TPG RE Finance Trust, Inc. announced the closing of TRTX 2025-FL7, a $1.1 billion commercial real estate Collateralized Loan Obligation.
The company placed approximately $957.0 million of investment grade securities with institutional investors.
TRTX 2025-FL7 includes a 30-month reinvestment period, an advance rate of 87.0%, and a weighted average interest rate at issuance of Term SOFR plus 1.67%.
Closure of TRTX 2025-FL7
TPG RE Finance Trust, Inc. closed TRTX 2025-FL7, a $1.1 billion managed CRE CLO.
Redemption of TRTX 2021-FL4
Redemption of TRTX 2021-FL4 is expected to generate net cash proceeds of approximately $58.5 million.
Key Financial Institutions Involved
Goldman Sachs & Co. LLC and other major financial institutions played key roles in the transactions.
- TPG RE Finance Trust, Inc. closed TRTX 2025-FL7, a $1.1 billion managed CRE CLO, providing term financing with favorable terms.
- The redemption of TRTX 2021-FL4 is expected to result in net cash proceeds of approximately $58.5 million for investment and corporate purposes.
Despite the risks and uncertainties, the successful closing of TRTX 2025-FL7 signals a positive direction for TRTX in its commercial real estate finance operations.