JP Morgan Real Estate Income Trust Inc.

10/31/2024 | Press release | Distributed by Public on 10/31/2024 09:46

Material Event Form 8 K

Item 8.01 Other Events.

On October 31, 2024, J.P. Morgan Real Estate Income Trust, Inc. (the "Company") declared distributions for each class of its common stock in the amount per share set forth below for record holders as of the date set forth above the table:

October 31, 2024 Record Date

Gross Distribution

Stockholder Servicing Fee

Net Distribution

Class I Common Stock

$

0.0375

$

-

$

0.0375

Class D Common Stock

$

0.0375

$

-

$

0.0375

Class S Common Stock

$

0.0375

$

(0.0078

)

$

0.0297

Class E Common Stock

$

0.0375

$

-

$

0.0375

Class Y Common Stock

$

0.0375

$

(0.0078

)

$

0.0297

As of October 31, 2024, the Company had no outstanding shares of Class T or Class X common stock. The net distributions for each class of common stock (which represents the gross distributions less stockholder servicing fees for the applicable class of common stock) are payable to stockholders of record immediately following 5:00 p.m. Eastern Time on the record date set forth above. The stockholder servicing fee on the Company's Class D common stock was waived for October 2024, and the net asset value attributable to current holders of Class D shares will not be included in the computation of stockholder servicing fees charged on Class D shares in perpetuity. There is no stockholder servicing fee with respect to Class I common stock or Class E common stock. These distributions will be paid on or about November 5, 2024 and will be paid in cash or reinvested in shares of the Company's common stock for stockholders participating in the Company's distribution reinvestment plan.