Recent 8-K filings for TRTX
Highest-materiality recent filing
TPG RE Finance closes $1.0B+ FL7 CLO, securitizing 30% of loan portfolio
- Closed TRTX 2025-FL7 CLO on Nov 17, 2025; issued ~$1.02B in notes across eight classes plus preferred shares.
- Collateral interests total ~$1.1B in principal balance as of Oct 13, 2025, representing 30.2% of Q3 2025 loan portfolio.
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TRTX posts 1Q26 distributable earnings $0.25/sh, book value $11.06, loan portfolio $4.3B
1Q26 GAAP net income attributable to common stockholders $15.2M ($0.19 diluted EPS); distributable earnings $19.5M ($0.25 diluted EPS).
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TPG RE Finance Trust closes $400M Term Loan B and $100M revolver due 2033/2031
Term Loan B: $400M, matures May 2033, priced at 99.75%, interest at Term SOFR plus 275 bps.
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TRTX Q1 GAAP EPS $0.19, Distributable EPS $0.25; out-earned dividend
GAAP net income $15.2M ($0.19/diluted share); Distributable Earnings $19.5M ($0.25/diluted share), above $0.24 common dividend.
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TRTX reports Q4 GAAP EPS $0.00, Distributable EPS $0.24; portfolio $4.3B
Q4 net income $0.2M ($0.00 diluted); Distributable Earnings $18.5M ($0.24 diluted).
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TRTX Q4 GAAP EPS $0.00, distributable earnings $0.24; full year EPS $0.57, dividend $0.96
Q4 GAAP net income to common $0.2M ($0.00/diluted); full year $45.5M ($0.57).
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TPG RE Finance closes $1.0B+ FL7 CLO, securitizing 30% of loan portfolio
Closed TRTX 2025-FL7 CLO on Nov 17, 2025; issued ~$1.02B in notes across eight classes plus preferred shares.
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TRTX Q3 GAAP EPS $0.23, distributable EPS $0.25; $3.7B loan portfolio 100% performing
GAAP net income per diluted share $0.23; distributable earnings $0.25; Q3 common dividend $0.24.
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TRTX Q3 2025: GAAP Net Income $18.4M ($0.23/sh), Distributable Earnings $0.25/sh, Book Value $11.25
GAAP net income $18.4M ($0.23/diluted share); distributable earnings $19.9M ($0.25/share).
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TPG RE Finance Trust CFO Bob Foley retiring; Brandon Fox appointed interim CFO
CFO Bob Foley will retire from TPG at year-end and become senior advisor to TPG real estate credit.
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TRTX Q2 2025 GAAP EPS $0.21, distributable EPS $0.24; loan originations $695.6M
GAAP net income $16.9M ($0.21/diluted share); Distributable Earnings $19.0M ($0.24/share).
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TRTX Q1 2025 GAAP EPS $0.12, Distributable EPS $0.24, dividend covered
GAAP net income $10.0M ($0.12/diluted share); Distributable Earnings $19.4M ($0.24/share).
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TPG RE Finance Trust closes $1.03B CLO (TRTX 2025-FL6) on $1.1B loan pool
Nine classes of notes issued totaling ~$1.03B; Class A $616M at 1.537% over benchmark, ratings AAAsf/Aaa(sf).
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TRTX prices $1.1B CRE CLO; expects $211M net proceeds from redemption of prior CLO
TRTX 2025-FL6: $1.1B CRE CLO; $962.5M investment grade securities placed with institutional investors.
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Q4 GAAP net income $6.9M ($0.09/diluted share); full year $59.7M ($0.75/share).
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TRTX Q3 GAAP EPS $0.23, Distributable EPS $0.28; dividend $0.24
GAAP net income $18.7M ($0.23/diluted share); book value $11.41/share at quarter-end.
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TPG RE Finance Q2 GAAP EPS $0.26, Distributable EPS $0.28; dividend coverage 1.2x
GAAP net income $21.0M ($0.26/diluted share); Distributable Earnings $22.3M ($0.28/share).
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GAAP net income attributable to common stockholders of $13.1M, or $0.17 per diluted share.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.85 · Median 0.65 · Most common event earnings