| Cash Flow | 2025-09-30 |
|---|---|
| Net income | 56,343 |
| Amortization and accretion of premiums, discounts and loan origination fees, net | 3,246 |
| Amortization of deferred financing costs and debt issuance discount | 4,605 |
| Depreciation and amortization | 10,127 |
| Amortization of above and below-market leases | -26 |
| Accrued pik interest | 505 |
| Collection of accrued pik interest | 0 |
| Gain on sale of real estate owned, net | 6,970 |
| Stock compensation expense | 5,405 |
| Increase (decrease) of allowance for credit losses, net (see note 3) | 2,594 |
| Accounts receivable | 852 |
| Accrued interest and fees receivable | 4,573 |
| Accrued expenses and other liabilities | 2,015 |
| Accrued interest payable | -618 |
| Payable to affiliates | 126 |
| Deferred revenue | 58 |
| Other assets | -1,221 |
| Net cash provided by operating activities | 65,704 |
| Origination and acquisition of loans held for investment | 928,227 |
| Advances on loans held for investment | 30,191 |
| Principal repayments of loans held for investment | 493,308 |
| Capital expenditures related to real estate owned | 2,592 |
| Sale of real estate owned | 39,443 |
| Sales of loans held for investment | 0 |
| Net cash (used in) provided by investing activities | -428,259 |
| Payments on collateralized loan obligations | 415,306 |
| Proceeds from collateralized loan obligations | 960,094 |
| Payments on secured financing agreements/payments on asset-specific financing arrangements-Secured Credit Agreements | 901,191 |
| Proceeds from secured financing agreements-Secured Credit Agreements | 810,411 |
| Payments on secured financing agreements/payments on asset-specific financing arrangements-Other Secured Debt | 157,390 |
| Proceeds from asset-specific financing arrangements | 76,125 |
| Payment of deferred financing costs | 12,379 |
| Payment of costs from warrant exercise and issuance of common stock | 0 |
| Payments to retire common stock | 24,962 |
| Payments of costs from issuance of common stock | 54 |
| Dividends paid-Common Stock Undefined Class | 59,377 |
| Dividends paid-Preferred Stock Undefined Class | 9,440 |
| Net cash provided by (used in) financing activities | 266,531 |
| Net change in cash, cash equivalents, and restricted cash | -96,024 |
| Cash and cash equivalents at beginning of period | 190,483 |
| Cash and cash equivalents at end of period | 94,459 |
TPG RE Finance Trust, Inc. (TRTX-PC)
TPG RE Finance Trust, Inc. (TRTX-PC)