maent
5 years ago
This could end up as a core holding. The divi is quite alluring at this price level. .43/quarter, I understand will probably not hold up under the current conditions, but this isn't like 08, the economy should hit the ground running. Of course there will be causalities, some in all sectors. But like the CV fatalities, most of these causalities will be due to more underlining issues. Poorly managed companies will do a cash grab from the bailouts and still find a way to fail. I am in here @ 3.65,3.75,5.15 and 5.45. I will continue to buy as I take profits off other trades. My plan is to have my core holdings established by May 1st. Hopefully retire off these in Jan 2021! I did pick up some XOM at 40ish. GL and Happy Easter.
crudeoil24
5 years ago
TPG RE Finance Trust, Inc. is a commercial real estate finance company. The Company is engaged in originating, acquiring and managing commercial mortgage loans and other commercial real estate-related debt instruments. It focuses primarily on directly originating and selectively acquiring floating rate first mortgage loans that are secured by high quality commercial real estate properties undergoing some form of transition and value creation, such as re-tenanting, refurbishment or other form of repositioning. As of December 31, 2016, the Company’s portfolio consisted of 54 first mortgage loans. As of December 31, 2016, 97% of the loan commitments in its portfolio consisted of floating rate loans, and 98.6% of the loan commitments in its portfolio consisted of first mortgage loans.