Fortress Credit Realty Income Trust

07/18/2025 | Press release | Distributed by Public on 07/18/2025 10:51

Material Event (Form 8-K)

Item 8.01 Other Events.

June 30, 2025 NAV Per Share

On July 15, 2025, Fortress Credit Realty Income Trust (the "Company" or "we") reported net asset value ("NAV") per share for each outstanding class of common shares of the Company as of June 30, 2025, which is set forth below:

NAV per Share

Class B

$

20.1667

Class R

$

20.0314

Class J-1

$

20.0375

Class J-2

$

20.0224

Class J-4

$

20.2773

Class S

$

20.2705

Class I

$

20.2620

Class E

$

20.1449

Net Asset Value

A detailed calculation of the NAV per share is set forth below. We calculate NAV per share in accordance with the valuation guidelines that have been approved by our board of trustees. Our total NAV presented in the following tables includes the NAV of our outstanding classes of common shares, which includes Class B, Class R, Class J-1, Class J-2, Class J-4, Class S, Class I and Class E common shares. The following table provides a breakdown of the major components of our NAV as of June 30, 2025 (amounts in thousands):

Components of NAV

Amount

Commercial real estate loan investments

$

1,318,378

Investments in real estate-related assets

441,751

Cash and cash equivalents

180,986

Restricted cash

69,415

Other assets

17,738

Secured debt arrangements

(640,946

)

Subscriptions received in advance

(41,772

)

Revolving credit facilities

(256,046

)

Distribution payable

(6,149

)

Due to affiliate

(2,776

)

Other liabilities

(42,621

)

Non-controlling interests

(19,468

)

Net Asset Value

$

1,018,490

Number of outstanding shares

50,638

The following table provides a breakdown of our total NAV and NAV per share by class as of June 30, 2025 (amounts in thousands, except per share data):

Monthly NAV

Number of Outstanding Shares

NAV per Share
as of June 30, 2025

Class B

$

448,094

22,219

$

20.1667

Class R

88,771

4,432

$

20.0314

Class J-1

311,637

15,553

$

20.0375

Class J-2

65,757

3,284

$

20.0224

Class J-4

46,145

2,276

$

20.2773

Class S

6,025

297

$

20.2705

Class I

26,242

1,295

$

20.2620

Class E

25,819

1,282

$

20.1449

Total

$

1,018,490

50,638

The following table provides a breakdown of the major components of NAV as of May 31, 2025 (amounts in thousands):

Components of NAV

Amount

Commercial real estate loan investments

$

1,167,167

Investments in real estate-related assets

193,369

Cash and cash equivalents

150,107

Restricted cash

50,745

Other assets

71,412

Secured debt arrangements

(488,715

)

Subscriptions received in advance

(28,832

)

Revolving credit facilities

(76,387

)

Distribution Payable

(5,986

)

Due to affiliate

(3,201

)

Other liabilities

(27,869

)

Non-controlling interests

(15,210

)

Net Asset Value

$

986,600

Number of outstanding shares

49,144

The following table provides a breakdown of our total NAV and NAV per share by class as of May 31, 2025 (amounts in thousands, except per share data):

Monthly NAV

Number of Outstanding Shares

NAV per Share
as of May 31, 2025

Class B

$

445,728

22,140

$

20.1321

Class R

88,490

4,425

$

19.9980

Class J-1

309,373

15,466

$

20.0039

Class J-2

65,370

3,270

$

19.9890

Class J-4

30,405

1,501

$

20.2556

Class S

4,102

203

$

20.2426

Class I

17,271

853

$

20.2378

Class E

25,861

1,286

$

20.1081

Total

$

986,600

49,144

Fortress Credit Realty Income Trust published this content on July 18, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on July 18, 2025 at 16:51 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at support@pubt.io