0001630472-22-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1630472/000163047222000009/trtx-20220802.htm
  HTML page:      https://secwatch.observer/filing/0001630472-22-000009

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