10/15/2025 | Press release | Distributed by Public on 10/15/2025 14:13
| NAV per Share | |||||
|
Class E
|
$ | 11.2555 | |||
| Class F | $ | 11.0600 | |||
| Class FF | $ | 10.8892 | |||
| Class AA | $ | 10.8555 | |||
| Class A | $ | 10.7422 | |||
| Class I-S | $ | 10.7006 | |||
|
Components of NAV
|
||||||||
|
Investments in real estate, net (including goodwill)
|
$ | 620,800 | ||||||
| Investment in an unconsolidated joint venture | 2,176 | |||||||
| Investment in real estate debt | 63,763 | |||||||
|
Cash and cash equivalents
|
63,294 | |||||||
|
Restricted cash
|
19,400 | |||||||
|
Receivables
|
1,354 | |||||||
|
Other assets
|
13,644 | |||||||
|
Mortgages, credit facility and financing obligations, net
|
(270,999) | |||||||
|
Accounts payable and other liabilities
|
(23,645) | |||||||
| Management fee payable | (348) | |||||||
| Accrued performance participation allocation | (2,288) | |||||||
| Due to related parties, net | (25) | |||||||
| Noncontrolling interest in the consolidated subsidiaries | (31,682) | |||||||
|
Net Asset Value
|
$ | 455,444 | ||||||
|
Number of outstanding shares/units
|
41,306,939 | |||||||
|
NAV per share
|
Class E Shares | Class F Shares | Class FF Shares | Class AA Shares | Class A Shares | Class I-S Shares |
Operating Partnership Units(1)
|
Total | ||||||||||||||||||||||||||||||||||||||||||
|
NAV
|
$ | 83,133 | $ | 216,863 | $ | 68,649 | $ | 65,800 | $ | 18,641 | $ | 537 | $ | 1,821 | $ | 455,444 | ||||||||||||||||||||||||||||||||||
|
Number of outstanding shares/units
|
7,386,010 | 19,607,847 | 6,304,347 | 6,061,450 | 1,735,324 | 50,142 | 161,819 | 41,306,939 | ||||||||||||||||||||||||||||||||||||||||||
|
NAV Per Share/Unit
|
$ | 11.2555 | $ | 11.0600 | $ | 10.8892 | $ | 10.8555 | $ | 10.7422 | $ | 10.7006 | $ | 11.2555 | $ | 11.0259 | ||||||||||||||||||||||||||||||||||