04/16/2026 | Press release | Distributed by Public on 04/16/2026 14:31
| NAV per Share | |||||
|
Class E
|
$ | 11.7704 | |||
| Class F | $ | 11.4611 | |||
| Class FF | $ | 11.3175 | |||
| Class AA | $ | 11.2212 | |||
| Class A | $ | 11.1149 | |||
| Class I-S | $ | 11.0707 | |||
|
Components of NAV
|
||||||||
|
Investments in real estate, net (including goodwill)
|
$ | 805,688 | ||||||
| Investment in an unconsolidated joint venture | 2,734 | |||||||
| Investment in real estate debt | 169,850 | |||||||
|
Cash and cash equivalents
|
33,515 | |||||||
|
Restricted cash
|
16,235 | |||||||
|
Receivables
|
3,698 | |||||||
|
Other assets
|
8,127 | |||||||
|
Mortgages, credit facility and financing obligations, net
|
(373,129) | |||||||
|
Accounts payable and other liabilities
|
(23,483) | |||||||
| Management fee payable | (391) | |||||||
| Accrued performance participation allocation | (587) | |||||||
| Due to related parties, net | (35) | |||||||
| Noncontrolling interest in the consolidated subsidiaries | (33,668) | |||||||
|
Net Asset Value
|
$ | 608,554 | ||||||
|
Number of outstanding shares/units
|
52,959,802 | |||||||
|
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
|
$ | 169,745 | $ | 265,954 | $ | 69,971 | $ | 87,331 | $ | 8,643 | $ | 676 | $ | 6,234 | $ | 608,554 | ||||||||||||||||||||||||||||||||||
|
Number of outstanding shares/units
|
14,421,419 | 23,204,852 | 6,182,549 | 7,782,686 | 777,596 | 61,066 | 529,634 | 52,959,802 | ||||||||||||||||||||||||||||||||||||||||||
|
NAV Per Share/Unit
|
$ | 11.7704 | $ | 11.4611 | $ | 11.3175 | $ | 11.2212 | $ | 11.1149 | $ | 11.0707 | $ | 11.7704 | $ | 11.4909 | ||||||||||||||||||||||||||||||||||