Maintaining a highly diverse array of liquidity sources, including cash and cash equivalents, proceeds from debt financing, and strategic sales of loans and securities to support business obligations and flexible capital deployment.

Expected impact: Ensures robust liquidity (exceeding $1.0 billion) and capital preservation during volatile macroeconomic and credit cycles.

Shifting the company's financing mix toward unsecured corporate bonds, leveraging its investment-grade credit ratings (Baa3 by Moody's / BBB- by Fitch) to reduce reliance on secured funding.

Expected impact: Lowers the overall cost of capital, increases the unencumbered asset base (which stands at $3.9 billion or 84% of total assets), and enhances financial flexibility.

Focusing origination efforts on high-quality, senior secured first mortgage fixed and floating rate loans collateralized by major commercial property types, with a focus on the middle market.

Expected impact: Drives earnings growth while maintaining conservative underwriting standards to mitigate default risks in uncertain commercial real estate environments.