TPG RE Finance Trust: Winner In mREIT Rally And Wise Income Portfolio
TPG(TPG) Seeking Alpha·2024-07-23 05:38MicroStockHub TRTX Portfolio Highlights Its loan portfolio has the following breakdown, as shown below: The following summarizes some key market characteristics for TRTX: the state Introduction TRTX is a mortgage real estate investment trust (mREIT), managed by TPG, a Global Asset Manager. Multifamily: 50% Office: 20.4% Life Sciences: 11.4% Hotel: 9.9% Notice that in 2023, the management had actively reduced the more risky exposures to Office loans and increased more Multifamily exposures. A more favorite b ...