材料：
As part of the review, Tang asks Rodriguez to evaluate financing alternatives to determine if it would be better to use debt financing or to make an all cash purchase. Tang directs Rodriguez to inquire about terms with Richmond Life Insurance Company, a publicly traded company, which is an active lender on commercial real estate property. Rodriquez obtains the following information from Richmond Life for a loan on Property #1: loan term of 5 years, interest rate of 5.75% interest-only, maximum loan to value of 75%, and minimum debt service coverage ratio of 1.5x.
题目：
12. Richmond Life Insurance Company’s potential investment would be most likely described as:
A. private real estate debt.
B. private real estate equity.
C. publicly traded real estate debt.
还有ABC是什么意思，是指A：公司借贷去投资房地产，B：公司发股去投资房地产，C：不懂。
