Core Insights - Greystone has provided $32,567,000 in Freddie Mac financing for the acquisition of Aspen Ridge Apartments, a 253-unit multifamily property in West Chicago, Illinois [1] - Mandelbaum & Associates, Inc. contributed $5,500,000 in preferred equity to support the acquisition [2] - The financing structure includes a Freddie Mac conventional loan with a 10-year term, five years of interest-only payments, and a 30-year amortization schedule [3] Company and Property Details - Aspen Ridge Apartments consists of 253 units with amenities such as a clubhouse, fitness center, swimming pool, and outdoor recreational spaces, and has undergone significant capital improvements since its original construction in 1967 [2] - Greystone is recognized as a leader in multifamily and healthcare finance, ranking as a top lender for FHA, Fannie Mae, and Freddie Mac [5] - The acquisition is viewed positively by both Greystone and Bayshore Properties, highlighting the asset's strong fundamentals and potential for operational efficiencies [4]

Core Viewpoint - Walker & Dunlop has been negatively impacted by higher interest rates, leading to a sluggish commercial real estate market, but it currently offers a 6% dividend yield and ambitious five-year projections, raising questions about the stock's investment potential [1] Company Summary - Walker & Dunlop has experienced challenges due to elevated interest rates over the past few years [1] - The company is recognized for its strong management and operational efficiency [1] - The stock currently provides a 6% dividend yield, which is attractive to investors [1] Industry Summary - The commercial real estate market is currently facing significant slowdowns attributed to higher interest rates [1] - The overall economic environment has created challenges for companies operating within the commercial real estate sector [1] - Future projections from Walker & Dunlop suggest potential growth opportunities despite current market conditions [1]

Group 1: BitFuFu Inc. - BitFuFu Inc. focuses on creating a secure, compliant, and transparent blockchain infrastructure through various digital asset mining solutions [1] - The Zacks Consensus Estimate for BitFuFu's current year earnings has been revised downward by approximately 47.8% over the last 60 days [1] Group 2: Canadian Natural Resources Limited - Canadian Natural Resources Limited is one of the largest independent energy companies in Canada, involved in the exploration, development, and production of oil and natural gas [2] - The Zacks Consensus Estimate for Canadian Natural's current year earnings has been revised downward by 16.6% over the last 60 days [2] Group 3: Arbor Realty Trust - Arbor Realty Trust is a specialized real estate finance company that invests in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities, and other real estate-related assets [3] - The Zacks Consensus Estimate for Arbor Realty's current year earnings has been revised downward by nearly 16.2% over the last 60 days [3]

Core Viewpoint - Chicago Atlantic Real Estate Finance, Inc. (REFI) shows a promising earnings outlook, with analysts raising their earnings estimates, which may positively impact the stock price [1][2]. Earnings Estimates - The consensus earnings estimate for the current quarter is $0.46 per share, reflecting no year-over-year change, but a 7.5% increase in estimates over the last 30 days [6]. - For the full year, the expected earnings are $1.91 per share, indicating a 1.6% increase from the previous year [7]. - There has been a positive trend in estimate revisions for the current year, with a 9.46% increase in the consensus estimate due to two upward revisions and no negative revisions [8]. Zacks Rank - Chicago Atlantic Real Estate Finance currently holds a Zacks Rank 1 (Strong Buy), indicating strong potential for outperformance based on earnings estimate revisions [9]. - Stocks with a Zacks Rank 1 and 2 have historically outperformed the S&P 500 [9]. Stock Performance - The stock has gained 6.1% over the past four weeks, driven by solid estimate revisions, suggesting potential for further growth [10].

Core Viewpoint - Chicago Atlantic Real Estate Finance, Inc. (REFI) has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Stock Ratings - The Zacks rating system is based on changes in a company's earnings picture, tracking EPS estimates from sell-side analysts through a consensus measure known as the Zacks Consensus Estimate [2]. - The Zacks rating upgrade reflects positive sentiment regarding the earnings outlook for Chicago Atlantic Real Estate Finance, which could lead to increased buying pressure and a rise in stock price [4][6]. Impact of Institutional Investors - Changes in future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements, largely due to institutional investors who adjust their valuations based on these estimates [5]. - An increase in earnings estimates typically results in a higher fair value for a stock, prompting institutional investors to buy or sell, which subsequently affects stock prices [5]. Earnings Estimate Revisions - For the fiscal year ending December 2026, Chicago Atlantic Real Estate Finance is expected to earn $1.91 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 9.5% over the past three months [9]. Zacks Rank System Performance - The Zacks Rank stock-rating system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - The upgrade to Zacks Rank 1 places Chicago Atlantic Real Estate Finance in the top 5% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [11].

