v3.26.1
Investments In Real Estate Debt (Tables)
3 Months Ended
Mar. 31, 2026
Investments, All Other Investments [Abstract]  
Schedule of Investments In Real Estate Debt
The details of the real estate debt investments are as follows ($ in thousands):
Carrying Value and
Fair Value at
CollateralMarch 31, 2026December 31, 2025
110 East - Pledge of equity interest (1)
Charlotte, NC, Office Building
$— $18,218 
Neuhoff - Pledge of equity interest (2)
Nashville, TN, Mixed Use Development
19,586 19,586 
$19,586 $37,804 

(1) The first priority lender of the 110 East mortgage loan had a balance of $95.3 million as of December 31, 2025.
(2) Reflects a loan to the Company's equity partner in the Neuhoff joint venture and is secured by such partner's 50% equity interest in the joint venture.
Interest Income for the
Three Months Ended March 31,
Collateral20262025
110 East - Pledge of equity interest
Charlotte, NC, Office Building
$238 $558 
Radius - Pledge of equity interest
Nashville, TN, Office Building
— 1,241 
Saint Ann - Pledge of asset
Dallas, TX, Office Building
— 350 
Neuhoff - Pledge of equity interest
Nashville, TN, Mixed Use Development
489 — 
$727 $2,149