TPG RE Finance Trust, Inc. Daly City — Basis spread on variable rate remained flat by 0.0% to 0.8% in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 25.0%, from 1.0% to 0.8%. Over 3 years (FY 2022 to FY 2025), Daly City — Basis spread on variable rate shows a downward trend with a -8.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests higher risk-adjusted yield or increased credit risk, while a decrease may indicate competitive pricing pressure or improved borrower credit quality.
This represents the additional margin or spread over a benchmark index, such as SOFR or LIBOR, applied to variable-rate...
Comparable to 'weighted average spread' or 'loan margin' reported by other commercial mortgage REITs.
trtx_segment_daly_city_basis_spread_on_variable_rate| FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|
| Value | 3.9% | 4% | 4% | 3% |
| YoY Change | — | +2.6% | +0.0% | -25.0% |