AFC Gamma Successfully Exits $84.0 Million Loan to Subsidiary of Public Company H

Core Viewpoint - AFC Gamma, Inc. successfully exited its largest loan of $84.0 million, generating a 19.9% internal rate of return (IRR) over the loan's life [1][2]. Group 1: Loan Management - The loan was sold to a third party at par plus accrued, following the borrower's failure to make an interest payment [1]. - The exit from this loan reflects the company's proactive portfolio management strategy aimed at reducing exposure to underperforming credits [2]. Group 2: Company Strategy - The CEO emphasized the commitment to delivering value for shareholders and the intention to redeploy capital into deals with strong risk-adjusted returns [2]. - The company specializes in direct lending and bridge loan opportunities, particularly targeting state-law compliant cannabis operators [3].