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 "markdown": "BENCHMARK SENSITIVITY ANALYSIS TREND\n\n\nAt March 31, 2026, the CRE loan portfolio is 99% floating rate loans that are indexed to one-month term SOFR with a weighted average floor of 2.13%\n\n\n<figure type=\"CHART\">\n\n<description>The figure consists of two side-by-side bar charts titled 'Quarterly Net Interest Income per Share Sensitivity to Changes in SOFR'. Both charts show the impact of SOFR changes on net interest income per share. Each chart has a horizontal axis labeled 'SOFR Change' with categories: 'Decreased 1.00%', 'Decreased 0.50%', 'SOFR: [Rate] (No Change)', 'Increased 0.50%', and 'Increased 1.00%'. Bars represent the sensitivity, with green bars indicating positive values and red/negative values (indicated by parentheses) representing decreases.</description> <table><thead><tr><th>SOFR Change</th><th>December 31, 2025</th><th>March 31, 2026</th></tr></thead><tbody><tr><td>Decreased 1.00%</td><td>$(0.10)</td><td>$(0.02)</td></tr><tr><td>Decreased 0.50%</td><td>$(0.07)</td><td>$(0.06)</td></tr><tr><td>SOFR: No Change</td><td>SOFR: 3.69%</td><td>SOFR: 3.66%</td></tr><tr><td>Increased 0.50%</td><td>$0.07</td><td>$0.08</td></tr><tr><td>Increased 1.00%</td><td>$0.15</td><td>$0.16</td></tr></tbody></table></figure>\n\nA\n\n\nACRESREIT.COM (19)\n\n<!-- doc_id=parse-01m2p0a0ddzdprw93187cph8te -->",
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