secwatch.observer — SEC 8-K summary
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Issuer:     TPG RE Finance Trust, Inc. (TRTX)
CIK:        0001630472
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001630472-22-000019
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TPG RE Finance Trust Q3 GAAP net loss $117.9M; allowance for credit losses rises $132.3M
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- GAAP net loss attributable to common stockholders of $(117.9)M, or $(1.52) per share.
- Book value per common share fell to $14.28 as of Sept 30, 2022.
- Originated and acquired $984.0M in first mortgage loans; received $371.1M in repayments.
- Allowance for credit losses increased to $225.6M (390 bps) from $93.4M (180 bps) in Q2.
- Total liquidity of $571.3M; non-mark-to-market debt at 74.9% of borrowings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1630472/000163047222000019/0001630472-22-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1630472/000163047222000019/trtx-20221101.htm
  HTML page:      https://secwatch.observer/filing/0001630472-22-000019

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