Red Flags
| When | Deal | Severity | Category | Description | Action |
|---|---|---|---|---|---|
| 5h ago | deal #10 | medium | occupancy_decline |
Clearwater Storage occupancy fell below the 90% covenant floor in Sep 2026.
"Occupancy at month end: 88.9%"
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| 5d ago | deal #17 | medium | capital_call_unexpected |
Second capital call from Harbor Point Fund IV inside sixty days; the two together exceed the quarter's pacing.
"Amount of this call: $300,000"
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| 8d ago | deal #17 | low | kyc_request |
Harbor Point Fund IV asks for a KYC refresh within 30 days.
"please provide an updated certificate of incumbency and a copy of a government-issued ID for each authorised signatory within 30 days"
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| 16d ago | deal #9 | medium | lease_expiry |
Eastport's single tenant's lease runs to the end of next year; the renewal option window opens in sixty days.
"The Tenant's option to renew must be exercised no later than 180 days before the Expiration Date."
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| 20d ago | deal #10 | critical | covenant_breach |
Clearwater Storage reports a DSCR of 1.18x against a 1.25x covenant minimum and states it is not in compliance.
"The Borrower is NOT in compliance with Section 7.2(a)."
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| 20d ago | deal #10 | high | debt_service_coverage_low |
Debt service coverage at Clearwater Storage has fallen for three consecutive quarters.
"Debt service coverage ratio: 1.18x (covenant minimum 1.25x)"
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| 30d ago | deal #19 | high | borrower_default |
Beacon Credit Fund II reports one borrower in payment default, about 4% of NAV; a workout is under way.
"One portfolio company missed its September interest payment; the Fund has engaged a restructuring adviser."
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| 36d ago | deal #3 | medium | noi_decline |
Summitwoods NOI is 11% below budget year to date, driven by insurance.
"Insurance expense is 31% over budget following the renewal."
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| 86d ago | deal #7 | medium | occupancy_decline |
Willow Creek Shops occupancy fell below the 90% covenant floor in Q2 2026.
"Occupancy at month end: 88.3%"
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