other_material
confidence high
sentiment neutral
materiality 0.60
Fortress Net Lease REIT reports June 30 NAV per share; total NAV rises to $1.18B
Fortress Net Lease REIT
- Class I NAV per share $10.2359, down from $10.2370 at May 31; total NAV increased to $1,183.6M.
- Class F-S $10.2272, Class F-I $10.2809, Class D-S $10.4508, Class E $10.5120; OP Units $10.6233.
- Total NAV grew $39.4M from May 31, driven by real estate investments up $128.1M to $1,723.2M.
- Outstanding shares/units rose to 114,518 from 110,754; revolving credit facility increased to $622M.
item 8.01