Facing a cash crunch, TPG Real Estate Finance Trust has secured a major infusion a little over two weeks after it sold off nearly $1 billion of its commercial real estate debt. The real estate investment trust announced that Starwood Capital is taking a stake in the company, providing it with up to $325 million in new capital. Greta Guggenheim, TPG RE Finance CEO, said the investment will provide the firm with “with additional liquidity and
source https://therealdeal.com/2020/05/29/tpg-re-finance-gets-325m-infusion-from-starwood/
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