Oak Street Net Lease Trust

09/03/2026 | Press release | Distributed by Public on 09/03/2026 14:21

Private Placement (Form 8-K)

Item 3.02. Unregistered Sale of Equity Securities.
On September 1, 2026, Blue Owl Real Estate Net Lease Trust (the "Company," "ORENT," "we" or "us") sold an aggregate of 16,640,734 of its common shares for gross proceeds of approximately $178.6 million, based on net asset value per share as of July 31, 2026. The offers and sales 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.
The following table details the common shares sold:
Common shares Number of Shares Sold Gross Proceeds
Class S 6,230,406 $66,767,146*
Class N 1,912,360 $20,814,675*
Class D 119,118 $1,250,000
Class I 8,378,850 $89,799,485
*Gross proceeds for Class S and Class N and shares include aggregate commissions, which consist of the sales load and dealer manager fees, of $478,739 and $294,675, respectively.
Item 8.01. Other Events.
Distributions
On August 25, 2026, the Company declared distributions for each outstanding class of its common shares in the amount per share set forth below:
Gross Distribution Shareholder Servicing Fee Net Distribution
Class S $0.0625000 $(0.0076808) $0.0548192
Class N $0.0625000 $(0.0045567) $0.0579433
Class D $0.0625000 $(0.0022281) $0.0602719
Class I $0.0625000 $- $0.0625000
The net distributions for each class of common shares (which represents the gross distributions less shareholder servicing fees for the applicable class of common shares) are payable to shareholders of record immediately following the close of business on August 31, 2026 and will be paid on or about September 17, 2026. These distributions will be paid in cash or reinvested in shares of the Company's common shares for shareholders participating in the Company's distribution reinvestment plan.
Oak Street Net Lease Trust published this content on September 03, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on September 03, 2026 at 20:21 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 If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]