TPG RE Finance Trust
TRTX
About: TPG RE Finance Trust Inc is a commercial real estate finance company. It originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments consisting 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. The company's objective is to provide attractive risk-adjusted returns to its stockholders over time through cash distributions and capital appreciation. It focuses on directly originating and selectively acquiring floating rate first mortgage loans that are secured by high quality commercial real estate properties undergoing some form of transition and value creation.
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
2,925% more call options, than puts
Call options by funds: $32.9M | Put options by funds: $1.09M
54% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 41
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
0.01% more ownership
Funds ownership: 77.69% [Q1] → 77.7% (+0.01%) [Q2]
7% less capital invested
Capital invested by funds: $513M [Q1] → $479M (-$33.8M) [Q2]
7% less funds holding
Funds holding: 147 [Q1] → 136 (-11) [Q2]
43% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 23
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Wells Fargo
Donald Fandetti
|
$11
|
Overweight
Maintained
|
31 Jul 2025 |
Financial journalist opinion
Based on 7 articles about TRTX published over the past 30 days