v3.25.4
RELATED PARTY ARRANGEMENTS (Tables)
12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The advisory fees earned by RREEF America are shown below.
Year Ended December 31,
202520242023
Fixed component $2,257 $2,565 $3,099 
Performance component— — — 
$2,257 $2,565 $3,099 
In accordance with all the above, as of December 31, 2025 and 2024, the Company owed its affiliates the following amounts:
December 31, 2025December 31, 2024
Reimbursable under the Advisory Agreement$65 $52 
Reimbursable under the Dealer Manager Agreement— — 
Advisory fees175 205 
Accrued Trailing Fees16,332 17,126 
Due to affiliates$16,572 $17,383 
Note to Affiliate$5,383 $5,383 
Unamortized discount— (79)
Note to Affiliate, net of unamortized discount$5,383 $5,304