Fortress Net Lease REIT raises $113.6M via 10.85M share private placement; declares June distributions

Fortress Net Lease REIT

Issued 10,853,532 common shares for gross proceeds of ~$113.6M at April 30 NAV per share.
Class S sold 4.59M shares ($47.8M), Class I 4.82M shares ($50.5M), others totaling 1.45M shares.
Declared gross distribution of $0.0729 per share for all classes; net distributions range $0.0547-$0.0729 after fees.
Net distributions payable to holders of record May 29, paid on or about June 1, 2026.

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