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Real Estate (Tables)
3 Months Ended
Mar. 31, 2025
Real Estate [Abstract]  
Schedule of Real Estate Properties
A summary of our REO assets is as follows (in thousands):
March 31, 2025December 31, 2024
MultifamilyOfficeLandTotalMultifamilyOfficeLandTotal
Land$69,114 $13,599 $7,947 $90,660 $29,171 $13,599 $7,947 $50,717 
Building and intangible assets181,837 38,648 — 220,485 99,812 35,561 — 135,373 
Less: Impairment loss
— (2,500)— (2,500)— (2,500)— (2,500)
Less: Accumulated depreciation and amortization
(3,688)(2,799)— (6,487)(4,497)(2,550)— (7,047)
Real estate owned, net$247,263 $46,948 $7,947 $302,158 $124,486 $44,110 $7,947 $176,543