Item 3.02 Unregistered Sales of Equity Securities.
On August 1, 2024, Sculptor Diversified Real Estate Income Trust, Inc. (the "Company") issued the following shares based on the respective net asset value per share as of June 30, 2024.
The following table details the shares issued and gross proceeds:
|
Number of Shares Issued
|
Gross Proceeds
|
Class E Shares(1)
|
9,784
|
$
|
105,592
|
Class FF Shares
|
2,356
|
25,000
|
Class AA Shares(2)
|
237,565
|
2,570,600
|
Class A Shares
|
27,202
|
291,000
|
Total
|
276,907
|
$
|
2,992,192
|
_______________________________________
(1)Class E shares were issued to Sculptor Advisors LLC as payment for accrued management fees.
(2)Includes sales load fees of $40,600 for Class AA Shares.
On July 12, 2024, the Company, pursuant to its distribution reinvestment plan, issued the following shares based on the respective net asset value per share as of May 31, 2024:
|
Number of Shares Issued
|
Purchase Price
|
Class E Shares(1)
|
1,265
|
$
|
13,731
|
Class F Shares
|
126
|
1,354
|
Class FF Shares
|
21,376
|
227,910
|
Class AA Shares
|
4,073
|
43,670
|
Total
|
26,840
|
$
|
286,665
|
_______________________________________
(1)Includes distributions of 132 Class E restricted shares or $1,429 of shares in connection with the restricted stock held by our independent directors under our independent director compensation plan.
The offer, sale, and issuance of these shares were exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2), Regulation D and/or Regulation S thereunder.