| Schedule of Summarized Financial Information |
The following is summarized financial information for the Santa Clara, California property as of December 31, 2025 and 2024 and for the years ended December 31, 2025 and 2024 (in thousands): | | | | | | | | | | | | | | | | | December 31, | | | 2025 | | 2024 | | | | | | | Assets: | | | | | | Real estate investments, net | | $ | 27,032 | | | $ | 27,529 | | | Cash and cash equivalents | | 233 | | | 599 | | | Other assets | | 79 | | | 59 | | | Total assets | | $ | 27,344 | | | $ | 28,187 | | | Liabilities: | | | | | Mortgage note payable, net | | $ | 12,018 | | | $ | 12,337 | | | Below-market lease, net | | 2,075 | | | 2,221 | | | Other liabilities | | 273 | | | 806 | | | Total liabilities | | 14,366 | | | 15,364 | | Total equity | | 12,978 | | | 12,823 | | | Total liabilities and equity | | $ | 27,344 | | | $ | 28,187 | |
| | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | | | | | | 2025 | | 2024 | | Total revenue | | | | | | $ | 3,409 | | | $ | 2,758 | | | Operating expenses: | | | | | | | | | | Depreciation and amortization | | | | | | 1,040 | | | 1,039 | | | Other expenses | | | | | | 824 | | | 794 | | | Total operating expenses | | | | | | 1,864 | | | 1,833 | | | Operating income | | | | | | 1,545 | | | 925 | | | Interest expense | | | | | | 502 | | | 516 | | | Net income | | | | | | $ | 1,043 | | | $ | 409 | |
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