 STRSStratus Properties Inc. | Real Estate | 26.39% | 0% | 1 yr | $151.3M | C |
| LFTLFTLument Finance Trust, Inc. | Real Estate | 22.20% | 260% | 0 yr | $37.4M | D |
 IVRInvesco Mortgage Capital Inc. | Real Estate | 20.03% | 90% | 0 yr | $731.0M | C |
 GPMTGranite Point Mortgage Trust Inc. | Real Estate | 19.80% | 588% | 0 yr | $49.4M | D |
 ABRArbor Realty Trust, Inc. | Real Estate | 18.99% | 1189% | 0 yr | $1.0B | D |
 ORCOrchid Island Capital, Inc. | Real Estate | 18.35% | 79% | 0 yr | $1.3B | C |
 SACHSachem Capital Corp. | Real Estate | 18.33% | 500% | 0 yr | $41.8M | D |
 SOHOBSotherly Hotels Inc. | Real Estate | 18.18% | — | 0 yr | — | C |
 ARRARMOUR Residential REIT, Inc. | Real Estate | 17.87% | 65% | 0 yr | $2.3B | C |
 REFIChicago Atlantic Real Estate Finance, Inc. | Real Estate | 17.39% | 138% | 0 yr | $278.8M | D |
 PMTPennyMac Mortgage Investment Trust | Real Estate | 17.32% | 111% | 0 yr | — | D |
 MFAMFA Financial, Inc. | Real Estate | 16.59% | 143% | 1 yr | $891.6M | D |
 AHT-PDAshford Hospitality Trust, Inc. | Real Estate | 16.58% | — | 0 yr | — | C |
 RWTRedwood Trust, Inc. | Real Estate | 16.29% | 329% | 1 yr | $564.0M | D |
 SUNSSunrise Realty Trust, Inc. | Real Estate | 16.04% | 126% | 0 yr | $100.8M | D |
 DXDynex Capital, Inc. | Real Estate | 16.01% | 65% | 2 yr | $3.2B | C |
 CIMChimera Investment Corporation | Real Estate | 15.93% | 86% | 1 yr | $960.3M | C |
 AOMRAngel Oak Mortgage REIT, Inc. | Real Estate | 15.61% | 173% | 0 yr | $205.5M | D |
 AHT-PGAshford Hospitality Trust, Inc. | Real Estate | 15.09% | — | 0 yr | — | C |
 AHT-PIAshford Hospitality Trust, Inc. | Real Estate | 14.99% | — | 0 yr | — | C |
 SEVNSeven Hills Realty Trust | Real Estate | 14.97% | 163% | 0 yr | $168.1M | D |
 ARIApollo Commercial Real Estate Finance, Inc. | Real Estate | 14.68% | 94% | 0 yr | $881.8M | D |
 AHT-PHAshford Hospitality Trust, Inc. | Real Estate | 14.65% | — | 0 yr | — | C |
 MITTTPG Mortgage Investment Trust, Inc. | Real Estate | 14.46% | 123% | 2 yr | $213.7M | D |
 AHT-PFAshford Hospitality Trust, Inc. | Real Estate | 13.95% | — | 0 yr | — | C |
 BRSPBrightSpire Capital, Inc. | Real Estate | 13.79% | 2000% | 0 yr | $593.4M | D |
 CHMICherry Hill Mortgage Investment Corporation | Real Estate | 13.65% | 190% | 0 yr | $109.8M | D |
 BXMTBlackstone Mortgage Trust, Inc. | Real Estate | 13.61% | 2350% | 0 yr | $2.4B | D |
 AGNCAGNC Investment Corp. | Real Estate | 13.57% | 72% | 0 yr | $12.6B | C |
 IIPRInnovative Industrial Properties, Inc. | Real Estate | 13.53% | 172% | 8 yr | $1.6B | D |
 ACREAres Commercial Real Estate Corporation | Real Estate | 13.42% | 2267% | 0 yr | $252.4M | D |
 FBRTFranklin BSP Realty Trust, Inc. | Real Estate | 13.31% | 258% | 0 yr | $706.7M | D |
 NLYAnnaly Capital Management, Inc. | Real Estate | 13.26% | 69% | 1 yr | $17.1B | C |
 RC-PCReady Capital Corporation | Real Estate | 12.50% | — | 0 yr | — | C |
 TRTXTPG RE Finance Trust, Inc. | Real Estate | 12.50% | 175% | 0 yr | $598.8M | D |
| ADAMADAMAdamas Trust, Inc. | Real Estate | 12.49% | 57% | 1 yr | $863.7M | C |
 STWDStarwood Property Trust, Inc. | Real Estate | 12.36% | 325% | 0 yr | $6.0B | D |
 RC-PEReady Capital Corporation | Real Estate | 12.32% | — | 0 yr | — | C |
 LFT-PALument Finance Trust, Inc. | Real Estate | 12.15% | — | 0 yr | — | C |
 BHR-PDBraemar Hotels & Resorts Inc. | Real Estate | 12.06% | — | 0 yr | — | C |
 CHCTCommunity Healthcare Trust Incorporated | Real Estate | 11.84% | 284% | 10 yr | $426.9M | D |
 EFCEllington Financial Inc. | Real Estate | 11.76% | 98% | 0 yr | $1.8B | D |
 CLPRClipper Realty Inc. | Real Estate | 11.69% | 0% | 0 yr | $138.5M | C |
 NREFNexPoint Real Estate Finance, Inc. | Real Estate | 11.57% | 85% | 0 yr | $404.5M | C |
 RPTRithm Property Trust Inc. | Real Estate | 11.44% | 343% | 0 yr | $97.1M | D |
 CMRFCIM Group, Inc. | Real Estate | 11.34% | — | 0 yr | $1.0B | C |
 TWOTwo Harbors Investment Corp | Real Estate | 11.17% | 76% | 0 yr | $1.3B | C |
 CDR-PBCedar Realty Trust, Inc. | Real Estate | 11.15% | — | 0 yr | — | C |
 NLCPNewLake Capital Partners, Inc. | Real Estate | 11.12% | 146% | 4 yr | $324.4M | D |
 SQFTPPresidio Property Trust, Inc. | Real Estate | 10.83% | — | 0 yr | — | C |
 LOANManhattan Bridge Capital, Inc. | Real Estate | 10.78% | 108% | 0 yr | $46.3M | D |
 BDNBrandywine Realty Trust | Real Estate | 10.70% | 543% | 0 yr | $523.3M | D |
 MITT-PCTPG Mortgage Investment Trust, Inc. | Real Estate | 10.69% | — | 2 yr | — | C |
 BPYPOBrookfield Property Partners L.P. | Real Estate | 10.59% | — | 0 yr | — | C |
 CDR-PCCedar Realty Trust, Inc. | Real Estate | 10.59% | — | 0 yr | — | C |
 GPMT-PAGranite Point Mortgage Trust Inc. | Real Estate | 10.56% | — | 0 yr | — | C |
 BPYPNBrookfield Property Partners L.P. | Real Estate | 10.45% | — | 0 yr | — | C |
| ADAMADAMMAdamas Trust, Inc. | Real Estate | 10.45% | — | 1 yr | — | C |
 NXDT-PANexPoint Diversified Real Estate Trust | Real Estate | 10.43% | — | 0 yr | — | C |
 BHR-PBBraemar Hotels & Resorts Inc. | Real Estate | 10.43% | — | 0 yr | — | C |
