TPG RE Finance Trust, Inc. (TRTX) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the TPG Real Estate Finance Trust second quarter 2026 earnings conference call. At this time, all participants will be in a listen-only mode. A question and answer session will follow the formal presentation. If you would like to ask a question, please press star 1 on your telephone keypad. A confirmation tone will indicate your line is in the question queue. You may press star 2 to remove yourself from the queue. For participants using speaker equipment, it may be necessary to pick up the handset before pressing the star keys. Please note this conference is being recorded. I will now turn the conference over to Ashben Rayo. You may begin. Thank you. Good morning and welcome to the TPG Real Estate Finance Trust earnings call for the second quarter of 2026. Today I'm joined by Doug Bouquard, our Chief Executive Officer, our Interim Chief Financial Officer, and Ryan Roberto, our Head of Portfolio Management and Capital Markets. Doug, Brandon, and Ryan will provide commentary regarding the company, its performance, and the general economy, and will answer questions from call participants. Yesterday afternoon, we filed our Form 10-Q, issued a press release, and shared an earnings supplemental, all of which are available on the company's website in the investor relations section. This morning's call and webcast are being recorded. Thank you for joining us today. For discussion of risks that could affect results, please see the risk factors section of the company's latest Form 10-K and Form 10-Q. The company does not undertake any duty to update our forward-looking statements unless required to do so by law. We will refer during today's call to certain non-GAAP financial measures, which are reconciled to GAAP amounts in our Form 10-Q, our earnings release, and i...