TPG RE Finance Trust Secures $1.1 Billion CRE CLO
Deal News | Apr 04, 2025 | Ropes & Gray
Ropes & Gray has successfully advised TPG RE Finance Trust, Inc. on a significant $1.1 billion commercial real estate collateralized loan obligation (CRE CLO) transaction, which was closed on March 28, 2025. The legal advisory firm managed the transaction efficiently, completing it in less than three weeks. The complex deal involved the transfer and refinancing of 20 mortgage loans and a mezzanine loan, secured by 85 commercial properties. This transaction highlights Ropes & Gray's market leadership and expertise in structuring and executing large-scale, sophisticated real estate finance transactions under tight time constraints.
Sectors
- Commercial Real Estate Finance
- Legal Advisory
Geography
- United States – The transaction and the participants are based in the United States.
Industry
- Commercial Real Estate Finance – The transaction involves a large-scale commercial real estate loan, highlighting the industry's role in complex financing structures.
- Legal Advisory – Ropes & Gray provided legal advisory services for the complex financial transaction.
Financials
- $1.1 billion – The total value of the commercial real estate loan transaction.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| TPG RE Finance Trust, Inc. | Client | Company | A real estate finance company involved in the $1.1 billion CRE CLO transaction. |
| Ropes & Gray | Legal Advisor | Company | The law firm advising TPG RE Finance Trust on the transaction. |