ADAMZ 最新10-Q变化

相对上期新增的文字 · 来源:10-Q · 2026-05-01

• •“Constructive” refers to Constructive Loans, LLC, a wholly-owned subsidiary through which the Company originates business purpose loans for residential real estate investors;

• •“Cross-collateralized mezzanine lending investment” refers to a cross-collateralized preferred equity and joint venture equity investment in multi-family properties;

• •“non-QM loans” refers to residential loans that are not deemed “qualified mortgage,” or “QM,” loans under the rules of the Consumer Financial Protection Bureau;

• (3)Includes net transfers of loans originated by Constructive to the investment portfolio at fair value on the date of transfer.

• Less: Collateralized debt obligations, at fair value(983,717)(1,006,919)

相对上期删除的文字 · 来源:10-Q · 2025-11-04

• (3)Includes residential loans, residential loans held for sale and mortgage servicing rights resulting from the Company's acquisition on July 15, 2025 of the membership interests in Constructive that were not previously owned by the Company, which resulted in consolidation of Constructive into the C…

• (a)Included in other liabilities on our condensed consolidated balance sheets as of September 30, 2025 and June 30, 2025.

• (7)Residential loans include transfers of originated loans from Constructive segment to investment portfolio segment at fair value on the date of transfer.

• (9)The Company repositioned its business through the opportunistic disposition over time of the Company's joint venture equity investments in multi-family properties and reallocation of its capital away from such assets to its targeted assets. Accordingly, the assets and liabilities related to certa…

• We are an internally-managed REIT for U.S. federal income tax purposes focused on strategically deploying capital across complementary businesses to generate durable earnings and long-term value for stockholders through disciplined portfolio management and an operating platform designed to capture o…