{ "chunks": [ { "id": "4297da22-3e00-43fd-a143-d645c3d4d8bf", "grounding": { "box": { "bottom": 0.12950432300567627, "left": 0.042400211095809937, "right": 0.4611707031726837, "top": 0.06772976368665695 }, "page": 0 }, "markdown": "\n\nCRE LOAN PORTFOLIO OVERVIEW", "type": "text" }, { "id": "50f9c9d3-55df-49d9-ab77-353de2ef6d97", "grounding": { "box": { "bottom": 0.48902127146720886, "left": 0.043331578373909, "right": 0.4900810718536377, "top": 0.1397741734981537 }, "page": 0 }, "markdown": "\n\n\n\n\n\n\n\n\n\n\n\n
CRE Loan Summary \u00b9
Loans held for investment, at amortized cost$2,128.9
CECL Reserves($21.1)
CRE whole loans, floating-rate WA1M SOFR + 3.28%
WA 1M SOFR Floor\u00b22.22%
WA CRE loan portfolio LTV77%
Total number of CRE loans57
Average CRE loan size, at par$37.5
WA Risk Rating, at par2.6
", "type": "table" }, { "id": "4b0ec3c7-9250-4cf7-86a9-3a45833fbce3", "grounding": { "box": { "bottom": 0.4884999394416809, "left": 0.5095421671867371, "right": 0.9563671946525574, "top": 0.13931365311145782 }, "page": 0 }, "markdown": "\n\nBalance by Region 1,3\n<::map of the United States showing regions colored according to the following legend:\nPacific: 9.1%\nMountain: 13.5%\nWest North Central: 3.8%\nSouthwest: 16.3%\nNortheast: 13.3%\nMid Atlantic: 11.1%\nEast North Central: 14.7%\nSoutheast: 18.2%\n: map::>", "type": "figure" }, { "id": "c93762ac-5b27-4aa7-9b8c-6d1d2deb00f2", "grounding": { "box": { "bottom": 0.8800278902053833, "left": 0.04325242340564728, "right": 0.49071675539016724, "top": 0.5238274335861206 }, "page": 0 }, "markdown": "\n\nLoan Portfolio Activity, at par \u00b9\n<::waterfall chart::>\nLoan Portfolio March '26: $2,212, Loan Count 60\nPayoffs and paydowns: -$92\nFuture Fundings: +$18\nLoan Portfolio June '26: $2,138, Loan Count 57\n<::>\n", "type": "figure" }, { "id": "ea587dad-9efa-4f10-bddb-63b4e4f22fcc", "grounding": { "box": { "bottom": 0.8786417841911316, "left": 0.5101701617240906, "right": 0.956537663936615, "top": 0.5246111750602722 }, "page": 0 }, "markdown": "\n\nProperty Type \u00b9\n<::Pie chart showing property type distribution:\n- 80.8% Multifamily\n- 11.4% Office\n- 4.8% Hotel\n- 2.3% Mixed-Use\n- 0.7% Self-storage\n: pie chart::>", "type": "figure" }, { "id": "d9142380-6c89-4245-be10-ad27cf1f9113", "grounding": { "box": { "bottom": 0.9465158581733704, "left": 0.08218464255332947, "right": 0.6282575130462646, "top": 0.8918614983558655 }, "page": 0 }, "markdown": "\n\n1 All $ amounts are in millions and the percentages for region and property type disclosures are based on total carrying value of the CRE loans\n2 At June 30, 2026, all CRE whole loans are indexed to SOFR and the WA benchmark rate was 3.64%\n3 Texas (14.2%) and Ohio (11.5%) were the states with the highest concentrations. Based on regions identified by the National Council of Real Estate Investment Fiduciaries (NCREIF)", "type": "text" }, { "id": "f700eda3-5055-4f83-b712-cf02d39fae23", "grounding": { "box": { "bottom": 0.977421760559082, "left": 0.04538910835981369, "right": 0.08320481330156326, "top": 0.9156275987625122 }, "page": 0 }, "markdown": "\n\n<::logo: Undetermined\nA\nA dark green, stylized letter 'A' is enclosed within an imperfect, hand-drawn circle of the same color.::>", "type": "logo" }, { "id": "16fe9f45-2c90-448f-bf62-d61ee761e302", "grounding": { "box": { "bottom": 0.9700891375541687, "left": 0.8388172388076782, "right": 0.9564182758331299, "top": 0.9239073395729065 }, "page": 0 }, "markdown": "\n\nACRESREIT.COM (7)", "type": "text" } ], "markdown": "\n\nCRE LOAN PORTFOLIO OVERVIEW\n\n\n\n\n\n\n\n\n\n\n\n\n\n
CRE Loan Summary \u00b9
