| Schedule of Real Estate Properties |
A summary of our REO assets is as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | | Multifamily | | Office | | Land | | Total | | Multifamily | | Office | | Land | | Total | | Land | $ | 81,364 | | | $ | 13,599 | | | $ | 7,947 | | | $ | 102,910 | | | $ | 29,171 | | | $ | 13,599 | | | $ | 7,947 | | | $ | 50,717 | | | Building and intangible assets | 234,375 | | | 41,670 | | | — | | | 276,045 | | | 99,812 | | | 35,561 | | | — | | | 135,373 | | Less: Impairment loss | — | | | (2,500) | | | — | | | (2,500) | | | — | | | (2,500) | | | — | | | (2,500) | | Less: Accumulated depreciation and amortization | (8,222) | | | (3,047) | | | — | | | (11,269) | | | (4,497) | | | (2,550) | | | — | | | (7,047) | | | Real estate owned, net | $ | 307,517 | | | $ | 49,722 | | | $ | 7,947 | | | $ | 365,186 | | | $ | 124,486 | | | $ | 44,110 | | | $ | 7,947 | | | $ | 176,543 | |
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