{
 "chunks": [
  {
   "id": "a84b055c-ee69-46d4-8759-4492fa3f0ed9",
   "grounding": {
    "box": {
     "bottom": 0.08542801439762115,
     "left": 0.0053958892822265625,
     "right": 0.597946286201477,
     "top": 0.01546214148402214
    },
    "page": 0
   },
   "markdown": "<a id='a84b055c-ee69-46d4-8759-4492fa3f0ed9'></a>\n\nCRE EQUITY PORTFOLIO",
   "type": "text"
  },
  {
   "id": "c59f8101-673c-42c2-b5d5-7a5d9de6849a",
   "grounding": {
    "box": {
     "bottom": 0.2098223716020584,
     "left": 0.13728106021881104,
     "right": 0.8436296582221985,
     "top": 0.1644371598958969
    },
    "page": 0
   },
   "markdown": "<a id='c59f8101-673c-42c2-b5d5-7a5d9de6849a'></a>\n\nDurable, recurring net rental income with potential NAV upside",
   "type": "text"
  },
  {
   "id": "cbc50e32-b9f0-40c0-94a2-8f6eb825b463",
   "grounding": {
    "box": {
     "bottom": 0.7801954746246338,
     "left": 0.02629914879798889,
     "right": 0.3133326768875122,
     "top": 0.2662494480609894
    },
    "page": 0
   },
   "markdown": "<a id='cbc50e32-b9f0-40c0-94a2-8f6eb825b463'></a>\n\nINVESTMENT TYPE\n<::donut chart\nTotal: $1.1B CRE Equity Investments\n\nSections:\n- Net Lease: $597M (56%)\n- Diversified CRE/Other: $461M (44%)\n\nCaption: Net lease portfolio focused on necessity-based tenants (grocery/drug/dollar stores)\n: chart::>\n",
   "type": "figure"
  },
  {
   "id": "5a72e9a8-0125-4780-909c-554719c2ca11",
   "grounding": {
    "box": {
     "bottom": 0.7815771102905273,
     "left": 0.3361707031726837,
     "right": 0.6239132881164551,
     "top": 0.26597538590431213
    },
    "page": 0
   },
   "markdown": "<a id='5a72e9a8-0125-4780-909c-554719c2ca11'></a>\n\nPROPERTY TYPE\n\n<::PROPERTY TYPE\n: donut chart\nMultifamily: 25%\nOffice: 28%\nHotel: 7%\nDollar Store: 13%\nDrug Store: 10%\nGrocery Store: 6%\nOther Retail: 6%\nWholesale Club: 5%\n\nDiversified property types with granular ~$5M avg. asset size::>\n",
   "type": "figure"
  },
  {
   "id": "60fedc3c-8b41-4ec9-a4d6-5f699f3411c6",
   "grounding": {
    "box": {
     "bottom": 0.5179757475852966,
     "left": 0.6448654532432556,
     "right": 0.997702419757843,
     "top": 0.264035701751709
    },
    "page": 0
   },
   "markdown": "<a id='60fedc3c-8b41-4ec9-a4d6-5f699f3411c6'></a>\n\nTOTAL PORTFOLIO KEY METRICS\n\n$1.1B Gross asset value\n\n$670M Net equity invested\n\n~6.0M Square Feet\n\n$69M In-place annual NOI",
   "type": "text"
  },
  {
   "id": "f7789f57-05b9-41b8-be6f-5a05aaffae94",
   "grounding": {
    "box": {
     "bottom": 0.7792306542396545,
     "left": 0.645584225654602,
     "right": 0.9972435235977173,
     "top": 0.526480495929718
    },
    "page": 0
   },
   "markdown": "<a id='f7789f57-05b9-41b8-be6f-5a05aaffae94'></a>\n\n# NET LEASE PORTFOLIO KEY METRICS\n\n149 Properties\n\n6.2 years W.A. remaining lease term\n\n100% Leased\n\n~61% IG tenants",
   "type": "text"
  },
  {
   "id": "b03dcc73-3096-49d8-aded-f6eab23ad2d0",
   "grounding": {
    "box": {
     "bottom": 0.9595756530761719,
     "left": 0.03531347215175629,
     "right": 0.40656930208206177,
     "top": 0.9374138116836548
    },
    "page": 0
   },
