11/14/2025 | Press release | Distributed by Public on 11/14/2025 13:42
| NAV per Share | |||||
|
Class E
|
$ | 11.2907 | |||
| Class F | $ | 11.0878 | |||
| Class FF | $ | 10.9153 | |||
| Class AA | $ | 10.8697 | |||
| Class A | $ | 10.7616 | |||
| Class I-S | $ | 10.7194 | |||
|
Components of NAV
|
||||||||
|
Investments in real estate, net (including goodwill)
|
$ | 748,782 | ||||||
| Investment in an unconsolidated joint venture | 2,227 | |||||||
| Investment in real estate debt | 68,960 | |||||||
|
Cash and cash equivalents
|
34,182 | |||||||
|
Restricted cash
|
17,666 | |||||||
|
Receivables
|
1,375 | |||||||
|
Other assets
|
3,302 | |||||||
|
Mortgages, credit facility and financing obligations, net
|
(348,110) | |||||||
|
Accounts payable and other liabilities
|
(22,196) | |||||||
| Management fee payable | (355) | |||||||
| Accrued performance participation allocation | (2,527) | |||||||
| Due to related parties, net | (28) | |||||||
| Noncontrolling interest in the consolidated subsidiaries | (32,579) | |||||||
|
Net Asset Value
|
$ | 470,699 | ||||||
|
Number of outstanding shares/units
|
42,587,898 | |||||||
|
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
|
$ | 89,659 | $ | 217,409 | $ | 69,063 | $ | 73,505 | $ | 18,685 | $ | 541 | $ | 1,837 | $ | 470,699 | ||||||||||||||||||||||||||||||||||
|
Number of outstanding shares/units
|
7,940,916 | 19,607,983 | 6,327,139 | 6,762,396 | 1,736,279 | 50,443 | 162,742 | 42,587,898 | ||||||||||||||||||||||||||||||||||||||||||
|
NAV Per Share/Unit
|
$ | 11.2907 | $ | 11.0878 | $ | 10.9153 | $ | 10.8697 | $ | 10.7616 | $ | 10.7194 | $ | 11.2907 | $ | 11.0524 | ||||||||||||||||||||||||||||||||||