DFX Intelligence
The names on this page are hidden. Create a free account to reveal 5 records a month, or get Private Credit Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.
Borrower
S••••• G•••• A••••••••• M••••••• T•••• 2••••••••
Real Estate Management & Developmentgroup grade Aon a schedule nowsponsor unattributed
Also written as: Structured
Principal held
unknown
sum of BDC pieces, a lower bound
Fair value
$362,000
82c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
1 on the latest quarter
Facilities
1
0 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Jun 30, 2024
latest Jun 30, 2026
Events
3
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| unsecured or subordinated subordinated debt unsecured or subordinated | unknown | 82c | 18.90% | unstated | 2 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| K•• F• I••••• T•••• | subordinated debt unsecured or subordinated M•••••••• | n/a | $362,000 82c | 18.90% |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2026 | 1 | $0 | $362,000 | 82c | 0 |
| Mar 31, 2026 | 1 | $0 | $377,000 | 81c | 0 |
| Dec 31, 2025 | 1 | $0 | $395,000 | 79c | 0 |
| Sep 30, 2025 | 2 | $5.5M | $7.0M | 78c | 0 |
| Jun 30, 2025 | 2 | $5.5M | $7.3M | 81c | 0 |
| Mar 31, 2025 | 2 | $5.5M | $7.7M | 85c | 0 |
| Dec 31, 2024 | 2 | $0 | $15.9M | 88c | 0 |
| Sep 30, 2024 | 2 | $0 | $8.5M | 94c | 0 |
| Jun 30, 2024 | 2 | $0 | $8.6M | 95c | 0 |
What changed
- Spread changed (observed)Sep 30, 2025
- Lender left a facilitySep 30, 2025
- Marked down (one lender)Dec 31, 2024
- Marked down (one lender)Dec 31, 2024
- Marked down across lendersDec 31, 2024
- New borrower on a BDC scheduleJun 30, 2024
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2023 LOC2derivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 2 BDCsderived
- Industry
- Real Estate Management & Developmentreportedas one filer wrote it