03/16/2026 | Press release | Distributed by Public on 03/16/2026 04:01
| NAV per Share | |||||
|
Class E
|
$ | 11.7813 | |||
| Class F | $ | 11.4780 | |||
| Class FF | $ | 11.3351 | |||
| Class AA | $ | 11.2401 | |||
| Class A | $ | 11.1365 | |||
| Class I-S | $ | 11.0900 | |||
|
Components of NAV
|
||||||||
|
Investments in real estate, net (including goodwill)
|
$ | 778,400 | ||||||
| Investment in an unconsolidated joint venture | 2,699 | |||||||
| Investment in real estate debt | 168,294 | |||||||
|
Cash and cash equivalents
|
27,534 | |||||||
|
Restricted cash
|
30,974 | |||||||
|
Receivables
|
3,072 | |||||||
|
Other assets
|
4,131 | |||||||
|
Mortgages, credit facility and financing obligations, net
|
(356,448) | |||||||
|
Accounts payable and other liabilities
|
(37,158) | |||||||
| Management fee payable | (389) | |||||||
| Accrued performance participation allocation | (476) | |||||||
| Due to related parties, net | (32) | |||||||
| Noncontrolling interest in the consolidated subsidiaries | (33,494) | |||||||
|
Net Asset Value
|
$ | 587,107 | ||||||
|
Number of outstanding shares/units
|
51,062,591 | |||||||
|
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
|
$ | 149,407 | $ | 266,345 | $ | 69,904 | $ | 85,119 | $ | 9,454 | $ | 673 | $ | 6,205 | $ | 587,107 | ||||||||||||||||||||||||||||||||||
|
Number of outstanding shares/units
|
12,681,717 | 23,204,711 | 6,167,070 | 7,572,810 | 848,944 | 60,700 | 526,639 | 51,062,591 | ||||||||||||||||||||||||||||||||||||||||||
|
NAV Per Share/Unit
|
$ | 11.7813 | $ | 11.4780 | $ | 11.3351 | $ | 11.2401 | $ | 11.1365 | $ | 11.0900 | $ | 11.7813 | $ | 11.4978 | ||||||||||||||||||||||||||||||||||