Risk Factors Update Summary
- Difficulty in redeploying loan repayments may impact financial performance and returns to investors.
- Increase in interest rates from 7 to 11 times may raise borrower default rates.
- Transition from LIBOR to SOFR for all loans may affect net interest income.
- Adoption of ASU 2016-13 led to a $3.5 million increase in allowance for loan credit losses.
- Change in interest rates could adversely affect commercial real estate property values.
- Automatic renewal of management agreement could impact returns and termination may affect assets.
- Potential conflicts of interest with ORIX affiliates may adversely affect returns.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1547546&owner=exclude
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