08/17/2026 | Press release | Distributed by Public on 08/17/2026 15:01
| NAV per Share | |||||
|
Class E
|
$ | 11.8100 | |||
| Class F | $ | 11.4600 | |||
| Class FF | $ | 11.3130 | |||
| Class AA | $ | 11.2155 | |||
| Class A | $ | 11.1067 | |||
| Class I-S | $ | 11.0598 | |||
|
Components of NAV
|
||||||||
|
Investments in real estate, net (including goodwill)
|
$ | 804,700 | ||||||
| Investments in unconsolidated joint ventures | 58,000 | |||||||
| Investment in real estate debt | 176,671 | |||||||
|
Cash and cash equivalents
|
56,406 | |||||||
|
Restricted cash
|
15,693 | |||||||
|
Receivables
|
4,931 | |||||||
|
Other assets
|
2,815 | |||||||
|
Mortgages, credit facility and financing obligations, net
|
(371,176) | |||||||
|
Accounts payable and other liabilities
|
(33,521) | |||||||
| Management fee payable | (422) | |||||||
| Accrued performance participation allocation | (1,240) | |||||||
| Due to related parties, net | (24) | |||||||
| Noncontrolling interest in the consolidated subsidiaries | (32,678) | |||||||
|
Net Asset Value
|
$ | 680,155 | ||||||
|
Number of outstanding shares/units
|
59,102,758 | |||||||
|
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
|
$ | 213,041 | $ | 268,967 | $ | 70,691 | $ | 110,654 | $ | 9,696 | $ | 707 | $ | 6,399 | $ | 680,155 | ||||||||||||||||||||||||||||||||||
|
Number of outstanding shares/units
|
18,039,056 | 23,470,093 | 6,248,683 | 9,866,191 | 873,012 | 63,925 | 541,798 | 59,102,758 | ||||||||||||||||||||||||||||||||||||||||||
|
NAV Per Share/Unit
|
$ | 11.8100 | $ | 11.4600 | $ | 11.3130 | $ | 11.2155 | $ | 11.1067 | $ | 11.0598 | $ | 11.8100 | $ | 11.5080 | ||||||||||||||||||||||||||||||||||