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| Exchange | NYSE |
|---|---|
| CurrencyCode | USD |
| ISIN | US87266M2061 |
| Sector | Real Estate |
| Industry | REIT - Mortgage |
| Beta | 1.56 |
|---|---|
| Market Cap | None |
| PE Ratio | 22.36 |
| Target Price | None |
| Dividend Yield | 5.4% |
TPG RE Finance Trust, Inc., a commercial real estate finance company, originates and acquires a portfolio of commercial real estate-related assets in the United States. It engages in directly originating and selectively acquiring first mortgage loans secured by commercial real estate properties; and invests in other commercial real estate-related debt instruments, including subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments. 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.
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