Core University Living Real Estate Income Trust Sells $131.48M of Shares

What Happened
Core University Living Real Estate Income Trust filed a Form 8-K (Item 3.02) disclosing that on July 21, 2026 it sold 9,457,500 Class A common shares and 3,690,759 Class E common shares for aggregate proceeds of $94,575,000 and $36,907,590, respectively. The combined gross proceeds from the transactions were $131,482,590. The sales were made as exempt transactions under Section 4(a)(2) and Rule 506 of Regulation D (no public offering or general solicitation).

Key Details

• 9,457,500 Class A shares sold for $94,575,000 (implied price: $10.00/share).
• 3,690,759 Class E shares sold for $36,907,590 (implied price: $10.00/share).
• Sale date: July 21, 2026; Form 8-K filed July 24, 2026 (Item 3.02: Unregistered Sales of Equity Securities).
• Offering exemption: Section 4(a)(2) and Rule 506 of Regulation D (private placement, no general solicitation).

Why It Matters
The trust raised approximately $131.48 million in proceeds through these share sales, which provides liquidity or capital for its operations or investments. Because the trust issued additional Class A and Class E shares, existing shareholders’ percentage ownership can be diluted. The transactions were private placements exempt from Securities Act registration, meaning they were not offered in a public offering. Investors should monitor future disclosures for details on how the proceeds will be used and any impact on shares outstanding or distributions.