Discontinued — last reported Q1 '23
An increase indicates a growing capital allocation to the Phoenix market, suggesting management's confidence in local property performance or a strategic expansion of the regional portfolio. A decrease may signal divestment, asset maturity, or a strategic shift away from this specific geographic concentration.
This metric represents the carrying value of preferred equity investments held by the company within the Phoenix, Arizon...
Comparable to regional preferred equity or mezzanine loan exposure metrics reported by other mortgage REITs or real estate investment firms with geographic segment reporting.
nref_segment_phoenix_az_preferred_equity_method_investments| Q1 '23 | |
|---|---|
| Value | $24.00M |