Item 3.02 Unregistered Sales of Equity Securities.
On February 2, 2026, Sculptor Diversified Real Estate Income Trust, Inc. (the "Company") issued the following shares based on the respective net asset value per share as of December 31, 2025.
The following table details the shares issued and gross proceeds:
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Number of Shares Issued
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Gross Proceeds
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Class E Shares(1)
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3,000,411
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$
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35,198,420
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Class A Shares
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58,803
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653,690
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Class AA Shares(2)
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296,108
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3,359,750
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Class I-S Shares
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9,031
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100,000
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Total
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3,364,353
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$
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39,311,860
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_______________________________________
(1) Includes 16,755 shares at $196,553 issued to Sculptor Advisors LLC as payment for accrued management fees.
(2) Includes sales load fees of $34,750 for Class AA Shares.
On January 12, 2026, the Company, pursuant to their distribution reinvestment plans, issued the following shares based on the respective net asset value per share as of November 30, 2025:
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Number of Shares Issued
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Purchase Price
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Class E Shares(1)
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2,881
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$
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32,709
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Class F Shares
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139
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1,553
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Class FF Shares
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23,191
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254,248
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Class AA Shares
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24,031
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262,188
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Class A Shares
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977
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10,553
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Class I-S Shares
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307
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3,308
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Total
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51,526
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$
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564,559
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_______________________________________
(1)Includes distributions of 112 Class E restricted shares at $1,269 in connection with the restricted stock held by our independent directors under our independent director compensation plan.
The offer, sale, and issuance of these shares were exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2), Regulation D and/or Regulation S thereunder.
Item 7.01. Regulation FD Disclosure.
January 2026 Distributions
On January 31, 2026, the Company declared distributions for each class of its common stock in the amounts per share set forth below:
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Gross Distribution
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Distribution Fees
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Net Distribution
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Class E Shares
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$
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0.0668
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$
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-
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$
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0.0668
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Class F Shares
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$
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0.0668
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$
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-
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$
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0.0668
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Class FF Shares
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$
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0.0668
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$
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0.0048
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$
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0.0620
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Class A Shares
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$
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0.0668
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$
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-
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$
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0.0668
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Class AA Shares
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$
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0.0668
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$
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0.0048
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$
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0.0620
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Class I-S Shares
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$
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0.0668
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$
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-
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$
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0.0668
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The net distributions for each class of common stock (which represents the gross distributions less distribution fees for the applicable class of common stock) are payable to stockholders of record immediately following the close of business on
January 31, 2026 and will be paid on or about February 12, 2026. These distributions will be paid in cash or reinvested in shares of the Company's common stock for stockholders participating in the Company's distribution reinvestment plan.