| Schedule of Real Estate Properties |
A summary of our REO assets is as follows ($ in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | Multifamily | | Office | | Land | | Total | | Multifamily | | Office | | Land | | Total | | Land | $ | 115,576 | | | $ | 13,599 | | | $ | 7,947 | | | $ | 137,122 | | | $ | 109,788 | | | $ | 13,599 | | | $ | 7,947 | | | $ | 131,334 | | | Building and intangible assets | 424,250 | | | 58,152 | | | — | | | 482,402 | | | 363,281 | | | 48,882 | | | — | | | 412,163 | | Less: Impairment loss | (40,600) | | | (2,500) | | | — | | | (43,100) | | | (20,500) | | | (2,500) | | | — | | | (23,000) | | Less: Accumulated depreciation and amortization | (26,920) | | | (3,558) | | | — | | | (30,478) | | | (18,015) | | | (3,544) | | | — | | | (21,559) | | | Real estate owned, net | $ | 472,306 | | | $ | 65,693 | | | $ | 7,947 | | | $ | 545,946 | | | $ | 434,554 | | | $ | 56,437 | | | $ | 7,947 | | | $ | 498,938 | | | Number of foreclosed loans | 19 | | | 2 | | | 2 | | | 23 | | | 15 | | | 2 | | | 2 | | | 19 | | | Number of properties | 32 | | | 2 | | | 2 | | | 36 | | | 31 | | | 2 | | | 2 | | | 35 | |
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