Geographic · Total unpaid principal balance

South — Total unpaid principal balance

TPG RE Finance Trust, Inc. South — Total unpaid principal balance increased by 10.0% to $906.31M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.4%, from $772.25M to $906.31M. Over 4 years (FY 2021 to FY 2025), South — Total unpaid principal balance shows a downward trend with a -10.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2019
Last reportedQ1 2026Apr 28, 2026

How to read this metric

An increase reflects growth in the active, interest-earning portfolio in the region, while a decrease indicates loan repayments, sales, or portfolio contraction.

Detailed definition

Represents the total outstanding principal amount of all commercial mortgage loans currently held in the Southern region...

Peer comparison

Commonly reported as 'Total UPB' by mortgage REITs to quantify the size of their active investment portfolio.

Metric ID: trtx_segment_south_total_unpaid_principal_balance

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.27B$1.22B$1.21B$1.17B$1.18B$1.47B$1.36B$1.32B$1.12B$981.31M$986.54M$889.40M$853.97M$857.47M$768.83M$772.25M$846.88M$729.38M$823.97M$906.31M
QoQ Change-3.7%-0.8%-2.9%+0.9%+23.9%-7.4%-3.1%-14.7%-12.6%+0.5%-9.8%-4.0%+0.4%-10.3%+0.4%+9.7%-13.9%+13.0%+10.0%
YoY Change-6.4%+20.4%+12.3%+12.1%-5.2%-33.1%-27.4%-32.4%-24.0%-12.6%-22.1%-13.2%-0.8%-14.9%+7.2%+17.4%
Range$729.38M$1.47B
CAGR-6.8%
Avg YoY Growth-7.7%
Median YoY Growth-9.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is TPG RE Finance Trust, Inc.'s south — total unpaid principal balance?
TPG RE Finance Trust, Inc. (TRTX) reported south — total unpaid principal balance of $906.31M in Q1 2026.
How has TPG RE Finance Trust, Inc.'s south — total unpaid principal balance changed year-over-year?
TPG RE Finance Trust, Inc.'s south — total unpaid principal balance increased by 17.4% year-over-year, from $772.25M to $906.31M.
What is the long-term trend for TPG RE Finance Trust, Inc.'s south — total unpaid principal balance?
Over 4 years (2021 to 2025), TPG RE Finance Trust, Inc.'s south — total unpaid principal balance has grown at a -10.2% compound annual growth rate (CAGR), from $4.89B to $3.17B.
What does south — total unpaid principal balance mean?
The total amount of principal currently owed by borrowers on loans in the Southern region.