other material
confidence high
sentiment neutral
materiality 0.50
Fortress Net Lease REIT issues 7.8M shares for $81.3M; declares Feb distributions
Fortress Net Lease REIT
- Issued 7,799,360 common shares across five classes for gross proceeds of ~$81.3M under registration exemption.
- Class S: $18.9M; Class I: $26.8M; Class F-S: $3.8M; Class F-I: $31.9M.
- Declared monthly distributions per share ranging from $0.0534 net (Class S) to $0.0715 net (Class E).
- Distributions payable March 3, 2026, to holders of record February 27, 2026; cash or DRIP reinvestment.