{"schema_version":"secwatch.filing_event.v1","accession":"0001630472-23-000030","form_type":"8-K","ticker":"TRTX","cik":"0001630472","company_name":"TPG RE Finance Trust, Inc.","filed_at":"2023-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.842520+00:00","generated_at":"2026-06-09T04:45:21.366763+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"TRTX Q3 GAAP loss $0.83/share; book value drops to $12.04; loan sales losses $109.4M","bullets":["GAAP net loss attributable to common stockholders of $64.6M ($0.83 diluted EPS) vs. prior quarter loss.","Book value per share fell from $13.10 to $12.04 QoQ; CECL reserve $236.6M (560 bps of commitments).","Sold two loans with combined loss of $109.4M; total loan sales UPB of $174M during Q3.","Declared $0.24/share common dividend; distributable earnings loss of $1.33/share (negative coverage).","Weighted avg risk rating stable at 3.2; non-accrual loans $318.1M (down from $546.7M prior quarter)."],"urls":{"canonical":"https://secwatch.observer/filing/0001630472-23-000030","json":"https://secwatch.observer/filing/0001630472-23-000030.json","markdown":"https://secwatch.observer/filing/0001630472-23-000030.md","text":"https://secwatch.observer/filing/0001630472-23-000030.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1630472/000163047223000030/0001630472-23-000030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1630472/000163047223000030/trtx-20231031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T04:45:21.366763+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b10282e3c564a2d508994c6f30d971bf57aedd88","claim":"TPG RE Finance Trust, Inc. reported third quarter ended September 30, 2023 results: net income ($64.6) million, or ($0.83) per common share, EPS ($0.83) per common share.","evidence_excerpt":"TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended September 30, 2023 October 31, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1630472/000163047223000030/0001630472-23-000030-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Net income","value":"($64.6) million, or ($0.83) per common share"},{"label":"EPS","value":"($0.83) per common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}