Fortress Net Lease REIT
09/30/2025 | Press release | Distributed by Public on 09/30/2025 04:05
Regulation FD Disclosure (Form 8-K)
| Item 7.01. |
Regulation FD.
|
On September 29, 2025, Fortress Net Lease REIT (the "Company"), announced with deep sadness that Joshua Pack, Co-Chief Executive Officer and Trustee of the Company, passed away on September 29, 2025.
Fortress Investment Group LLC, an affiliate of our adviser, shared the following statement:
It is with deep sadness that we share the news of the sudden passing of our Co-Chief Executive Officer, Joshua Pack, earlier today. Josh was a member of the Fortress family for over 23 years and left an indelible mark on our entire institution. He was a skilled investor, thoughtful strategist and a caring manager of people. The people on his team cared about him as a friend, colleague, and leader, and he cared deeply about them. Most importantly, Josh was a loving father and husband; we are supporting the Pack family as best as we can.
Events like this can shock even the strongest institutions, and everyone at Fortress is emotionally devastated at the loss of one of our leaders. However, we have built a business that is strong and resilient, with a team that is many layers deep. Despite our grief, our commitment to our investors is unwavering. We will continue to safeguard your capital with the same discipline and focus that have defined our 25+ year track record.
Josh's Co-CEO Drew McKnight will continue to lead the firm together with Jack Neumark, who will become Co-CEO alongside Drew. In recognition of how important deep experience is in times of stress like this, our Founder and Executive Chairman Pete Briger will step forward and deepen his engagement with the firm and all of its processes. Pete's veteran presence and his deep familiarity with every aspect of our team, our investments and our culture will be of immense help in driving us forward.
We deeply appreciate the support of our investors in light of these difficult circumstances. As always, our Client Product & Solutions Group is available to answer any of your questions.
Sincerely,
Pete Briger, Drew McKnight, Jack Neumark
Events like this can shock even the strongest institutions, and everyone at Fortress is emotionally devastated at the loss of one of our leaders. However, we have built a business that is strong and resilient, with a team that is many layers deep. Despite our grief, our commitment to our investors is unwavering. We will continue to safeguard your capital with the same discipline and focus that have defined our 25+ year track record.
Josh's Co-CEO Drew McKnight will continue to lead the firm together with Jack Neumark, who will become Co-CEO alongside Drew. In recognition of how important deep experience is in times of stress like this, our Founder and Executive Chairman Pete Briger will step forward and deepen his engagement with the firm and all of its processes. Pete's veteran presence and his deep familiarity with every aspect of our team, our investments and our culture will be of immense help in driving us forward.
We deeply appreciate the support of our investors in light of these difficult circumstances. As always, our Client Product & Solutions Group is available to answer any of your questions.
Sincerely,
Pete Briger, Drew McKnight, Jack Neumark
Fortress Net Lease REIT published this content on September 30, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 30, 2025 at 10:05 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]