Flexibility, relationship focus, structuring expertise, certainty of close, and creativity differentiate our platform $5MM Debt-Like Pref Equity Location Mid Atlantic Pre-Dev Land Purpose Multifamily Mixed Use Property Type Debt-Like Pref Equity Loan Type Term 24 mo. with two 6 mo. ext Leverage 75% LTC $29.8MM Stretch Senior Location Pacific Northwest Construction Purpose RV Park Property Type Stretch Senior Loan Loan Type 24 mo. with one 6 mo. ext Term 78% LTC Leverage $17MM Debt-Like Pref Location Northeast Construction Purpose Multifamily Mixed Use Property Type Debt-Like Pref Equity Loan Type 24 mo. with one 6 mo. ext Term 75% LTC with land lift Leverage