FORTRESS CREDIT REALTY INCOME TRUST 8-K

What Happened
Fortress Credit Realty Income Trust announced its net asset value (NAV) as of January 31, 2026 (reported February 13, 2026; 8-K filed February 19, 2026). The company reported total NAV of $1,277,557 (amounts stated in the filing as thousands — approximately $1.278 billion) and 63,829 outstanding shares (also reported in thousands). NAV per share by class ranged roughly from $19.9015 to $20.1350 as of January 31, 2026.

Key Details

• Total NAV increased to $1,277,557 (amounts in thousands) as of Jan 31, 2026, up from $1,240,042 as of Dec 31, 2025 — a rise of $37,515 (≈ 3.03%).
• Outstanding shares increased from 61,901 to 63,829 (both figures reported in thousands).
• Major assets and liabilities (amounts in thousands) as of Jan 31, 2026: commercial real estate loan investments $2,185,245; investments in real estate-related assets $445,000; cash and cash equivalents $281,198; secured debt arrangements $(1,405,139); revolving credit facilities $(261,992).
• NAV per share by class (Jan 31, 2026): Class B $20.0550; Class R $19.9107; Class J-1 $19.9172; Class J-2 $19.9015; Class J-4 $20.1350; Class S $20.1129; Class I $20.1116; Class E $20.0367. The filing was signed by CFO Avraham Dreyfuss.

Why It Matters
NAV provides a snapshot of the company’s per‑share economic value and shows how assets, liabilities and share issuance affected shareholders’ intrinsic value month‑over‑month. Total NAV rose about 3% from year-end 2025, while share counts also increased ~3%, leaving NAV per share by class largely stable in the $19.90–$20.14 range. Investors use these NAV figures to gauge portfolio value, leverage levels (secured debt and credit facilities reported), and near‑term per‑share valuation trends.