Sculptor Diversified Real Estate Income Trust Inc.

10/03/2024 | Press release | Distributed by Public on 10/03/2024 13:23

Private Placement Form 8 K

Item 3.02 Unregistered Sales of Equity Securities.
On October 1, 2024, Sculptor Diversified Real Estate Income Trust, Inc. (the "Company") issued the following shares based on the respective net asset value per share as of August 31, 2024.
The following table details the shares issued and gross proceeds:
Number of Shares Issued Gross Proceeds
Class E Shares(1)
10,446 $ 115,619
Class AA Shares(2)
94,586 1,037,500
Class A Shares 23,425 249,500
Total 128,457 $ 1,402,619
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(1) Class E shares were issued to Sculptor Advisors LLC as payment for accrued management fees.
(2) Includes sales load fees of $12,500 for Class AA Shares.
On September 12, 2024, the Company, pursuant to its distribution reinvestment plan, issued the following shares based on the respective net asset value per share as of July 31, 2024:
Number of Shares Issued Purchase Price
Class E Shares(1)
1,389 $ 15,449
Class F Shares 127 1,398
Class FF Shares 21,565 234,603
Class AA Shares 5,149 56,270
Class A Shares 159 1,741
Total 28,389 309,461
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(1)Includes distributions of 133 Class E restricted shares or $1,476 of shares 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.