1315_Nareit Testimonial Bouquard_2023-06-22_V2

Doug Bouquard, CEO of TPG RE Finance Trust, Inc. (NYSE: TRTX), participated in a video interview at Nareit’s REITweek: 2023 Investor Conference, held in New York June 6-8.

Bouquard discussed steps TPG has taken in response to the pressure on real estate credit and equity markets, how active TRTX has been in terms of originating new loans, as well as some of the top priorities for the rest of 2023 and into 2024.

During the interview, Bouquard noted that:

  • Liquidity, and being part of a large real estate platform, have been critical factors in navigating the current climate. Being front-footed and objective about what’s happening in the markets has also been important. Going forward, TRTX will follow those same guiding principles.
  • Since the end of March 2022, TRTX has deployed about $1.4 billion of debt capital. TRTX has been primarily focused on multifamily. It is also increasingly looking at industrial lending and seeing transactions that it likes.
  • TRTX has been excited about the opportunity set ahead of it, despite challenges in the real estate credit markets. “That’s why we’ve been very focused on resolving and recycling our capital so that we can deploy fresh capital.”