12/16/2025 | Press release | Distributed by Public on 12/16/2025 12:04
| NAV per Share | |||||
|
Class E
|
$ | 11.3553 | |||
| Class F | $ | 11.1366 | |||
| Class FF | $ | 10.9632 | |||
| Class AA | $ | 10.9104 | |||
| Class A | $ | 10.8017 | |||
| Class I-S | $ | 10.7591 | |||
|
Components of NAV
|
||||||||
|
Investments in real estate, net (including goodwill)
|
$ | 755,481 | ||||||
| Investment in an unconsolidated joint venture | 2,274 | |||||||
| Investment in real estate debt | 69,109 | |||||||
|
Cash and cash equivalents
|
44,566 | |||||||
|
Restricted cash
|
24,933 | |||||||
|
Receivables
|
1,672 | |||||||
|
Other assets
|
3,065 | |||||||
|
Mortgages, credit facility and financing obligations, net
|
(349,352) | |||||||
|
Accounts payable and other liabilities
|
(30,514) | |||||||
| Management fee payable | (366) | |||||||
| Accrued performance participation allocation | (2,836) | |||||||
| Due to related parties, net | (29) | |||||||
| Noncontrolling interest in the consolidated subsidiaries | (33,350) | |||||||
|
Net Asset Value
|
$ | 484,653 | ||||||
|
Number of outstanding shares/units
|
43,652,199 | |||||||
|
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
|
$ | 90,374 | $ | 228,416 | $ | 69,315 | $ | 75,378 | $ | 18,765 | $ | 546 | $ | 1,859 | $ | 484,653 | ||||||||||||||||||||||||||||||||||
|
Number of outstanding shares/units
|
7,958,754 | 20,510,472 | 6,322,556 | 6,908,756 | 1,737,243 | 50,746 | 163,672 | 43,652,199 | ||||||||||||||||||||||||||||||||||||||||||
|
NAV Per Share/Unit
|
$ | 11.3553 | $ | 11.1366 | $ | 10.9632 | $ | 10.9104 | $ | 10.8017 | $ | 10.7591 | $ | 11.3553 | $ | 11.1026 | ||||||||||||||||||||||||||||||||||