Loans held for investment, at amortized cost$2,128.9
CECL Reserves($21.1)
CRE whole loans, floating-rate WA1M SOFR + 3.28%
WA 1M SOFR Floor\u00b22.22%
WA CRE loan portfolio LTV77%
Total number of CRE loans57
Average CRE loan size, at par$37.5
WA Risk Rating, at par2.6
\n\n\n\nBalance by Region 1,3\n<::map of the United States showing regions colored according to the following legend:\nPacific: 9.1%\nMountain: 13.5%\nWest North Central: 3.8%\nSouthwest: 16.3%\nNortheast: 13.3%\nMid Atlantic: 11.1%\nEast North Central: 14.7%\nSoutheast: 18.2%\n: map::>\n\n\n\nLoan Portfolio Activity, at par \u00b9\n<::waterfall chart::>\nLoan Portfolio March '26: $2,212, Loan Count 60\nPayoffs and paydowns: -$92\nFuture Fundings: +$18\nLoan Portfolio June '26: $2,138, Loan Count 57\n<::>\n\n\n\n\nProperty Type \u00b9\n<::Pie chart showing property type distribution:\n- 80.8% Multifamily\n- 11.4% Office\n- 4.8% Hotel\n- 2.3% Mixed-Use\n- 0.7% Self-storage\n: pie chart::>\n\n\n\n1 All $ amounts are in millions and the percentages for region and property type disclosures are based on total carrying value of the CRE loans\n2 At June 30, 2026, all CRE whole loans are indexed to SOFR and the WA benchmark rate was 3.64%\n3 Texas (14.2%) and Ohio (11.5%) were the states with the highest concentrations. Based on regions identified by the National Council of Real Estate Investment Fiduciaries (NCREIF)\n\n\n\n<::logo: Undetermined\nA\nA dark green, stylized letter 'A' is enclosed within an imperfect, hand-drawn circle of the same color.::>\n\n\n\nACRESREIT.COM (7)", "metadata": { "credit_usage": 3.0, "duration_ms": 8979, "filename": "p7.pdf", "job_id": "cmsgtoxfc062pfo01w8dkb2w3", "org_id": "dlh8mka28ml4", "page_count": 1, "version": "dpt-2-20260410", "failed_pages": [] }, "splits": [ { "chunks": [ "4297da22-3e00-43fd-a143-d645c3d4d8bf", "50f9c9d3-55df-49d9-ab77-353de2ef6d97", "4b0ec3c7-9250-4cf7-86a9-3a45833fbce3", "c93762ac-5b27-4aa7-9b8c-6d1d2deb00f2", "ea587dad-9efa-4f10-bddb-63b4e4f22fcc", "d9142380-6c89-4245-be10-ad27cf1f9113", "f700eda3-5055-4f83-b712-cf02d39fae23", "16fe9f45-2c90-448f-bf62-d61ee761e302" ], "class_": "full", "identifier": "full", "markdown": "\n\nCRE LOAN PORTFOLIO OVERVIEW\n\n\n\n\n\n\n\n\n\n\n\n\n\n
CRE Loan Summary \u00b9
Loans held for investment, at amortized cost$2,128.9
CECL Reserves($21.1)
CRE whole loans, floating-rate WA1M SOFR + 3.28%
WA 1M SOFR Floor\u00b22.22%
WA CRE loan portfolio LTV77%
Total number of CRE loans57
Average CRE loan size, at par$37.5
WA Risk Rating, at par2.6
\n\n\n\nBalance by Region 1,3\n<::map of the United States showing regions colored according to the following legend:\nPacific: 9.1%\nMountain: 13.5%\nWest North Central: 3.8%\nSouthwest: 16.3%\nNortheast: 13.3%\nMid Atlantic: 11.1%\nEast North Central: 14.7%\nSoutheast: 18.2%\n: map::>\n\n\n\nLoan Portfolio Activity, at par \u00b9\n<::waterfall chart::>\nLoan Portfolio March '26: $2,212, Loan Count 60\nPayoffs and paydowns: -$92\nFuture Fundings: +$18\nLoan Portfolio June '26: $2,138, Loan Count 57\n<::>\n\n\n\n\nProperty Type \u00b9\n<::Pie chart showing property type distribution:\n- 80.8% Multifamily\n- 11.4% Office\n- 4.8% Hotel\n- 2.3% Mixed-Use\n- 0.7% Self-storage\n: pie chart::>\n\n\n\n1 All $ amounts are in millions and the percentages for region and property type disclosures are based on total carrying value of the CRE loans\n2 At June 30, 2026, all CRE whole loans are indexed to SOFR and the WA benchmark rate was 3.64%\n3 Texas (14.2%) and Ohio (11.5%) were the states with the highest concentrations. 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