Material Agreement, Financial Obligation (Form 8-K)

Existing GS Repurchase Facilities Amendments

On April 30, 2026, a subsidiary of Fortress Credit Realty Income Trust (the "Company"), FCR GS Seller I LLC, as seller, and Goldman Sachs Bank USA ("Goldman Sachs") as purchaser, entered into a fourth amendment to the Master Repurchase Agreement, dated August 16, 2024, and amended on December 18, 2024, May 6, 2025 and November 20, 2025 (together with the related transaction documents, the "Amended Existing GS Repurchase Agreement"). Pursuant to the Amended Existing GS Repurchase Agreement, the financing available in connection with the acquisition and/or origination by the Company of certain loans, as more particularly described in the Amended Existing GS Repurchase Agreement, was increased to an aggregate amount not to exceed $1.3 billion during a temporary upsize period ending no later than 180 days after April 30, 2026 (the "Upsize Period").

In connection with the Amended Existing GS Repurchase Agreement, on April 30, 2026, the Company entered into a third amendment to the Guaranty, dated August 16, 2024, and amended on March 18, 2025, May 6, 2025 and November 20, 2025 (the "Amended Existing GS Guaranty"). Pursuant to the Amended Existing GS Guaranty, certain financial covenants were amended to reflect the Company's current status, including to require Liquidity (as defined in the Amended Existing GS Guaranty) of not below the greater of (A) $10,000,000 and (B) ten percent of the sum of purchase price of certain purchased assets, with respect to clause (B) not to exceed $50,000,000 as of such date during the Upsize Period and not to exceed $45,000,000 as of such date thereafter.

The Amended Existing GS Repurchase Agreement and the Amended Existing GS Guaranty contain various restrictions and covenants that are customary for similar agreements. The foregoing description is only a summary of the material provisions of the Amended Existing GS Repurchase Agreement and the Amended Existing GS Guaranty and is qualified in its entirety by reference to the full text of the Amended Existing GS Repurchase Agreement and the Amended Existing GS Guaranty which are filed as Exhibits 10.1 and 10.2 to this Current Report on Form 8-K (this "Current Report"), and incorporated by reference herein.

The information set forth in Item 1.01 of this Current Report is incorporated by reference into this Item 2.03.