Group 1 - Chicago Atlantic Real Estate Finance, Inc. (REFI) closed at $12.44, with a 6.1% gain over the past four weeks, and a mean price target of $16.5 indicates a 32.6% upside potential [1] - The average price target ranges from a low of $12.00 to a high of $20.00, with a standard deviation of $4.12, suggesting variability in analysts' estimates [2] - Analysts show strong agreement on REFI's ability to report better earnings than previously predicted, which supports the view of potential upside [4][11] Group 2 - Recent revisions of earnings estimates for REFI have been positive, with two estimates moving higher and the Zacks Consensus Estimate increasing by 9.5% [12] - REFI holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13] - While consensus price targets may not be reliable for predicting exact gains, they can indicate the direction of price movement [14]

INVESTOR OVERVIEW MARCH 2026 Forward-Looking Statements Some of the statements contained in this presentation may constitute forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, projections, plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as ''may,'' '' ...

Core Insights - SCOR Investment Partners has successfully completed an interim closing of EUR 260 million for its SCOR Real Estate Loans V fund, which focuses on value-add real estate debt strategies [1][2] Fund Overview - SCOR Real Estate Loans V is the fifth iteration of the fund, launched in 2013, aimed at financing renovation, restructuring, repositioning, or development of real estate assets [1] - The fund has a target size of EUR 500 million and has attracted both long-standing and new institutional investors, indicating a growing interest in real estate debt, particularly in the value-add segment [2] Investment Strategy - The capital raised allows for active deployment, with four projects already financed in sectors such as student housing, life sciences, and office assets, with SCOR acting as the sole senior lender in three of these transactions [3] - The fund is positioned to benefit from structural market trends, including European regulations and increasing demand for energy-efficient and certified assets [4] Market Conditions - The fund aims to provide an attractive risk-return profile, particularly benefiting from favorable market conditions for lenders in real estate debt, financing projects in major European metropolitan areas [5] - Investment volumes in the real estate market are on the rise, with expectations of yields above 5% on value-add real estate debt and an internal rate of return (IRR) of around 6% [7] Sustainable Investment Focus - In line with its sustainable investment philosophy, the fund targets improvements in energy efficiency of existing buildings and is classified as an Article 9 fund under the European Sustainable Finance Disclosure Regulation (SFDR) [6] Historical Performance - Over the past decade, SCOR Investment Partners has deployed EUR 2.3 billion across 91 transactions in its real estate debt strategy, utilizing a variety of debt instruments [7]

Core Points - Ready Capital Corporation declared a quarterly cash dividend of $0.01 per share of common stock and Operating Partnership unit for the quarter ended March 31, 2026, payable on April 30, 2026, to shareholders of record as of March 31, 2026 [1] - The Company also declared a dividend of $0.390625 per share of its 6.25% Series C Cumulative Convertible Preferred Stock, payable on April 15, 2026, to Series C Preferred stockholders of record as of March 31, 2026 [2] - Additionally, a dividend of $0.40625 per share of its 6.50% Series E Cumulative Redeemable Preferred Stock was declared, payable on April 30, 2026, to Series E Preferred stockholders of record as of March 31, 2026 [3] Company Overview - Ready Capital Corporation is a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market investor and owner-occupied commercial real estate loans [4] - The Company specializes in loans backed by commercial real estate, including agency multifamily, investor, construction, and bridge loans, as well as U.S. Small Business Administration loans under its Section 7(a) program and government-guaranteed loans focused on the United States Department of Agriculture [4] - Headquartered in New York, the Company employs approximately 450 professionals nationwide [4]

INVESTOR PRESENTATION March 2026 Forward Looking Statements This presentation contains certain forward-looking statements, including without limitation, statements concerning the Company's operations, economic performance and financial condition. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are developed by combining currently available information with the Company's beliefs and assumption ...