for thank and today. you everyone, Welcome, us joining
we real profitability. in results, estate to and driving our and increased credit milestone are quarter several assets want achievements I third discussing growing Before platform businesses where alternative highlight
an purpose which initiatives. GECC investor's conjunction Corp. $X $XX GEG a an of special First, GECC SPV. investment million investing $XX accomplished $XX in Capital from of in supported vehicle, net at X Elm invested million our asset capital this million million by shares. new In value in BDC raise February, capital-raising equity capital with raised turn Great institutional common
our Elm, broaden SPV both with over believe We Great time partner are will relationship with their we to parties. working provide strategic for benefits which
As and Great of capital to this evidence NAV our success Group further accomplishing Elm noted raise was a clear for scale commitment huge I've before, GECC. at
to GECC resulted April, underwritten our $XX.X $XX GECC's completed million improvement assets as X-year basis million Overall, of in spread under more an at in capital, of than raising In BDC a August offering growth public our nearly issuance. contributing actions of significant XXXX point have management. to these compared note notes, XX fresh
This increase to anticipated will to management us Importantly, to investment temporary response fourth accretive through of quarter revenue also over sell first future build-to-suit to build on provides GEG's our revenue unrealized to vast generate time be the unrealized business, million value an the revenue to should we be our of and in-house second the will BTS loss business Elm our This the SPV value. a customers material platform adding investment this believe quarter-end, and seasoned loss in the a We noted our reverse is estate on sale Monomoy fiscal to for executing accounting to in in BDC.
Subsequent and loss distributions to stream mark believe close to-suit shareholder us in the projects Management, investment in value guided launched as signed rules our property opportunities.
It consulting this over the the net $X quarter. is majority by expected without lesser financial shareholders. that us BTS, will capital Monomoy fees its our fiscal this that from for time SPV BTS structure purchase utilizing is receives source in construction from real these significant and capital to operating endeavors raises property. create raising We Construction contract Monomoy XXXX this sale a GECC our Further, equity first of a into basis tenant owner able of additional fee team new considerable leverage a to recurring both through receive with allows the asset our provides potential costs. as This incentive significantly quarter Great demand, enable well to specifically embedded April, an services. pipeline.
Also for transaction, oversee capital. our business that as template SPV earning innovative fee incremental to BTS and representative BDC,
initial the this and opportunities by venture. encouraged are growth new for We demand
solid In Great a fiscal developments, XXXX. third Elm addition strategic to quarter of these had Group key
our million, to $X.X including respectively.
We year-over-year net the nearly period, grow total the capital from year cash AUM Fee-paying marketable securities continue revenues sequential assets management and our and $X.X to period. million under in the We generated loss growing $XX increase AUM an management and million million a quarter EBITDA of quarter-end, year the of on and prior asset a XX% We adjusted prior across for EBITDA fee-paying the GECC's ended $X.X both adjusted year from of XX% compared prior initiatives. and to from platform. alternative quarter raising deploy with proceeds XX% basis, increased April
X GECC anchor Monomoy. fee-paying and our Moving to vehicles,
sustained fee increased and revenue have across We both platforms. AUM
executed performance with fees both had the to We these quarterly accelerate are businesses.
GECC of dividend. at during quarter GECC key seek exceeding further the quarter pay of pleased strong momentum to with regular the portfolio million. the of drive and and products. capital properties REIT revenue will another cash NII in-place incentive continues the of successful fees, expansion with at the incentive continues million the back projects, and to and continued $X.X also fees renewal earned of should on options over GEG the in months.
Total GECC to BDC CLO approximately key leases XX capital-raising grow significant to tenants. $XX.X $X.X its quarter with from progress. revenues recent extensions fee properties last X well-positioned REIT term incentive amended remains these GECC into make acquire by perform.
Monomoy delivering fees GEG the X Calendar fee quarter and GECC from consecutive initiatives, continue meaningful were fourth bringing initiatives the leases, existing million from to tenant Combined, $XXX,XXX X GEG's to expansion to the year-to-date, increased repositioning, deployed GEG, as
service, Lastly, portfolio additional without sizable up capital refinanced Monomoy to growth. material any an facility a debt successfully $XX freed million annual its for of impact and debt
BTS and we have considerable our its meaningful extremely growth As by future encouraged pipeline referenced earlier, BTS developed nearing on our X projects. and projects and Great inaugural in projects progress of management completion, a X with business to construction make Florida continues construction future BTS Mississippi. build-to-suit prior for with We're Elm's we've X performance, fiscal XXXX in value I consistently potential outlined like our grow driving creating tying expand enhance platform, its and AUM. our to to beyond.
I'd these the comments continued fiscal towards progress goals shareholder our am conclude extremely in my pleased back quarters: by goals. our and With
asset reposition space Our growing Great accomplishments underscore accretive businesses commitment by adding core our our Elm management in the products. and to alternative
multiple we to Additionally, strategic evaluate initiatives. actively continue
expand our Keri. Elm.
With that, attractive of over opportunities we ahead, opportunities for platform businesses returns. to turn and offering to the remain risk-adjusted I'll it pursuing promising in Great We excited Moving new remain to allocate capital very steadfast future
