TPG RE Finance Trust reported a net income of $13.1 million, or $0.17 per common share, ended the quarter with $371 million of available liquidity and a 100% performing loan portfolio, and the Board of Directors approved a common stock share repurchase plan of up to $25 million.
Recognized GAAP net income attributable to common stockholders of $13.1 million, or $0.17 per common share.
Declared a cash dividend of $0.24 per share of common stock.
Originated three first mortgage loans with total loan commitments of $116.3 million.
Received loan repayments of $227.8 million, including five full loan repayments of $211.3 million.
The company focuses on asset management and opportunistically deploying capital to drive long term shareholder value.
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