TPG RE Finance Trust Stock (NYSE:TRTX)
Previous Close
$8.10
52W Range
$6.47 - $9.66
50D Avg
$7.81
200D Avg
$8.27
Market Cap
$651.64M
Avg Vol (3M)
$630.83K
Beta
1.67
Div Yield
$0.96 (11.76%)
TRTX Company Profile
TPG RE Finance Trust, Inc., a commercial real estate finance company, originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in the United States. It invests in commercial mortgage loans; subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments; and commercial real estate collateralized loan obligations and commercial mortgage-backed securities secured by properties primarily in the office, multifamily, life science, mixed-use, hospitality, industrial, and retail real estate sectors. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. TPG RE Finance Trust, Inc. was incorporated in 2014 and is based in New York, New York.