Material Agreement, Financial Obligation (Form 8-K)

MS Repurchase Facility Amendment

On July 8, 2026, a subsidiary of Fortress Credit Realty Income Trust (the "Company"), FCR MS Seller LLC, as seller, Morgan Stanley Mortgage Capital Holdings LLC, as administrative agent for Morgan Stanley Bank, N.A., as buyer entered into an amendment (the "Second Amendment to MS Seller Repurchase Agreement") to that certain Master Repurchase and Securities Contract Agreement, dated July 24, 2025 and amended on March 12, 2026 (together with the related transaction documents and the Second Amendment to MS Seller Repurchase Agreement, the "MS Seller Repurchase Agreement"). Pursuant to the Second Amendment to MS Seller Repurchase Agreement, the financing available in connection with the acquisition and/or origination by the Company of certain loans as more particularly described in the MS Seller Repurchase Agreement was increased from an aggregate of $500 million to $750 million.

The foregoing description is only a summary of the material provisions of the Second Amendment to MS Seller Repurchase Agreement and is qualified in its entirety by reference to the full text of the Second Amendment to MS Seller Repurchase Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K, and incorporated by reference herein.

The information set forth in Item 1.01 of this Current Report is incorporated by reference into this Item 2.03.