07/15/2025 | Press release | Distributed by Public on 07/15/2025 14:37
NAV per Share | |||||
Class E
|
$ | 10.8159 | |||
Class F | $ | 10.6769 | |||
Class FF | $ | 10.5157 | |||
Class AA | $ | 10.5446 | |||
Class A | $ | 10.4246 | |||
Class I-S | $ | 10.3824 |
Components of NAV
|
||||||||
Investments in real estate, net (including goodwill)
|
$ | 596,371 | ||||||
Investment in an unconsolidated joint venture | 2,114 | |||||||
Investment in real estate debt | 60,732 | |||||||
Cash and cash equivalents
|
23,803 | |||||||
Restricted cash
|
13,883 | |||||||
Receivables
|
923 | |||||||
Other assets
|
3,173 | |||||||
Mortgages, credit facility and financing obligations, net
|
(268,927) | |||||||
Accounts payable and other liabilities
|
(16,778) | |||||||
Management fee payable | (315) | |||||||
Accrued performance participation allocation | (623) | |||||||
Due to related parties, net | (38) | |||||||
Noncontrolling interest in the consolidated subsidiaries | (27,932) | |||||||
Net Asset Value
|
$ | 386,386 | ||||||
Number of outstanding shares/units
|
36,329,350 |
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
|
$ | 42,411 | $ | 209,348 | $ | 65,638 | $ | 48,987 | $ | 17,771 | $ | 511 | $ | 1,720 | $ | 386,386 | ||||||||||||||||||||||||||||||||||
Number of outstanding shares/units
|
3,921,217 | 19,607,441 | 6,241,937 | 4,645,736 | 1,704,696 | 49,253 | 159,070 | 36,329,350 | ||||||||||||||||||||||||||||||||||||||||||
NAV Per Share/Unit
|
$ | 10.8159 | $ | 10.6769 | $ | 10.5157 | $ | 10.5446 | $ | 10.4246 | $ | 10.3824 | $ | 10.8159 | $ | 10.6357 |