Korth Direct Mortgage Inc. ("KDM") is a vertically integrated originator, lender, servicer, underwriter, and securitizer of commercial real estate debt. We finance our lending via corporate notes backed by the mortgages. Our Mortgage Secured Notes ("MSNs") are issued by KDM and secured by the underlying loans on the CRE properties; the payment of the notes is dependent upon the cash flows from the underlying mortgage loan. KDM primarily lends on cash flowing tenanted property and high quality value add assets.