NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) ("TRTX†or the "Company†) announced today that it closed TRTX 2025-FL7, a $1.1 billion managed Commercial Real Estate Collateralized Loan Obligation ("CRE CLO†). The Company placed approximately $957.0 million of investment grade securities with institutional investors providing term financing on a non-mark-to- market, non-recourse basis. TRTX 2025-FL7 includes a 30-month reinvestment period, an advance rate of 87.0%, and a weigh. ...

Core Insights - Three stocks are highlighted with strong buy rankings and attractive income characteristics for investors to consider on November 17th Group 1: TPG RE Finance Trust (TRTX) - TPG RE Finance Trust is a commercial real estate finance company focusing on originating, acquiring, and managing commercial mortgage loans and related debt instruments [1] - The Zacks Consensus Estimate for its current year earnings has increased by 1% over the last 60 days [1] Group 2: Preferred Bank (PFBC) - Preferred Bank is one of the largest independent commercial banks in California, targeting the Chinese-American market [2] - The Zacks Consensus Estimate for its current year earnings has risen by 5.6% over the last 60 days [2] - The company has a dividend yield of 3.3%, compared to the industry average of 3.1% [2] Group 3: Popular (BPOP) - Popular is a full-service financial services provider offering a wide range of banking and financial services [3] - The Zacks Consensus Estimate for its current year earnings has increased by 3.6% over the last 60 days [3] - The company has a dividend yield of 2.6%, which is higher than the industry average of 2.2% [4]

Core Viewpoint - TPG RE Finance Trust, Inc. reported strong third-quarter results, highlighting continued investment momentum and a robust loan pipeline that is expected to drive future growth in earnings [2][3]. Financial Performance - The company recognized GAAP net income of $18.4 million, or $0.23 per common share, for the third quarter of 2025, with a book value per common share of $11.25, up from $11.20 at the end of the previous quarter [3]. - Distributable Earnings for the quarter were $19.9 million, or $0.25 per common share [3]. - A cash dividend of $0.24 per share was declared and paid to common stockholders, with preferred stockholders receiving a quarterly dividend of $0.3906 per share [3]. Share Repurchase and Capital Management - The company repurchased 1,117,024 shares of common stock for a total of $9.3 million, increasing book value per common share by $0.04 [3]. - A new share repurchase program was approved, allowing for the repurchase of up to $25.0 million of common stock [3]. Loan Activity - In the third quarter, the company originated $279.2 million in total loan commitments, maintaining a loan portfolio that is 100% performing [2][3]. - The weighted average interest rate for newly originated loans was Term SOFR plus 3.22%, with a loan-to-value ratio of 64.9% [3]. - Loan repayments totaled $415.8 million, with the majority coming from multifamily and hotel properties [3]. Liquidity and Financial Position - The company ended the quarter with $216.4 million in near-term liquidity, including $77.2 million in cash available for investment [3]. - An allowance for credit losses was recorded at $66.1 million, a decrease from the previous quarter [3]. Subsequent Events - The company closed three first mortgage loans with total commitments of $196.5 million and announced the pricing of a $1.1 billion managed Commercial Real Estate Collateralized Loan Obligation [11].

Financial Performance - Distributable Earnings for Q3 2025 were $32.1 million, resulting in a Distributable EPS of $0.25 and an after-tax Distributable ROAE of 8.3%[10] - The company declared a Q3 2025 cash dividend of $0.23 per LADR share, representing an annual dividend yield of 8.4%[10] - Undepreciated book value per share was $13.71, net of a $0.41 per share CECL allowance[10] Balance Sheet & Capital Structure - Total liquidity stood at $879 million, including $830 million of undrawn capacity on the unsecured corporate revolver[8, 10] - The company's capitalization is comprised of 92% non-mark-to-market financing & book equity, with 88% of debt being non-mark-to-market[10, 36] - Unsecured debt accounts for 75% of total financing[8, 10, 36] - The adjusted leverage ratio is 1.7x[8, 10, 36] - The company has $3.9 billion of unencumbered assets, with 88% comprised of cash, first mortgage loans, and investment grade securities[8, 10, 38] Investment Portfolio - Investment assets & unrestricted cash totaled $4.9 billion, including $1.9 billion in first mortgage loans (40%), $960 million in CRE equity (19%), and $1.9 billion in securities (40%)[7, 10] - New loan originations in Q3 2025 reached $511 million, the largest quarterly origination volume in over three years[7, 10] - The company closed an inaugural investment grade corporate bond issuance of $500 million senior unsecured notes due 2030 at a 5.50% coupon[8, 10]

