---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-102837"
form_type: "8-K"
ticker: null
cik: "0002026738"
company_name: "FORTRESS CREDIT REALTY INCOME TRUST"
filed_at: "2025-08-05T23:59:59+00:00"
generated_at: "2026-05-17T21:06:05.407593+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fortress Credit Realty Income Trust subsidiary enters $250M repurchase facility with Morgan Stanley

## Summary
- FCR MS Seller LLC, a subsidiary of Fortress Credit Realty Income Trust, entered $250M master repurchase facility with Morgan Stanley.
- Facility provides financing for mortgage/mezzanine loans; interest at Term SOFR plus margin.
- Termination date July 24, 2029, with one-year extension option subject to conditions.
- Company guarantees up to 25% of outstanding principal; bad-boy carveouts apply.
- Includes financial covenants on minimum net worth, liquidity, and maximum leverage.

## SEC filing metadata
- accession: 0000950170-25-102837
- form_type: 8-K
- cik: 0002026738
- company_name: FORTRESS CREDIT REALTY INCOME TRUST
- filed_at: 2025-08-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2026738/000095017025102837/0000950170-25-102837-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2026738/000095017025102837/ck0002026738-20250724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-102837
- JSON: https://secwatch.observer/filing/0000950170-25-102837.json
- Plain text: https://secwatch.observer/filing/0000950170-25-102837.txt

## Key facts
- Debt Financings
  FORTRESS CREDIT REALTY INCOME TRUST incurred debt of up to an aggregate of $250 million with Morgan Stanley Mortgage Capital Holdings LLC at Term SOFR for a one-month period plus a margin as agreed upon maturing July 24, 2029.
  - Principal: up to an aggregate of $250 million
  - Counterparty: Morgan Stanley Mortgage Capital Holdings LLC
  - Rate: Term SOFR for a one-month period plus a margin as agreed upon
  - Maturity: July 24, 2029
  - Event: incurrence
  source text: MS Repurchase Facility On July 24, 2025, a subsidiary of Fortress Credit Realty Income Trust (the “ Company ”), FCR MS Seller LLC, as seller (the “ MS Seller ”), Morgan Stanley Mortgage Capital Holdings LLC, as administrative agent (“ Administrative Agent ”) for Morgan Stanley Bank, N.A.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2026738/000095017025102837/0000950170-25-102837-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.