TPG RE Finance Trust, Inc. (NYSE:TRTX) Q4 2022 Earnings Conference Call February 22, 2023 10:00 AM ET
Company Representatives
Doug Bouquard - Chief Executive Officer
Bob Foley - Chief Financial Officer
Deborah Ginsberg - Vice President, Secretary, General Counsel
Conference Call Participants
Stephen Laws - Raymond James
Richard Shane - JP Morgan
Steve Delaney - JMP Securities
Eric Hagen - BTIG
Aaron Seganovic - Citi
Don Fandetti - Wells Fargo
Operator
Greetings, and welcome to the TPG RE Finance Trust, Fourth Quarter 2022 Earnings Conference Call. At this time all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions]. As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Deborah Ginsberg, Vice President, Secretary and General Counsel. Thank you, Deborah. You may begin.
Deborah Ginsberg
Good morning, and welcome to TPG Real Estate Finance Trust conference call for the fourth quarter and full year 2022. I'm joined today by Doug Bouquard, Chief Executive Officer and Bob Foley, Chief Financial Officer. Doug and Bob will share some comments about the quarter and then we'll open up the call for questions.
Yesterday evening we filed our Form 10-K and issued a press release and earnings supplemental with a presentation of our operating results, all of which are available on our website in the Investor Relations section.
I'd like to remind everyone that today's call may include forward-looking statements, which are uncertain and outside of the company's control. Actual results may differ materially. For a discussion of some of the risks that could affect results, please see the Risk Factors section of our Form 10-K. We do not undertake any duty to update these statements and we’ll also refer to certain non-GAAP measures on this call, and for reconciliations you should refer to the press release and 10-K.
With that, I will turn the call over to Doug Bouquard, Chief Executive Officer of TPG Real Estate Finance Trust.
Doug Bouquard
Thank you, Deborah, I appreciate it. Good morning and thank you all for joining the call today.
The real-estate market continues to adjust to a myriad of challenges and opportunities. On one hand, tighter financial conditions, reduced liquidity and greater dispersion of risk appetite across property types and markets have put pressure on values. But on the other hand, a strong labor market and resilient economy continues to support a positive outlook on the long term fundamental real-estate valuation.