Investor Presentaiton
Loan Portfolio Overview as of September 30, 2023
Well-diversified and granular portfolio comprised of over 99% senior loans with a weighted average stabilized LTV
at origination of 63.3%*.
KEY PORTFOLIO STATISTICS
Outstanding Principal Balance
$2.9 billion
Total Loan Commitments
PROPERTY TYPE(1)
Industrial, 4.1%
Other, 3.2%
Hotel, 6.6%
Retail, 9.9%
$3.1 billion
Number of Investments
77
Average UPB
Realized Loan Portfolio Yield**
~$37.9 mil
8.4%
Multifamily,
32.5%
Office, 43.7%
REGION
Weighted
Average Stabilized LTV*
63.3%
West,
12.5%
Midwest,
15.9%
Northeast,
26.6%
Weighted Average Fully-
1.8 years
Extended Remaining Term(2)
Southwest, Southeast,
21.0%
24.0%
* See definition in the appendix.
** See definition in the appendix. Includes nonaccrual loans.
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