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Real Estate Assets Held for Sale
9 Months Ended
Mar. 31, 2023
Real Estate Assets Held for Sale [Abstract]  
Real Estate Assets Held for Sale
3)
Real Estate Assets Held for Sale

The Company’s real estate assets held for sale as of March 31, 2023, with comparative information as of June 30, 2022, are as follows ($ in thousands) (unaudited):

   
March 31, 2023
   
June 30,  2022

                                               
   
Number
of Assets
   
Gross Value
   
Closing and
Other Costs
   
Net Value
   
Number
of Assets
   
Gross Value
   
Closing and
Other Costs
   
Net Value

                                                 
Single-family homes
   
0
   
$
-
   
$
-
 
$
-
     
1
   
$
28,000
    $ (1,680 )  
$
26,320

                                                               
Other real estate assets:
                                                       
Secured loans
   
1
     
156
     
-
   
156
     
2
     
972
     
(40
)
   
932

Other properties
   
2
     
2,300
     
(268
)
   
2,032
     
2
     
2,000
     
(190
)
   
1,810

Subtotal
   
3
     
2,456
     
(268
)
   
2,188
     
4
     
2,972
     
(230
)
   
2,742
 
                                                               
Total
   
3
   
$
2,456
   
$
(268
)
  $ 2,188      
5
   
$
30,972
   
$
(1,910
)
 
$
29,062


As of March 31, 2023, the loan is secured by a property located in the state of Ohio and the other properties are located in the state of Hawaii and the state of New York. As of March 31, 2023, the property located in the state of New York was under contract. See Note 15.

During the three months ended March 31, 2023, the Company sold one single-family home and settled one secured loan for approximately $25,400,000 in the aggregate. During the three months ended March 31, 2022, the Company  settled one secured loan for approximately $725,000.

During the nine months ended March 31, 2023, the Company sold one single-family home and settled one secured loan for approximately $25,400,000 in the aggregate. During the nine months ended March 31, 2022, the Company sold four single-family homes and settled two secured loan for net proceeds of approximately $64,405,000 in the aggregate.