Fortress Credit Realty Income Trust

11/20/2024 | Press release | Distributed by Public on 11/20/2024 16:24

Material Event Form 8 K

Item 8.01.
Other Events.

October 31, 2024NAV Per Share

On November 14, 2024, Fortress Credit Realty Income Trust (the "Company" or "we") reported the net asset value ("NAV") per share for each class of common shares of the Company as ofOctober 31, 2024, whichis set forth below:

NAV per Share
Class B
$
20.0622
Class I
$
20.0728
Class E
$
20.0738

Net Asset Value

A detailed calculation of the NAV per share is set forth below. We calculate NAV per share in accordance with the valuation guidelines that have been approved by our board of trustees. Our total NAV presented in the following tables includes the NAV of our outstanding classes of common shares, which includes Class B, Class R, Class S, Class D, Class I and Class E common shares. The following table provides a breakdown of the major components of our NAV as of October 31, 2024(amounts in thousands):

Components of NAV
Amount
Commercial real estate loan investments
$
80,657
Investments in real estate-related assets
16,066
Cash and cash equivalents
86,579
Restricted cash
9,458
Other assets
2,964
Secured debt arrangements
(57,258
)
Subscriptions received in advance
(8,261
)
Other liabilities
(3,169
)
Non-controlling interests
(1,312
)
Net Asset Value
$
125,724
Number of outstanding shares
6,266

The following table provides a breakdown of our total NAV and NAV per share by class as of October 31, 2024(amounts in thousands, except per share data):

Monthly NAV
Number of
outstanding shares
NAV per Share
as of October 31, 2024
Class B
$
107,612
5,364
$
20.0622
Class R
-
-
-
Class S
-
-
-
Class D
-
-
-
Class I
$
5,119
255
$
20.0728
Class E
$
12,993
647
$
20.0738
Total
$
125,724
6,266