As of June 30, 2025, the Company had unfunded commitments on delayed draw term loans of $53.1 million. As of June 30, 2025, the Company’s unfunded commitments consisted of the following:


(in thousands)
Investment Type	Collateral Type	Commitment Type	Total Commitment		Remaining Commitment
Senior Mortgage	Multifamily	Delayed Draw	$	23,806	$	22,480
Mezzanine	Multifamily	Delayed Draw	4,596		4,340
Senior Mortgage	Multifamily	Delayed Draw	41,188		13,589
Mezzanine	Multifamily	Delayed Draw	10,196		10,196
Senior Mortgage	Multifamily	Delayed Draw	7,500		1,275
Senior Mortgage	Multifamily	Delayed Draw	7,500		1,221
Total			$	94,786	$	53,101

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.

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. Based on its history and experience, management feels that the likelihood of such an event is remote. Accordingly, the Company has not entered into any contracts and not accrued any liability in conjunction with such indemnifications.