Name | Value |
---|---|
Revenues | 26.4M |
Cost of Revenue | 3.1M |
Gross Profit | 23.3M |
Operating Expense | 2.0M |
Operating I/L | 2.4M |
Other Income/Expense | -63.6M |
Interest Income | 90.0M |
Pretax | -61.2M |
Income Tax Expense | 0.0M |
Net Income/Loss | -61.2M |
TPG RE Finance Trust, Inc. is a commercial real estate finance company that specializes in originating, acquiring, and managing commercial mortgage loans and other real estate-related debt instruments in the United States. The company invests in a variety of commercial real estate debt instruments, including mortgage loans, mezzanine loans, real estate securities, note financing, and commercial mortgage-backed securities. It focuses on properties in the office, multifamily, life science, mixed-use, hospitality, industrial, and retail real estate sectors. As a real estate investment trust, it benefits from tax advantages by distributing at least 90% of its taxable income to stockholders, allowing it to avoid federal corporate income taxes.