$TPG RE Finance Trust Inc (TRTX.US)$ NEWS TPG RE Finance Trust, Inc. reported a successful first quarter with $371 million of available liquidity and a 100% performing loan portfolio. The company recognized GAAP net income of $13.1 million, declared a cash dividend of $0.24 per share, and originated three first mortgage loans totaling $116.3 million. They ended the quarter with $370.7 million of near-term liquidity and received a full loan repayment of $44.5 million. The Board approved a $25 mill...
The analyst predicts choppy quarters ahead with downside risks. Concerns are raised about TRTX's potential credit issues despite cleanup efforts. BrightSpire's rental incomes may be impacted by Sunbelt region's multifamily property oversupply. Ares Commercial's borrowers could struggle to refinance loans due to higher rates and lower valuations.
TPG RE Finance Trust Inc Stock Forum
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TPG RE Finance Trust, Inc. reported a successful first quarter with $371 million of available liquidity and a 100% performing loan portfolio. The company recognized GAAP net income of $13.1 million, declared a cash dividend of $0.24 per share, and originated three first mortgage loans totaling $116.3 million. They ended the quarter with $370.7 million of near-term liquidity and received a full loan repayment of $44.5 million. The Board approved a $25 mill...
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