other material
confidence high
sentiment neutral
materiality 0.50
GS Real Estate Finance Trust raises $46.5M in private placement, originates $82.5M in loans, shifts advisor to GSAM
Goldman Sachs Real Estate Finance Trust Inc
- Sold 739,622 Class I shares for $18.5M, 119,674 Class S for $3.0M, and 998,402 Class F-II for $25.0M in private offering.
- November 2025 net distributions: Class S $0.1485, Class I $0.1660, Non-Voting $0.1660, Class F-I $0.2122; paid Dec 10.
- Originated $43.9M and $38.6M floating-rate first mortgage loans on Houston multifamily properties; SOFR+2.30%, 3-year terms.
- External adviser changed from GS & Co. to GSAM effective Dec 1; no change expected in day-to-day management or investment committee.