TPG RE Finance Trust

TRTX

Market cap $716M

Investors interested in Real Estate - Operations stocks are likely familiar with TPG RE Finance Trust (TRTX) and FirstService (FSV). But which of these two stocks presents investors with the better value opportunity right now?

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that the Company's Board of Directors has declared a cash dividend of $0.24 per share of common stock for the fourth quarter of 2025. The dividend will be payable on January 23, 2026 to common stockholders of record as of December 26, 2025. ABOUT TRTX TRTX is a commercial real estate finance company that originates, acquires, and manages primarily first mortgage loans secured by institut.

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the Company's Board of Directors declared a cash dividend of $0.3906 per share of 6.25% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) for the fourth quarter of 2025. The Series C Preferred Stock dividend is payable on December 30, 2025 to preferred stockholders of record as of December 19, 2025. ABOUT TRTX TRTX is a commercial real estate finance company.

Investors interested in Real Estate - Operations stocks are likely familiar with TPG RE Finance Trust (TRTX) and FirstService (FSV). But which of these two stocks offers value investors a better bang for their buck right now?

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) announced today that it closed TRTX 2025-FL7, a $1.1 billion managed Commercial Real Estate Collateralized Loan Obligation (“CRE CLO”). The Company placed approximately $957.0 million of investment grade securities with institutional investors providing term financing on a non-mark-to-market, non-recourse basis. TRTX 2025-FL7 includes a 30-month reinvestment period, an advance rate of 87.0%, and a weigh.

CION, IVZ, TRTX and WPC stand out with strong shareholder yield, blending income, buybacks and debt reduction for portfolio defense.

TRTX, PFBC and BPOP made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 17, 2025.

Investors interested in stocks from the Real Estate - Operations sector have probably already heard of TPG RE Finance Trust (TRTX) and FirstService (FSV). But which of these two stocks offers value investors a better bang for their buck right now?

TPG RE Finance Trust trades at a significant discount to book value and is paying out a covered 11% dividend yield. The Series C Preferreds currently yield 8.8% and trade at a 30% discount to liquidation value, providing an attractive risk-reward profile. Despite lower Fed funds rates, TRTX preferreds have dipped versus their year-ago level as long-term Treasury yields remain elevated.

PMT, TRTX and APAM made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 31, 2025.