FINSIGHT

ELM Trust

Deals

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
A-10	USD	417.500	3.01	-	Aaa	-	-	-	-	-	39.7%	Fixed	J	125-130	130	5.80%	5.900%	100.00000
B-10	USD	75.300	3.01	-	Aa3	-	-	-	-	-	46.8%	Fixed	J	150-155	150	6.00%	6.100%	100.00000
C-10	USD	67.700	3.01	-	A3	-	-	-	-	-	53.2%	Fixed	J	180-190	170	6.19%	6.300%	100.00000
D-10	USD	82.000	3.01	-	Baa3	-	-	-	-	-	61.0%	Fixed	J	235-245	215	6.63%	6.750%	100.00000
E-10	USD	59.950	3.01	-	Ba2	-	-	-	-	-	66.7%	Fixed	J	-	335	7.79%	7.950%	100.00000
HRR-10	USD	37.550	3.01	-	Ba3	-	-	-	-	-	70.3%	-	-	-	-	-	-	-
A-15	USD	416.000	3.01	-	Aaa	-	-	-	-	-	42.3%	Fixed	J	125-130	130	5.80%	5.900%	100.00000
B-15	USD	70.000	3.01	-	Aa3	-	-	-	-	-	49.4%	Fixed	J	150-155	150	6.00%	6.100%	100.00000
C-15	USD	62.800	3.01	-	A3	-	-	-	-	-	55.8%	Fixed	J	180-190	170	6.19%	6.300%	100.00000
D-15	USD	71.000	3.01	-	Baa3	-	-	-	-	-	63.0%	Fixed	J	235-245	220	6.67%	6.800%	100.00000
HRR-15	USD	33.200	3.01	-	Ba2	-	-	-	-	-	66.4%	-	-	-	-	-	-	-

More Details

Tranche Comments

A-10: Registration: 144A/Reg S; B-10: Registration: 144A/Reg S; C-10: Registration: 144A/Reg S; D-10: Registration: 144A/Reg S; E-10: Registration: 144A/Reg S; HRR-10: Registration: 144A/Reg S; Comments: Pre-placed; A-15: Registration: 144A/Reg S; B-15: Registration: 144A/Reg S; C-15: Registration: 144A/Reg S; D-15: Registration: 144A/Reg S; HRR-15: Registration: 144A/Reg S; Comments: Pre-placed;

Deal Comments

Sponsor is a joint venture between Elmtree Funds LLC and Guggenheim Partners Investment Management LLC.

Collateral

The Properties across both Portfolios were constructed between 2020 and 2023 and represent mostly Class A industrial space. The 15-Pack Portfolio features a weighted average of approximately 38-foot clear heights, a weighted average of 85 dock-high doors, and a weighted average of 67.61 land acres. The 10-Pack Portfolio features a weighted average of approximately 40-foot clear heights, a weighted average of 90 dock-high doors, and a weighted average of 83.35 land acres