secwatch.observer — SEC 8-K summary
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Issuer:     TPG RE Finance Trust, Inc. (TRTX)
CIK:        0001630472
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001630472-23-000022
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TRTX Q2 2023 GAAP net loss $72.7M ($0.94/share); credit loss reserve jumps to $278.3M
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- GAAP net loss attributable to common stockholders of $72.7M, or $0.94 per diluted share.
- Book value per common share fell to $13.10 from $14.31 at March 31, 2023.
- Allowance for credit losses increased by $55.9M to $278.3M (572 bps of total commitments).
- Received loan repayments of $279.1M; sold an office loan for $47.8M, incurring $24.1M loss.
- Declared common dividend of $0.24 per share; liquidity stands at $542.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1630472/000163047223000022/0001630472-23-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1630472/000163047223000022/trtx-20230801.htm
  HTML page:      https://secwatch.observer/filing/0001630472-23-000022

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