joining the Good it. morning, Appreciate And everyone. you Deborah. you, for thank Thank call.
of provides team me TPG integrated TRTX to debt among and as to depth group the access strategies of broad firm. perspective across AUM and CEO, been into real more with with a talented thank billion real in across investing estate my broadly first breadth the TPG's first TPG's I platform. $XX I group the connectivity welcoming equity the a quarter just such and entire complete collaborate of estate It's colleagues, pleasure the for want and global TRTX Furthermore, As a comprised landscape.
discuss market In an tame regarding and nearly of classes, policies to quarter. like have slow attempt the over intensified. the the growth economic real has the estate no begun I'd bank across central forward The asset uncertainty have First, liquidity to exception. has inflation, economy spread of effects path and frankly, all to been tightening past
plans in seen TRTX begun outcomes market, in the the and bolstered our us originations a Within have to the allowed structure, head slowed two reduction we find widening more friendly Earlier lender deterioration event modest And and/or ourselves part a our assumptions. put, negative Simply the estate and of half intentionally to year, observe as do this real capital to readjusting lending business further in the leverage, deploy of this to more ample portfolio. take environment and and of advantage liquidity. favourable second the cycle. at year, credit cushion a terms market of we've provide investing two, and with credit in spreads, One, we has of loan begun more decision in has we things.
concerns, market consistent CECL sector. is move office specific was the the more we report reserve trends it. credit this our materially risk did loan quarter, our particularly transparent While increase reflect shift approach and the to within quarter, rating muted than broader to prior with deteriorating This
with maturity billion, extensions $X.X totaling loans or end. between and XX have now dates we year context, For
second approach, as half during As such, the to that near outcomes particularly I XXXX. may term range vary want maturities of expected potential highlight of the significantly
risk on management continue the with and to the position credit and our the issue value broken incredibly resolution, $XXX will reinvestment move of of laser in available loans of Consistent on and of prior continue CRE potential to we -- credit out be issues approach we toward our focused million conservatism credit existing shareholders. focused evolve, liquidity. markets As for be and maximizing potential ended $XXX our our cash more the quarter, million total and That's liquidity than capacity million quarter $XXX within CLOs. with steadfast
funding CLO complement allows note-on-note we on existing addition, term new us repurchase our And from this facilities. our to closed non CRE mark-to-market provide In diversify have lending. market term and and facilities for financing away that the
Regarding XX% XX% received split which of is during our and repayments and between million, XX% total existing remaining $XXX quarter, are the we portfolio, the lifestyles mixed of multifamily hotel, office, loan primarily comprised loan of amounts a use.
can at for look the market slip uncertainty, lenders skew it repayment our subsequent including as challenge or picture, be by the two may And it metrics into of you any a where these repayment a a quarter, to by take TRTX. individual will function quarter. continue a week timing especially If predicting
are with loans one of loan QX have the four necessarily to was that in into provide today's $XXX environment. resolutions a on million a this a attractive I the to convention outcomes predictor to on pleased were that risk ability loan hotel. to rated reinforce repaid range of just today's not highlight losses. ratings centre the we in However, redeploy respect highlight of increasingly To lending capital one market,
full addition, repayments, $XXX million end, of loan we office since of In received which loans. quarter both were
metrics our credit investment the of of with to comparable population, new loans those loans another of originations. an new sheet. spread multifamily, XX% have end velocity ended, X.XX%. average the And of were we within originations under to with $XXX million origination of month quarters the sorry, term the Consistent we and loans. weighted quarter focus, the with and that side, during loans since Term July, average second SOFR XX% increased loan investment of also we On multifamily executed quarter articulated, closed million origination of LTV plus the Furthermore, $XXX XX% $XXX million at a consistent and post meaningfully quarters the previously prior another are loans with of committed approach,
and we consistent markets in I remain favoring In borrowers. terms in say institutional general would of multifamily industrial with our focus, credits that select again,
that have of attractive shareholders, options. currently our now returns property exposure conviction present most terms as sectors the of risk type We XX% flexibility adjusted the loan in multifamily also our on our our while for is high Based these financing today, most commitments. afforded of portfolio largest at
TRTX's interest regard interest portfolio would with highlight rates. to to now Lastly, like in is short rates, increases to exposed positively that I term
rates short share context For as June quarterly going benchmark term is to result in forward. a of X% increase basis $X.XX in per expected a on XX, additional
been three been about I'm in new able only for While of my very in role period accomplish I've excited time. to months, short what a we've
for do lending prudently deploy earnings, position pipeline materially in so. transactions. the shareholders ourselves benefit summary, of to a believe and improved Our origination we're our increase In favor, the to well-positioned I boost of appropriate. mission is conditions when to strong quarterly capital TRTX's dividend have have we
over provide capacity turn With liquidity ratio our it target. and $XXX to over Bob that ample equity to stable more sustained of that, have base support million We a And with results. I growth. is financing a to will debt on have our we to detail well below
