07/15/2026 | Press release | Distributed by Public on 07/15/2026 14:33
| NAV per Share | |||||
|
Class E
|
$ | 11.7001 | |||
| Class F | $ | 11.3919 | |||
| Class FF | $ | 11.2465 | |||
| Class AA | $ | 11.1492 | |||
| Class A | $ | 11.0378 | |||
| Class I-S | $ | 10.9932 | |||
|
Components of NAV
|
||||||||
|
Investments in real estate, net (including goodwill)
|
$ | 803,000 | ||||||
| Investment in an unconsolidated joint venture | 62,897 | |||||||
| Investment in real estate debt | 167,225 | |||||||
|
Cash and cash equivalents
|
40,310 | |||||||
|
Restricted cash
|
12,815 | |||||||
|
Receivables
|
2,423 | |||||||
|
Other assets
|
2,608 | |||||||
|
Mortgages, credit facility and financing obligations, net
|
(371,170) | |||||||
|
Accounts payable and other liabilities
|
(21,108) | |||||||
| Management fee payable | (416) | |||||||
| Accrued performance participation allocation | (6) | |||||||
| Due to related parties, net | (23) | |||||||
| Noncontrolling interest in the consolidated subsidiaries | (32,502) | |||||||
|
Net Asset Value
|
$ | 666,053 | ||||||
|
Number of outstanding shares/units
|
58,269,497 | |||||||
|
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
|
$ | 210,818 | $ | 266,356 | $ | 70,014 | $ | 101,988 | $ | 9,890 | $ | 684 | $ | 6,303 | $ | 666,053 | ||||||||||||||||||||||||||||||||||
|
Number of outstanding shares/units
|
18,018,436 | 23,381,165 | 6,225,383 | 9,147,588 | 896,015 | 62,182 | 538,728 | 58,269,497 | ||||||||||||||||||||||||||||||||||||||||||
|
NAV Per Share/Unit
|
$ | 11.7001 | $ | 11.3919 | $ | 11.2465 | $ | 11.1492 | $ | 11.0378 | $ | 10.9932 | $ | 11.7001 | $ | 11.4306 | ||||||||||||||||||||||||||||||||||