Sculptor Diversified Real Estate Income Trust Inc.

06/16/2025 | Press release | Distributed by Public on 06/16/2025 13:01

Material Event (Form 8-K)

Item 8.01. Other Events.
May 31, 2025 Net Asset Value ("NAV") per Share
On June 16, 2025, we released the NAV per share for each share class of our common stock as of May 31, 2025, which amounts are as follows:
NAV per Share
Class E
$ 10.8311
Class F $ 10.6863
Class FF $ 10.5263
Class AA $ 10.5551
Class A $ 10.4378
Class I-S $ 10.3921
NAV Calculation
We calculate NAV per share in accordance with the valuation guidelines that have been approved by our board of directors. Our total NAV presented in the following tables includes the NAV of our Class E, Class F, Class FF, Class AA, Class A and Class I-S common shares, which were reduced by the noncontrolling interests in our consolidated subsidiaries.
The following table provides a breakdown of the major components of our NAV as of May 31, 2025 (amounts in thousands, except share/unit data):
Components of NAV
Investments in real estate, net (including goodwill)
$ 581,500
Investment in an unconsolidated joint venture 2,064
Investment in real estate debt 60,559
Cash and cash equivalents
24,622
Restricted cash
12,431
Receivables
832
Other assets
3,357
Mortgages, credit facility and financing obligations, net
(261,237)
Accounts payable and other liabilities
(15,452)
Management fee payable (309)
Accrued performance participation allocation (689)
Due to related parties, net (32)
Noncontrolling interest in the consolidated subsidiaries (28,262)
Net Asset Value
$ 379,384
Number of outstanding shares/units
35,636,434
The following table provides a breakdown of our total NAV and NAV per share/unit by class as of May 31, 2025 (amounts in thousands, except share/unit and per share/unit data):
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
$ 39,013 $ 209,530 $ 65,469 $ 46,611 $ 16,539 $ 509 $ 1,713 $ 379,384
Number of outstanding shares/units
3,601,939 19,607,307 6,219,562 4,415,973 1,584,531 48,960 158,162 35,636,434
NAV Per Share/Unit
$ 10.8311 $ 10.6863 $ 10.5263 $ 10.5551 $ 10.4378 $ 10.3921 $ 10.8311 $ 10.6459
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(1)Includes the partnership interests of Sculptor Diversified REIT Operating Partnership LP held by Sculptor Diversified REIT Special Limited Partner LP.
Sculptor Diversified Real Estate Income Trust Inc. published this content on June 16, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on June 16, 2025 at 19:01 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at support@pubt.io