NEW YORK, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $42,400,000 Freddie Mac loan to refinance Cortland on the River, a 237-unit multifamily community in Boise, Idaho. The transaction was originated by Clint Darby and Andrew Remenschneider of Greystone, in conjunction with BMO Bank as correspondent. Located in Ada County, Cortland on the River is a mid-rise apartment community built in 2021, featuring well-appointed studio, one- and ...

Core Viewpoint - TPG RE Finance Trust (TRTX) has been upgraded to a Zacks Rank 2 (Buy), indicating an upward trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with near-term stock price movements [4][6]. - TPG RE Finance Trust is expected to earn $1.01 per share for the fiscal year ending December 2025, with no year-over-year change, but the Zacks Consensus Estimate has increased by 2.2% over the past three months [8]. Institutional Investor Influence - Institutional investors utilize earnings estimates to determine the fair value of stocks, and changes in these estimates can lead to significant stock price movements as they adjust their positions accordingly [4][5]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7][9]. - The upgrade of TPG RE Finance Trust to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

Core Viewpoint - The acquisition of Newpoint by FBRT is a strategic move to enhance income stability and long-term growth in book value per share [3]. Company Overview - FBRT has successfully closed the acquisition of Newpoint on July 1, which is a leading vertically integrated commercial real estate finance company [3]. - Newpoint specializes in loan origination, servicing, asset management, and offers a suite of agency products [3]. - Newpoint is one of only 19 multifamily originators in the U.S. approved by all three Government-Sponsored Enterprises (GSEs): Fannie Mae, Freddie Mac, and FHA/HUD [3]. Strategic Implications - The acquisition adds a scaled agency origination and servicing platform to FBRT, which is expected to enhance income stability [3]. - This move creates a pathway for long-term growth in book value per share for FBRT [3].

Core Insights - The acquisition of Newpoint by FBRT was completed on July 1, enhancing FBRT's capabilities in commercial real estate finance [3] - Newpoint is recognized as a leading vertically integrated company in the sector, providing various services including loan origination and asset management [3] - This acquisition positions FBRT to improve income stability and supports long-term growth in book value per share [3] Company Overview - FBRT's leadership includes CEO Rich Byrne, President Mike Comparato, and CFO Jerry Baglien, who participated in the recent webinar [1] - The company aims to leverage the acquisition to strengthen its agency origination and servicing platform [3] Industry Context - Newpoint is one of only 19 multifamily originators in the U.S. approved by all three Government-Sponsored Enterprises (GSEs): Fannie Mae, Freddie Mac, and FHA/HUD [3] - The acquisition reflects a strategic move within the commercial real estate finance industry to consolidate services and enhance operational capabilities [3]

Core Points - Ladder Capital Corp announced a third quarter 2025 dividend of $0.23 per share of Class A common stock [1] - The cash dividend is scheduled to be paid on October 15, 2025, to stockholders of record as of September 30, 2025 [1] - Ladder is a publicly listed, investment grade-rated commercial real estate finance company with a diversified nationwide platform [1]

Financial Performance - GAAP Net Loss attributable to common stockholders was $(170) million, or $(035) per basic common share[8, 13] - Distributable Earnings Loss was $(453) million, or $(094) per basic common share[7, 8] - Distributable Earnings Loss Before Realized Gains and Losses was $(20) million, or $(004) per basic common share[7, 8] - Book Value per Common Share was $799[7, 13] Portfolio Overview - Total Loan Portfolio Commitments amounted to $19 billion across 47 loan investments[7, 8] - The portfolio is comprised of 99% senior loans[7, 25] - Weighted Average Stabilized LTV at Origination was 647%[7, 25] - Total CECL reserve was $1551 million, representing 81% of total loan portfolio commitments[7, 8] Capitalization and Liquidity - The company had $851 million in unrestricted cash[7, 8] - Total Leverage Ratio was 21x[7, 8] - The company repurchased 125 million shares at an average price of $248 per share, totaling $31 million[8]