TPG RE Finance Trust, Inc. announces an Equity Buyback for $25 million worth of its shares.
April 30, 2024 at 09:08 pm
Share
TPG RE Finance Trust, Inc. (NYSE:TRTX) announces a share repurchase program. Under the program, the company will repurchase up to $25 million worth of its shares.
TPG RE Finance Trust, Inc. is a commercial real estate finance company that originates, acquires, and manages primarily first mortgage loans secured by institutional properties located in primary and select secondary markets in the United States. It is externally managed by TPG RE Finance Trust Management, L.P., a part of TPG Real Estate. The Company conduct its operations primarily through its wholly owned subsidiary, TPG RE Finance Trust Holdco, LLC. Its principal business activity is to directly originate and acquire a diversified portfolio of commercial real estate related assets, consisting primarily of first mortgage loans and senior participation interests in first mortgage loans secured by institutional-quality properties in primary and select secondary markets in the United States. It invests primarily in commercial mortgage loans and other commercial real estate-related debt instruments. The Company's portfolio consists approximately 53 loans, which are held for investment.
TPG RE FINANCE TRUST, INC. 
