Our Philosophy

TRTX’s leadership have spent the majority of their careers as portfolio lenders. Decades of lending experience provides long-standing relationships with operators, equity providers and brokers, in-depth market perspectives, an understanding of how assets perform in different market conditions, and long term perspectives.

TRTX, as part of global alternative asset firm TPG, has access to TPG’s global platform and benefits from the firm’s scope of knowledge, expertise and intellectual capital. In addition to collaboration with TPG’s private equity, growth, credit, and public markets strategies, TRTX is part of TPG Real Estate and benefits from the network and market insight of TPG's Real Estate equity investing team, which invests primarily in real estate-intensive operating companies and large portfolios of commercial properties throughout the United States and Europe.

Geography
Top 25 US Markets
Property Types
All major asset classes
Loan Size
Greater than $50 Million
Leverage
Up to 85% LTV
Pricing
L + 2.50% and up
Peter Smith

Peter Smith has served as our vice president and our Manager’s head of originations since November 2016. Mr. Smith is a business unit partner of TPG and a member of our Manager’s investment committee. Mr. Smith has more than 25 years of commercial real estate debt financing experience, including transitional loans, mezzanine loans, long-term fixed rate loans, loan portfolio acquisitions, and workouts and restructurings. Prior to joining TPG in November 2016, Mr. Smith was a managing director at Ladder Capital focusing on loan originations. Mr. Smith’s prior experience includes senior positions with Credit Suisse, UBS, Credit Suisse First Boston and Heller Financial. Mr. Smith is a graduate of the University of Michigan from which he earned a B.B.A. in Accounting.

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