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
M•••••• C••••••••• H•••••••• L••
Diversified Real Estate Activitiesgroup grade Aon a schedule nowsponsor unattributed
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
100¢ · 100¢ · 100¢ · 100¢ · 99¢Q2 2025 to Q2 2026
Where each lender marks it, 1 points apart
99¢100¢
Principal held
at least $28.8M
sum of BDC pieces, a lower bound
Fair value
$28.2M
99c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
4
3 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Mar 17, 2032
no dated debt inside 24 months
On the tape since
Mar 31, 2024
latest Jun 30, 2026
Events
5
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| B••• C•••••• P•••••• C••••• | $20.6M | 99¢ | -1 pts |
| B••• C•••••• S•••••••• F••••••• I••• | $5.14M | 99¢ | -1 pts |
| S•••••••• P•••••• C••••• F••• L•• | $3.02M | 100¢ | 0 pts |
Every BDC piece · 9 positions across 3 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••• C•••••• P•••••• C••••• | term loan first lien F•••• L••• S••••• S•••••• L••• S••• F•••• 1.00% S••••• 5.00% I••••••• R••• 8.73% M••••••• | $19.8M | $19.6M 99c | SOFR+500 bp |
| B••• C•••••• S•••••••• F••••••• I••• | term loan first lien F•••• L••• S••••• S•••••• L••• S••• F•••• 1.00 S••••• 5.00% I••••••• R••• 8.73% M••••••• D | $5.0M | $4.9M 99c | SOFR+500 bp |
| S•••••••• P•••••• C••••• F••• L•• | term loan first lien T••• L••• | N••• D••• Inv. | F•••• L••• S••••• S•••••• L••• | 3/17/2032 | $2.9M | $2.9M 100c | SOFR+500 bp |
| B••• C•••••• P•••••• C••••• | revolver first lien F•••• L••• S••••• S•••••• L••• - R••••••• S••• F•••• 1.00% S••••• 5.00% I••••••• R••• 8.73 | $721,000 | $685,000 97c | SOFR+500 bp |
| B••• C•••••• S•••••••• F••••••• I••• | revolver first lien F•••• L••• S••••• S•••••• L••• - R••••••• S••• F•••• 1.00 S••••• 5.00% I••••••• R••• 8.73% | $133,000 | $127,000 98c | SOFR+500 bp |
View all 9 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••• C•••••• P•••••• C••••• | delayed draw term loan first lien F•••• L••• S••••• S•••••• L••• - D•••••• D••• S••• F•••• 1.00% S••••• 5.00% I••••••• R••• | $108,000 | $-72,000 -327c | SOFR+500 bp |
| S•••••••• P•••••• C••••• F••• L•• | term loan first lien T••• L••• | N••• D••• Inv. | F•••• L••• S••••• S•••••• L••• | 3/17/2032 One | $78,000 | $76,000 100c | SOFR+500 bp |
| B••• C•••••• S•••••••• F••••••• I••• | delayed draw term loan first lien F•••• L••• S••••• S•••••• L••• - D•••••• D••• M••••••• D••• 3/17/2032 | $20,000 | $-13,000 -325c | S+500 bp |
| S•••••••• P•••••• C••••• F••• L•• | delayed draw term loan first lien D•••••• D••• T••• L••• | N••• D••• Inv. | F•••• L••• S••••• S•••••• L••• | 3/17/2032 | $12,000 | $3,000 150c | SOFR+500 bp |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien | at least $27.8M | 100c | SOFR+500 bp | Mar 17, 2032 | 4 |
| first lien revolver first lien | at least $854,000 | 97c | SOFR+500 bp | Mar 17, 2032 | 3 |
| first lien delayed draw term loan first lien | at least $140,000 | n/a | SOFR+500 bp | Mar 17, 2032 | 4 |
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 | 3 | $28.8M | $28.2M | 99c | 0 |
| Mar 31, 2026 | 3 | $35.8M | $35.5M | 100c | 0 |
| Dec 31, 2025 | 1 | $10.8M | $10.6M | 100c | 0 |
| Sep 30, 2025 | 1 | $10.8M | $10.7M | 100c | 0 |
All 10 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 1 | $10.8M | $10.7M | 100c | 0 |
| Mar 31, 2025 | 1 | $10.9M | $10.7M | 100c | 0 |
| Dec 31, 2024 | 1 | $10.9M | $10.8M | 101c | 0 |
| Sep 30, 2024 | 1 | $10.5M | $10.4M | 101c | 0 |
| Jun 30, 2024 | 1 | $10.2M | $10.1M | 101c | 0 |
| Mar 31, 2024 | 1 | $10.1M | $9.9M | 100c | 0 |
What changed
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Maturity extended (observed)Mar 31, 2026
- Spread changed (observed)Mar 31, 2026
- New lender joined a facilityMar 31, 2026
Full timeline · 16 eventsShow fewer
- New lender joined a facilityMar 31, 2026
- New lender joined a facilityMar 31, 2026
- Spread changed (observed)Mar 31, 2026
- Maturity extended (observed)Mar 31, 2026
- New lender joined a facilityMar 31, 2026
- Lender left a facilityMar 31, 2026
- New lender joined a facilityMar 31, 2026
- New lender joined a facilityMar 31, 2026
- Lender left a facilityDec 31, 2025
- Lender left a facilityDec 31, 2025
- New borrower on a BDC scheduleMar 31, 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
- MONARCH COLLECTIVEderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 4 BDCsderived
- Industry
- Diversified Real Estate Activitiesreportedas one filer wrote it