   "markdown": "<a id='b03dcc73-3096-49d8-aded-f6eab23ad2d0'></a>\n\nNote: As of 06/30/2026. All asset amounts represent undepreciated asset values.",
   "type": "marginalia"
  },
  {
   "id": "731fa266-2caf-4b43-8734-c02df81c578a",
   "grounding": {
    "box": {
     "bottom": 0.9834868311882019,
     "left": 0.49070194363594055,
     "right": 0.5098931193351746,
     "top": 0.9629539847373962
    },
    "page": 0
   },
   "markdown": "<a id='731fa266-2caf-4b43-8734-c02df81c578a'></a>\n\n20",
   "type": "marginalia"
  }
 ],
 "markdown": "<a id='a84b055c-ee69-46d4-8759-4492fa3f0ed9'></a>\n\nCRE EQUITY PORTFOLIO\n\n<a id='c59f8101-673c-42c2-b5d5-7a5d9de6849a'></a>\n\nDurable, recurring net rental income with potential NAV upside\n\n<a id='cbc50e32-b9f0-40c0-94a2-8f6eb825b463'></a>\n\nINVESTMENT TYPE\n<::donut chart\nTotal: $1.1B CRE Equity Investments\n\nSections:\n- Net Lease: $597M (56%)\n- Diversified CRE/Other: $461M (44%)\n\nCaption: Net lease portfolio focused on necessity-based tenants (grocery/drug/dollar stores)\n: chart::>\n\n\n<a id='5a72e9a8-0125-4780-909c-554719c2ca11'></a>\n\nPROPERTY TYPE\n\n<::PROPERTY TYPE\n: donut chart\nMultifamily: 25%\nOffice: 28%\nHotel: 7%\nDollar Store: 13%\nDrug Store: 10%\nGrocery Store: 6%\nOther Retail: 6%\nWholesale Club: 5%\n\nDiversified property types with granular ~$5M avg. asset size::>\n\n\n<a id='60fedc3c-8b41-4ec9-a4d6-5f699f3411c6'></a>\n\nTOTAL PORTFOLIO KEY METRICS\n\n$1.1B Gross asset value\n\n$670M Net equity invested\n\n~6.0M Square Feet\n\n$69M In-place annual NOI\n\n<a id='f7789f57-05b9-41b8-be6f-5a05aaffae94'></a>\n\n# NET LEASE PORTFOLIO KEY METRICS\n\n149 Properties\n\n6.2 years W.A. remaining lease term\n\n100% Leased\n\n~61% IG tenants\n\n<a id='b03dcc73-3096-49d8-aded-f6eab23ad2d0'></a>\n\nNote: As of 06/30/2026. All asset amounts represent undepreciated asset values.\n\n<a id='731fa266-2caf-4b43-8734-c02df81c578a'></a>\n\n20",
 "metadata": {
  "credit_usage": 3.0,
  "duration_ms": 13577,
  "filename": "p20.pdf",
  "job_id": "cms7p0del0b5pcx01jhlws8vj",
  "org_id": "dlh8mka28ml4",
  "page_count": 1,
  "version": "dpt-2-20260410",
  "failed_pages": []
 },
 "splits": [
  {
   "chunks": [
    "a84b055c-ee69-46d4-8759-4492fa3f0ed9",
    "c59f8101-673c-42c2-b5d5-7a5d9de6849a",
    "cbc50e32-b9f0-40c0-94a2-8f6eb825b463",
    "5a72e9a8-0125-4780-909c-554719c2ca11",
    "60fedc3c-8b41-4ec9-a4d6-5f699f3411c6",
    "f7789f57-05b9-41b8-be6f-5a05aaffae94",
    "b03dcc73-3096-49d8-aded-f6eab23ad2d0",
    "731fa266-2caf-4b43-8734-c02df81c578a"
   ],
   "class_": "full",
   "identifier": "full",
   "markdown": "<a id='a84b055c-ee69-46d4-8759-4492fa3f0ed9'></a>\n\nCRE EQUITY PORTFOLIO\n\n<a id='c59f8101-673c-42c2-b5d5-7a5d9de6849a'></a>\n\nDurable, recurring net rental income with potential NAV upside\n\n<a id='cbc50e32-b9f0-40c0-94a2-8f6eb825b463'></a>\n\nINVESTMENT TYPE\n<::donut chart\nTotal: $1.1B CRE Equity Investments\n\nSections:\n- Net Lease: $597M (56%)\n- Diversified CRE/Other: $461M (44%)\n\nCaption: Net lease portfolio focused on necessity-based tenants (grocery/drug/dollar stores)\n: chart::>\n\n\n<a id='5a72e9a8-0125-4780-909c-554719c2ca11'></a>\n\nPROPERTY TYPE\n\n<::PROPERTY