09/15/2026 | Press release | Distributed by Public on 09/15/2026 14:37
| NAV per Share | |||||
|
Class E
|
$ | 11.6694 | |||
| Class F | $ | 11.3487 | |||
| Class FF | $ | 11.2021 | |||
| Class AA | $ | 11.0903 | |||
| Class A | $ | 10.9872 | |||
| Class I-S | $ | 10.9170 | |||
|
Components of NAV
|
||||||||
|
Investments in real estate, net (including goodwill)
|
$ | 794,400 | ||||||
| Investments in unconsolidated joint ventures | 59,067 | |||||||
| Investment in real estate debt | 180,850 | |||||||
|
Cash and cash equivalents
|
57,612 | |||||||
|
Restricted cash
|
10,305 | |||||||
|
Receivables
|
2,040 | |||||||
|
Other assets
|
2,697 | |||||||
|
Mortgages, credit facility and financing obligations, net
|
(371,876) | |||||||
|
Accounts payable and other liabilities
|
(19,629) | |||||||
| Management fee payable | (446) | |||||||
| Accrued performance participation allocation | (6) | |||||||
| Due to related parties, net | (33) | |||||||
| Noncontrolling interest in the consolidated subsidiaries | (29,910) | |||||||
|
Net Asset Value
|
$ | 685,071 | ||||||
|
Number of outstanding shares/units
|
60,201,465 | |||||||
|
NAV per share
|
Class E Shares | Class F Shares | Class FF Shares | Class AA Shares | Class A Shares | Class I-S Shares |
Operating Partnership Units(1)
|
Total | ||||||||||||||||||||||||||||||||||||||||||
|
NAV
|
$ | 210,744 | $ | 267,370 | $ | 70,261 | $ | 117,306 | $ | 9,614 | $ | 3,418 | $ | 6,358 | $ | 685,071 | ||||||||||||||||||||||||||||||||||
|
Number of outstanding shares/units
|
18,059,482 | 23,559,614 | 6,272,076 | 10,577,334 | 875,023 | 313,049 | 544,887 | 60,201,465 | ||||||||||||||||||||||||||||||||||||||||||
|
NAV Per Share/Unit
|
$ | 11.6694 | $ | 11.3487 | $ | 11.2021 | $ | 11.0903 | $ | 10.9872 | $ | 10.9170 | $ | 11.6694 | $ | 11.3796 | ||||||||||||||||||||||||||||||||||