Material Event (Form 8-K)

Item 8.01      Other Items.

Distribution Recommendation

At the recommendation of the adviser, the board of directors of FS Credit Real Estate Income Trust, Inc. (the "Company") approved a reduction in the monthly distribution paid by the Company for the Company's common stock commencing with the distribution to holders of record as of February 26, 2026. The advisor and the board of directors considered a range of factors in making this determination, including current and projected base rates, market spreads, portfolio leverage, the pace of capital inflows and the expected timing of potential new originations, paydowns and prepayments, among other considerations. The February distribution will be paid on February 27, 2026 to holders of record as of February 26, 2026, in the following amounts: $0.1479 for Class I shares, $0.1415 for Class D shares, $0.1415 for Class M shares, $0.1300 for Class S Shares, $0.1300 for Class T shares, $0.1736 for Class F shares and $0.1739 for Class Y shares. As a result, based on the February distribution and the respective net asset values as of December 31, 2025, the annualized distribution rate is 7.42% for Class I shares, 6.89% for Class D shares, 6.87% for Class M shares, 6.28% for Class S shares, 6.34% for Class T shares. 8.27% for Class F shares and 8.73% for Class Y shares. The adviser and the board of directors will continue to evaluate the Company's distribution rate based on market conditions and the potential impact of interest rates on the portfolio. The timing and amount of distributions are at the discretion of the Company's board of directors and, as such, no assurance can be made as to the amount of any future distributions.