TYPE\n: donut chart\nMultifamily: 25%\nOffice: 28%\nHotel: 7%\nDollar Store: 13%\nDrug Store: 10%\nGrocery Store: 6%\nOther Retail: 6%\nWholesale Club: 5%\n\nDiversified property types with granular ~$5M avg. asset size::>\n\n\n<a id='60fedc3c-8b41-4ec9-a4d6-5f699f3411c6'></a>\n\nTOTAL PORTFOLIO KEY METRICS\n\n$1.1B Gross asset value\n\n$670M Net equity invested\n\n~6.0M Square Feet\n\n$69M In-place annual NOI\n\n<a id='f7789f57-05b9-41b8-be6f-5a05aaffae94'></a>\n\n# NET LEASE PORTFOLIO KEY METRICS\n\n149 Properties\n\n6.2 years W.A. remaining lease term\n\n100% Leased\n\n~61% IG tenants\n\n<a id='b03dcc73-3096-49d8-aded-f6eab23ad2d0'></a>\n\nNote: As of 06/30/2026. All asset amounts represent undepreciated asset values.\n\n<a id='731fa266-2caf-4b43-8734-c02df81c578a'></a>\n\n20",
   "pages": [
    0
   ]
  }
 ],
 "grounding": {
  "a84b055c-ee69-46d4-8759-4492fa3f0ed9": {
   "box": {
    "bottom": 0.08542801439762115,
    "left": 0.0053958892822265625,
    "right": 0.597946286201477,
    "top": 0.01546214148402214
   },
   "page": 0,
   "type": "chunkText",
   "confidence": 0.999,
   "low_confidence_spans": []
  },
  "c59f8101-673c-42c2-b5d5-7a5d9de6849a": {
   "box": {
    "bottom": 0.2098223716020584,
    "left": 0.13728106021881104,
    "right": 0.8436296582221985,
    "top": 0.1644371598958969
   },
   "page": 0,
   "type": "chunkText",
   "confidence": 0.996,
   "low_confidence_spans": []
  },
  "cbc50e32-b9f0-40c0-94a2-8f6eb825b463": {
   "box": {
    "bottom": 0.7801954746246338,
    "left": 0.02629914879798889,
    "right": 0.3133326768875122,
    "top": 0.2662494480609894
   },
   "page": 0,
   "type": "chunkFigure",
   "confidence": null,
   "low_confidence_spans": []
  },
  "5a72e9a8-0125-4780-909c-554719c2ca11": {
   "box": {
    "bottom": 0.7815771102905273,
    "left": 0.3361707031726837,
    "right": 0.6239132881164551,
    "top": 0.26597538590431213
   },
   "page": 0,
   "type": "chunkFigure",
   "confidence": null,
   "low_confidence_spans": []
  },
  "60fedc3c-8b41-4ec9-a4d6-5f699f3411c6": {
   "box": {
    "bottom": 0.5179757475852966,
    "left": 0.6448654532432556,
    "right": 0.997702419757843,
    "top": 0.264035701751709
   },
   "page": 0,
   "type": "chunkText",
   "confidence": 0.999,
   "low_confidence_spans": []
  },
  "f7789f57-05b9-41b8-be6f-5a05aaffae94": {
   "box": {
    "bottom": 0.7792306542396545,
    "left": 0.645584225654602,
    "right": 0.9972435235977173,
    "top": 0.526480495929718
   },
   "page": 0,
   "type": "chunkText",
   "confidence": 0.998,
   "low_confidence_spans": []
  },
  "b03dcc73-3096-49d8-aded-f6eab23ad2d0": {
   "box": {
    "bottom": 0.9595756530761719,
    "left": 0.03531347215175629,
    "right": 0.40656930208206177,
    "top": 0.9374138116836548
   },
   "page": 0,
   "type": "chunkMarginalia",
   "confidence": 0.969,
   "low_confidence_spans": []
  },
  "731fa266-2caf-4b43-8734-c02df81c578a": {
   "box": {
    "bottom": 0.9834868311882019,
    "left": 0.49070194363594055,
    "right": 0.5098931193351746,
    "top": 0.9629539847373962
   },
   "page": 0,
   "type": "chunkMarginalia",
   "confidence": 0.997,
   "low_confidence_spans": []
  }
 }
}