RE: Got Seduced By the Juicy Divvy... I've had FC on my radar for sometime now, but it's the construction and development loans that have stopped me from jumping in. Alternatives that I have purchased are MTG (Timbercreek Senior MIC, buy the "I" Class on an offering if you are accredited) and ACM Commercial Mortgage Fund (not listed). These are both steady payers with low loan to value mortgages. Primarily first mortgages. The loans are also mostly under 3 years so if rates rise they can issue new loans at higher rates.