secwatch.observer — SEC 8-K summary
======================================

Issuer:     TPG RE Finance Trust, Inc. (TRTX)
CIK:        0001630472
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0001630472-23-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TPG RE Finance Trust Q4 net income $32.6M ($0.42/share); full year net loss $73.6M
--------------------------------------------------------------------------------

- Q4 GAAP net income $32.6M ($0.42/diluted share); book value $14.48/share as of Dec 31, 2022.
- Full year 2022 net loss $73.6M ($0.95/share); credit loss expense $173.0M; CECL reserve $214.6M.
- Q4 originated $87M loan, received $336.5M repayments, sold office property for $78.6M.
- Liquidity $590.9M; non-mark-to-market debt 73.5% of borrowings; dividend $0.24/share.
- Subsequent events: closed two loans totaling $123.8M; received $35.2M loan repayment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1630472/000163047223000006/0001630472-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1630472/000163047223000006/trtx-20230221.htm
  HTML page:      https://secwatch.observer/filing/0001630472-23-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer