v3.25.2
Commitments & Contingencies (Tables)
 6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Unfunded Commitment As of June 30, 2025, the Company’s unfunded commitments consisted of the following:
Portfolio Company NameInvestment TypeCommitment TypeTotal CommitmentRemaining Commitment
188 West St James Owner, LLCSenior MortgageDelayed Draw$63,812 $21,054 
1915 WBP Owner, LLCSenior MortgageDelayed Draw11,255 910 
26 W 9th Street LLCSenior MortgageDelayed Draw25,210 5,387 
26 W 9th Street LLCMezzanineDelayed Draw2,801 467 
300 Pressler Street Owner, LLCMezzanineDelayed Draw2,218 2,095 
300 Pressler Street Owner, LLCSenior MortgageDelayed Draw11,489 10,849 
50 West BSP Owner LLCMezzanineDelayed Draw2,656 75 
50 West BSP Owner LLCSenior MortgageDelayed Draw44,107 1,242 
6304 Sheriff Road LLCSenior MortgageDelayed Draw40,350 3,599 
AREIT RE 1505 Exchange LLC & AREIT RE Woodlands LLCSenior MortgageDelayed Draw38,000 4,000 
Blue Suede Hospitality GroupSenior MortgageDelayed Draw19,510 1,174 
Creekside Logistics Center Owner, LLCSenior MortgageDelayed Draw14,701 4,491 
Grand Cypress Apartments, LLCSenior MortgageDelayed Draw50,000 772 
GVP TC Wilmer Property Owner, LLCSenior MortgageDelayed Draw46,027 6,874 
Hallandale Oasis 2019 LLCSenior MortgageDelayed Draw19,837 13,268 
Insite Orlando Two, LLCSenior MortgageDelayed Draw22,795 6,928 
Olymbec Viscount LLCSenior MortgageDelayed Draw8,819 460 
Paraiso 256, LLCSenior MortgageDelayed Draw29,896 450 
Rise Bridgeview, LLCSenior MortgageDelayed Draw12,724 1,987 
Rise Stone Gate, LLC & Artic Investments, LLCSenior MortgageDelayed Draw9,050 1,465 
S2 Pleasantdale LLCSenior MortgageDelayed Draw22,809 3,534 
SL 418, LLCSenior MortgageDelayed Draw48,701 719 
WHK Waterfront Urban Renewal LLCSenior MortgageDelayed Draw50,000 46,416 
WHK Waterfront Urban Renewal LLCMezzanineDelayed Draw19,091 16,576 
Total$615,858 $154,792 
As of December 31, 2024, the Company’s unfunded commitments consisted of the following:
Portfolio Company NameInvestment TypeCommitment TypeTotal CommitmentRemaining Commitment
26 W 9th Street LLCMezzanineDelayed Draw$2,801 $908 
Portfolio Company NameInvestment TypeCommitment TypeTotal CommitmentRemaining Commitment
26 W 9th Street LLCSenior MortgageDelayed Draw$25,210 $8,596 
50 West BSP Owner LLCMezzanineDelayed Draw2,656 110 
50 West BSP Owner LLCSenior MortgageDelayed Draw44,107 1,827 
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 1,516 
GVP TC Wilmer Property Owner, LLCSenior MortgageDelayed Draw46,027 8,949 
Hallandale Oasis 2019 LLCSenior MortgageDelayed Draw23,098 16,711 
Insite Orlando Two, LLCSenior MortgageDelayed Draw22,795 7,726 
Olymbec Viscount LLCSenior MortgageDelayed Draw8,819 460 
Paraiso 256, LLCSenior MortgageDelayed Draw29,896 2,885 
Rise Bridgeview, LLCSenior MortgageDelayed Draw12,724 1,987 
S2 Pleasantdale LLCSenior MortgageDelayed Draw22,809 4,731 
SL 418, LLCSenior MortgageDelayed Draw48,701 904 
WHK Waterfront Urban Renewal LLCSenior MortgageDelayed Draw50,000 46,653 
WHK Waterfront Mezz LLCMezzanineDelayed Draw19,091 19,091 
Total$440,842 $127,857