CNL Strategic expands credit line with $5M non-formula facility for liquidity; April NAV $25.23; $0.1667 distribution

CNL Strategic Residential Credit, Inc.

First Amendment adds $5M Non-Formula Revolving Facility; proceeds solely for $5M liquidity covenant under Goldman Sachs repurchase facility.
Total borrowing capacity $15M ($10M revolver + $5M non-formula); Non-Formula Revolving Maturity Date Dec 31, 2026.
NAV per share April 30, 2026: Class E $25.23, Class FA $24.92; aggregate NAV $25.55B.
Monthly distribution declared $0.166667/share for Class E and Class FA, payable June 29, 2026.
Jan 14 – May 22, 2026: invested $9.2M in preferred equity of MSR entities and $45.2M in 135 residential mortgage whole loans.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CNL Strategic Residential Credit, Inc. amended First Amendment with Valley National Bank valued at up to five million dollars ($5.0 million) (effective 2026-05-22).

Action: amendment
Agreement: credit facility
Counterparty: Valley National Bank
Value: up to five million dollars ($5.0 million)
Effective: 2026-05-22

Exact text from the filing

On May 22, 2026, CNL Strategic Residential Credit, Inc. (the “Company”) and Valley National Bank, a Tennessee banking corporation, (referred to as “Valley National Bank”) entered into a First Amendment (“First Amendment”) to the Loan and Security Agreement (the “Loan Agreement”) previously entered into by such parties for a fifteen million dollar ($15 million) revolving line of credit (the “Line of Credit”).

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Source: SEC EDGAR

accession 0001999371-26-011367

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