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Commitments & Contingencies
 9 Months Ended
Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Commitments & Contingencies Commitments & Contingencies
Commitments
In the ordinary course of business, the Company may enter into future funding commitments. As of September 30, 2024, the Company had unfunded commitments on a delayed draw term loan of $112.7 million. As of September 30, 2024, the Company’s unfunded commitments consisted of the following:
Portfolio Company NameInvestment TypeCommitment TypeTotal CommitmentRemaining Commitment
26 W 9th Street LLCSenior MortgageDelayed Draw$25,210 $9,770 
26 W 9th Street LLCMezzanineDelayed Draw2,801 1,074 
AVR Eugene Hotel LLCSenior MortgageDelayed Draw12,598 3,629 
Blue Suede Hospitality GroupSenior MortgageDelayed Draw19,510 1,174 
Grand Cypress Apartments, LLCSenior MortgageDelayed Draw50,000 3,120 
Hallandale Oasis 2019 LLCSenior MortgageDelayed Draw23,098 17,599 
Hallandale Oasis 2019 Holdings LLCMezzanineDelayed Draw8,772 4,480 
Paraiso 256, LLCSenior MortgageDelayed Draw29,896 3,601 
SL 418, LLCSenior MortgageDelayed Draw48,701 2,316 
WHK Waterfront Urban Renewal LLCSenior MortgageDelayed Draw50,000 46,810 
WHK Waterfront Mezz LLCMezzanineDelayed Draw19,091 19,091 
Total$289,677 $112,664 
Litigation and Regulatory Matters
In the ordinary course of business, the Company may become subject to litigation, claims, and regulatory matters. The Company has no knowledge of material legal or regulatory proceedings pending or known to be contemplated against the Company at this time.
Indemnifications
In the ordinary course of its business, the Company may enter into contracts or agreements that contain indemnifications or warranties. Future events could occur that lead to the execution of these provisions against the Company.