Fortress Net Lease REIT
06/05/2026 | Press release | Distributed by Public on 06/05/2026 12:44
Private Placement (Form 8-K)
Item 3.02 Unregistered Sales of Equity Securities.
On June 1, 2026, Fortress Net Lease REIT (the "Company" or "we") issued and sold an aggregate of 10,853,532 common shares for gross proceeds of approximately $113.6 million, based on net asset value per share of the applicable class of common shares as of April 30, 2026. The offers and sales of these shares were exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2), Regulation D and/or Regulation S thereunder.
The following table details the common shares sold:
|
Common Shares |
Number of Shares Sold |
Gross Proceeds |
||||||
|
Class S |
4,587,008 |
$ |
47,751,666 |
|||||
|
Class I |
4,817,013 |
$ |
50,494,821 |
|||||
|
Class F-S |
141,104 |
$ |
1,484,000 |
|||||
|
Class F-I |
1,207,988 |
$ |
12,788,000 |
|||||
|
Class E |
100,419 |
$ |
1,100,000 |
|||||
Item 8.01 Other Events.
On May 29, 2026, the Company declared distributions for each class of its common shares in the amount per share set forth below:
|
Gross Distribution |
Shareholder Servicing Fee |
Management Fee |
Net Distribution |
|||||||||||||
|
Class S |
$ |
0.0729 |
$ |
0.0074 |
$ |
0.0108 |
$ |
0.0547 |
||||||||
|
Class I |
$ |
0.0729 |
$ |
- |
$ |
0.0109 |
$ |
0.0620 |
||||||||
|
Class F-S |
$ |
0.0729 |
$ |
0.0074 |
$ |
0.0088 |
$ |
0.0567 |
||||||||
|
Class F-I |
$ |
0.0729 |
$ |
- |
$ |
0.0088 |
$ |
0.0641 |
||||||||
|
Class D-S |
$ |
0.0729 |
$ |
- |
$ |
0.0091 |
$ |
0.0639 |
||||||||
|
Class E |
$ |
0.0729 |
$ |
- |
$ |
- |
$ |
0.0729 |
||||||||
The net distributions for each class of common shares (which represents the gross distributions less shareholder servicing fees and management fees for the applicable class of common shares) are payable to shareholders of record immediately following the close of business on May 29, 2026, and will be paid on or about June 1, 2026. These distributions will be paid in cash or reinvested in the applicable class of the Company's common shares for shareholders participating in the Company's distribution reinvestment plan.
Fortress Net Lease REIT published this content on June 05, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 05, 2026 at 18:44 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]