The Company's mortgage notes at December 31, 2025 and December 31, 2024 are detailed in the following table ($ in thousands):


	December 31, 2025							December 31, 2024
	Principal Balance Outstanding			Weighted Average Interest Rate			Weighted Average Maturity Date	Principal Balance Outstanding			Weighted Average Interest Rate			Weighted Average Maturity Date
Fixed rate mortgages	$	156,300			5.31	%	April 2030	$	36,000			6.05	%	November 2028
Less: Unamortized deferred financing costs		(2,138	)						(325	)
	$	154,162						$	35,675

During the year ended December 31, 2025, the Company obtained a $58.3 million fixed-rate mortgage to finance the acquisition of Parc Westborough and a $62.0 million fixed-rate mortgage to finance the acquisition of The Brooke at Rocky Point. During the year ended December 31, 2024, the Company did not obtain or repay any mortgage loans.

The following table details the future principal payments due under the Company's mortgage loans as of December 31, 2025 ($ in thousands):


Year	Amount
2026	$	-
2027		-
2028		36,000
2029		-
2030		58,300
Thereafter		62,000
Total	$	156,300

The Company is subject to various financial and operational covenants under certain of its mortgage loans. As of December 31, 2025 and December 31, 2024, the Company was in compliance with all of its mortgage loan covenants.