TPG RE Finance Trust, Inc. is a US commercial real estate finance company investing in a diverse portfolio of commercial mortgage loans. As a qualified real estate investment trust, the company is exempt from federal corporate income taxes provided it distributes 90% of its taxable income to stockholders. Based in New York since 2014, TPG RE Finance Trust invests in sectors including life science, industrial, office, multifamily, hospitality, retail and mixed-use properties.