The following table represents the Company's investment portfolio as of September 30, 2024:


	Investments at Cost		Investments at Fair Value		Fair Value Percentage of Total Portfolio
Senior Mortgage	$	494,644	$	499,983	95.5	%
Mezzanine	9,038		9,181		1.8	%
Real Estate Securities	13,841		13,881		2.7	%
Total	$	517,523	$	523,045	100.0	%

The following table shows the investment portfolio composition by industry grouping based on fair value at September 30, 2024:


	At September 30, 2024
	Investments at Fair Value		Percentage of Total Portfolio
Multifamily	$	410,820	78.5	%
Hospitality	91,667		17.5	%
Self Storage	15,556		3.0	%
Industrials	5,002		1.0	%
Total	$	523,045	100.0	%