{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-013979","form_type":"8-K","ticker":null,"cik":"0001966394","company_name":"Fortress Net Lease REIT","filed_at":"2025-04-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.589512+00:00","generated_at":"2026-05-23T15:04:47.807961+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Fortress Net Lease REIT upsizes credit facilities to $1.075B, incremental cap raised to $1.5B","bullets":["Total credit facilities increased from $900M to $1.075B: revolver from $755M to $892.5M, term loan from $145M to $182.5M.","Maximum incremental facility capacity raised from $1B to $1.5B, per Second Amendment dated April 11, 2025.","Lenders include Bank of America (admin agent), Capital One, KeyBank, Wells Fargo, Truist, and Huntington National Bank.","Borrower FNLR OP LP; guarantors include Fortress Net Lease REIT and 33 subsidiary LLCs."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-013979","json":"https://secwatch.observer/filing/0001140361-25-013979.json","markdown":"https://secwatch.observer/filing/0001140361-25-013979.md","text":"https://secwatch.observer/filing/0001140361-25-013979.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1966394/000114036125013979/0001140361-25-013979-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1966394/000114036125013979/ef20047431_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T15:04:47.807961+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6d3159f4a64a34d00269b5ec553219124ef27213","claim":"Fortress Net Lease REIT incurred term loan of $182.5 million with Bank of America, N.A., as administrative agent.","evidence_excerpt":"aggregate outstanding principal amount of the term loan from $145.0 million to $182.5 million","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1966394/000114036125013979/0001140361-25-013979-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$182.5 million"},{"label":"Counterparty","value":"Bank of America, N.A., as administrative agent"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"f71444fa6c80ec0bfd514f27c48441d2f2e565c3","claim":"Fortress Net Lease REIT incurred revolving credit of $892.5 million with Bank of America, N.A., as administrative agent.","evidence_excerpt":"aggregate commitments to the revolving credit facility from $755.0 million to $892.5 million","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1966394/000114036125013979/0001140361-25-013979-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$892.5 million"},{"label":"Counterparty","value":"Bank of America, N.A., as administrative agent"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}