Investor Presentaiton

Investment Portfolio All-in Origination Maximum Loan Principal Carrying ($ IN MILLIONS) Type Date Commitment Balance Value Cash Coupon Yield at Original Term Origination (Years)* State Property Type Initial LTV Stabilized LTV* Asset 1 Senior 12/19 $111.1 $109.2 $109.1 S + 2.80% S+ 3.23% 3.0 IL Multifamily 76.5% 73.0% Asset 2 Senior 12/18 96.4 90.2 90.0 S+ 3.75% S+ 5.21% 3.0 NY Mixed-Use 26.2% 47.6% Asset 3 Senior 08/19 93.1 93.1 93.2 S + 2.85% S + 3.26% 3.0 MN Office 73.1% 71.2% Asset 4 Senior 10/19 92.6 92.6 92.6 S+ 3.30% S + 3.86% 3.0 CA Office 63.9% 61.1% Asset 5 Senior 07/19 89.8 79.8 79.7 S+ 3.74% S+ 4.32% 3.0 IL Office 70.0% 64.4% Asset 6 Senior 10/19 87.8 87.1 87.0 S+ 2.60% S+ 3.05% 3.0 TN Office 70.2% 74.2% Asset 7 Senior 12/15 86.0 84.8 84.6 S+ 4.15% S + 4.43% 4.0 LA Mixed-Use 65.5% 60.0% Asset 8 Senior 06/19 81.7 81.4 81.0 S + 3.29% S + 3.05% 3.0 TX Mixed-Use 71.7% 72.2% Asset 9 Senior 10/22 77.3 77.3 77.3 S+ 4.50% S+ 4.61% 2.0 CA Retail 47.7% 36.6% Asset 10 Senior 10/19 76.8 76.8 76.7 S+ 3.41% S+ 3.73% 3.0 FL Mixed-Use 67.7% 62.9% Asset 11 Senior 12/16 66.0 66.0 66.0 S+ 5.15% S+ 4.87% 4.0 FL Office 73.3% 63.2% Asset 12 Senior 12/19 63.7 62.1 62.0 S+ 3.50% S+ 3.28% 3.0 NY Office 68.8% 59.3% Asset 13 Senior 07/21 63.3 63.3 63.0 S + 3.05% S + 3.39% 3.0 LA Multifamily 68.8% 68.6% Asset 14 Senior 12/18 60.1 60.1 59.9 S+ 2.90% S+ 3.44% 3.0 TX Office 68.5% 66.7% Asset 15 Senior 05/22 55.5 45.8 45.5 S+ 3.29% S+ 3.70% 3.0 TX Multifamily 59.3% 62.9% Assets 16-77 Various Various $1,858.6 $1,748.1 $1,741.3 S + 3.80% S + 4.08% 3.2 Various Various 67.5% 63.4% Allowance for $(145.3) Credit Losses ** Total/Weighted Average $3,059.8 $2,917.7 $2,763.6 S + 3.72% S + 3.98% 3.2 66.4% 63.3% *See definition in this appendix. ** Due to rounding figures may not result in the totals presented. 41

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