Private Placement (Form 8-K)

On October 1, 2025, Goldman Sachs Real Estate Finance Trust Inc (the "Company") sold unregistered shares of its common stock (the "Shares") pursuant to its ongoing private offering (the "Offering"). The offer and sale of the Shares was exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), pursuant to Section 4(a)(2) thereof and Regulation D thereunder. The following table details the Shares sold:

The sale of the Shares in the Offering was made pursuant to subscription agreements entered into by the Company and the purchasers thereof. The Company relied, in part, upon representations from the purchasers in the subscription agreements that each purchaser was an accredited investor (as defined in Regulation D under the Securities Act).

Distributions

On or about October 10, 2025, the Company will pay distributions per share for each outstanding class of its common stock for the month of September 2025 in the amount set forth below. The gross distribution consists of a regular distribution in the amount of $0.1660 per share.

The net distribution for each class of common stock (which represents the gross distribution less distribution fees for the applicable class of common stock) are payable to stockholders of record as of the close of business on September 30, 2025 (the "Record Date"). There are no distribution fees with respect to shares of the Class I, Class F-Ior non-votingcommon stock. As of the Record Date, the Company had no outstanding shares of Class T, Class D and Class F-IIcommon stock. These distributions will be paid in cash or reinvested in the applicable class of common stock for stockholders participating in the Company's distribution reinvestment plan.

Loan Originations

Delray Beach Hotel

On September 26, 2025, the Company originated a $61.0 million floating rate, first mortgage loan collateralized by a 141-keyhotel property located in Delray Beach, Florida ("Delray Beach Hotel"). The mortgage loan is intended to refinance the existing debt on the property. The initial term of the loan is two years and provides for three one-year extensionoptions, subject to the satisfaction of certain pre-defined conditionsby the borrower. Monthly payments consist of interest only at a rate of one-month term SecuredOvernight Financing Rate ("SOFR") plus 3.05%.

Emeryville Multifamily

On September 30, 2025, the Company originated a $51.3 million floating rate, first mortgage loan collateralized by a 186-unitmultifamily property located in Emeryville, California ("Emeryville Multifamily"). The mortgage loan is intended to refinance the existing debt on the property. The initial term of the loan is two years and provides for three one-year extensionoptions, subject to the satisfaction of certain pre-defined conditionsby the borrower. Monthly payments consist of interest only at a rate of one-month term SOFRplus 3.20%.