An announcement from Tpg Re Finance ( (TRTX) ) is now available.
On March 28, 2025, TPG RE Finance Trust, Inc. closed a $1.1 billion Commercial Real Estate Collateralized Loan Obligation (CRE CLO) named TRTX 2025-FL6. This transaction involved the placement of $962.5 million of investment-grade securities with institutional investors, providing the company with term financing on a non-mark-to-market, non-recourse basis. The issuance includes a 30-month reinvestment period and resulted in net cash proceeds of approximately $191 million for investment and other corporate purposes. This move reflects TPG RE Finance’s strategic financial management and enhances its liquidity position, potentially impacting its market operations and stakeholder interests positively.
More about Tpg Re Finance
TPG RE Finance Trust, Inc. is a commercial real estate finance company that primarily originates, acquires, and manages first mortgage loans secured by institutional properties in primary and select secondary markets across the United States. The company is externally managed by TPG RE Finance Trust Management, L.P., which is part of TPG Real Estate, the real estate investment platform of global alternative asset management firm TPG Inc.
YTD Price Performance: -1.33%
Average Trading Volume: 614,108
Technical Sentiment Signal: Sell
Current Market Cap: $660.2M
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