2025-AFC2

HOMES Trust (HOMES) 2025-AFC2

C/P

Sector

Status

Deal Name

Parent

Leads

Region

Date

Ares Management Corp

Class	CCY	SIZE (M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	IPT	GDNC	SPRD	CPN	YLD	PRICE
A-2	LKO	27.415	8.82	-	II	-	-	-	97.40%	-	Zolyu	A-Pohzg	175-180	175-180	180	5.73%	5.603%	50.15262
A-1V	YPJ	11.890	8.80	-	DDD	-	-	-	64.69%	-	Asjxm	U-Xioqx	170a	170u	165	5.57%	5.453%	86.50214
B-3	EIJ	40.799	1.91	-	Q	-	-	-	7.21%	-	Wmxbm	L-Ajzws	190-195	190-195	195	5.88%	5.753%	61.19066
I-1	AEZ	95.240	6.00	-	YYY	-	-	-	4.10%	-	Xzrnu	K-Wlukx	230-235	230-235	235	6.20%	6.163%	36.27107
N-1N	LLT	299.753	2.36	-	DDD	-	-	-	30.75%	-	Gorgx	N-Fgxai	150h	155w	155	5.47%	5.353%	20.58231

Tranche Comments

N-1N: First Pay: 2025-07-25; Registration: 144O/Pod K; A-1V: First Pay: 2025-07-25; Registration: 144C/Rvb M; A-2: First Pay: 2025-07-25; Registration: 144B/Tvc M; B-3: First Pay: 2025-07-25; Registration: 144K/Rjy R; I-1: First Pay: 2025-07-25; Registration: 144Y/Nkf P;

Originator(s)

AhSvbx Wsxqzxf Zmhp

Risk Retention

RI/IO - Nql

Pricing Speed

25% ZQV no 4 Soav Zaqq