Dragonfly OS
JM

Good morning, Jason

Executive brief · Tuesday, July 29, 2026

Properties
5
1,237,000 SF
Portfolio value
$235.8M
Gross asset value
NOI (annual)
$9.1M
In-place, stabilized
Debt
$121.5M
51.5% of GAV
Occupancy
73.9%
Operating assets
Unfunded equity
$8.9M
Across commitments

Today's priorities

Ranked by financial exposure & urgency

AI generated
  • Review Ovation Draw #7 backupConstruction

    Forecast at completion is $1.4M over budget; verify change orders before approval.

    in 5d
    Construction
  • Resolve UCC releases with prior lender (Harborview)DealsBlocked

    Outstanding UCC-3 filings block clean title for sale closing.

    in 8d
    Legal
  • Countersign Ace Hardware renewal LOILeasingWaiting

    Anchor renewal gates the Regency refinance rate lock.

    in 3d
    A. Reyes
  • Obtain estoppels from Coastal Distribution & GulfstreamLoans

    Required for Seacoast refinance package; loan matures Nov 30.

    in 6d
    J. Morjain
  • Order updated appraisal — RegencyDeals
    in 10d
    A. Reyes

Approvals needed

5 awaiting you

  • Ovation Construction Draw #7
    Capital Expenditure · $4.2Mdue in 7d
  • Ace Hardware Renewal — proposed economics
    Lease Proposal · $573Kdue in 3d
  • Capital Call #3 — Fund II
    Capital Call · $3.9Mdue in 4d
  • Q2 Investor Update (AI draft)AI
    Investor Communicationdue in 6d
  • Sabal Point — extend DD period 10 days
    Deal Extensiondue in 9d

Portfolio alerts

Exception-based — what's at risk

Risk report
High
Seacoast loan matures in 124 days — DSCR 1.18 below 1.20 covenant
Loan / Covenant · Dragonfly Commerce Park
$17.5M
High
Rate cap on Commerce Park loan expires Oct 15
Loan · Dragonfly Commerce Park
High
Ace Hardware lease expires Dec 31 — renewal notice due Sep 30
Leasing · Regency Marketplace
$546K
High
Harborview sale: UCC releases unresolved — closing at risk
Closing · Harborview Logistics
Medium
Ovation forecast $1.4M over budget (draw #7)
Construction · Ovation Orlando
$1.4M
Medium
SunState Fitness delinquent — $58.5K balance
Tenant Credit · Regency Marketplace
$59K
Medium
Oakline Ventures $5.0M commitment unfunded — KYC pending
Investor

Recent changes

Since your last login

  • Ovation forecast at completionAI
    $58.0M $59.4M · Jul 26, 2026
  • Regency occupancy
    93% 94% · Jul 25, 2026
  • Sabal Point stage
    Under Contract Due Diligence · Jul 24, 2026
  • Commerce Park DSCR (T-12)AI
    1.22 1.18 · Jul 23, 2026
  • Harborview LOI cap rate
    5.75% 5.50% · Jul 21, 2026

Transaction pipeline

2 active transactions

Open deals