Investment in Commercial Loan (Tables)

9 Months Ended

Sep. 30, 2025

The following table summarizes our investment in a commercial loan as of September 30, 2025 and December 31, 2024:

Current Principal Balance

Fair Value

in thousands

Origination Date

Loan Type

Interest Rate(1)

Periodic Payment Terms

September 30, 2025

December 31, 2024

September 30, 2025

December 31, 2024

Maturity Date

5805 N Jackson Gap Loan

1/20/2023

Mezzanine

12.48%

Interest only

12,245

13,007

12,213

12,996

2/9/2026

(1)Represents the interest rate as of September 30, 2025. The loan earns interest at Secured Overnight Financing Rate (“SOFR”) plus a spread.