Reports book value of $10.33 per share. The company said, “We had a productive start to 2026, executing well on our strategic priorities, including making meaningful progress on watchlist loans. While uncertainty continues to shape the broader market environment, we are encouraged by signs of resilience across real estate capital markets. Our actions during the quarter further reduced portfolio risk and advanced our deleveraging efforts. We believe this progress positions us to continue turning over the portfolio in order to redeploy capital into more accretive opportunities.”
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