Starwood Credit Real Estate Income Trust
05/05/2025 | Press release | Distributed by Public on 05/05/2025 07:23
Private Placement (Form 8-K)
Item 3.02 Unregistered Sales of Equity Securities.
In connection with the continuous private offering of Starwood Credit Real Estate Income Trust, a Maryland statutory trust (the "Company"), on May 1, 2025, the Company sold an aggregate of 327,442.251 of its common shares of beneficial interest, par value $0.01 per share (the "Shares"), for aggregate consideration of approximately $6.6 million at a price per Class S Share, Class I Share, and Class E Share equal to $20.1440, $20.1238, and $20.6956, respectively, plus applicable upfront selling commissions and dealer manager fees. The offer and sale of the Shares was exempt from the registration provisions of the Securities Act of 1933, as amended, by virtue of Section 4(a)(2) and Regulation D promulgated thereunder.
The following table details the Shares sold:
|
Title of Securities |
Number of Shares Sold |
Aggregate Consideration |
||
|
Class S Shares |
183,677.520 |
$3,721,200(1) |
||
|
Class I Shares |
131,684.869 |
$2,650,000 |
||
|
Class E Shares |
12,079.862 |
$250,000 |
__________
(1)
Includes upfront selling commission and dealer manager fees of $21,2000.
Starwood Credit Real Estate Income Trust published this content on May 05, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on May 05, 2025 at 13:23 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]