Starwood Credit Real Estate Income Trust Reports $22.3M Unregistered Share Sale
Starwood Credit Real Estate Income TrustResearch Summary
AI-generated summary of this SEC filing
Starwood Credit Real Estate Income Trust Reports $22.3M Unregistered Share Sale
What Happened
Starwood Credit Real Estate Income Trust filed an 8-K (Item 3.02) reporting that, in its continuous private offering, it sold 1,113,414.907 common shares of beneficial interest on August 3, 2026 for aggregate consideration of approximately $22.3 million. The sale included Class I and Class S shares and was completed as an unregistered private placement exempt under Section 4(a)(2) of the Securities Act and Regulation D.
Key Details
- Total shares sold: 1,113,414.907 common shares of beneficial interest.
- Aggregate proceeds: approximately $22.3 million (Class I: 1,043,324.712 shares for $20,857,000; Class S: 70,090.195 shares for $1,413,450, which includes $8,450 in upfront selling commission and dealer manager fees).
- Price per share: $19.9909 for Class I shares; $20.0456 for Class S shares.
- Filing/signature: 8-K dated August 5, 2026, signed by Dennis G. Schuh, Chief Executive Officer and President.
Why It Matters
This 8-K notifies investors that the company raised new capital of about $22.3 million through its ongoing private offering. Because the sale was an unregistered issuance under Regulation D, it reflects private-placement fundraising rather than a registered public offering. New shares issued will increase the company’s outstanding shares and can affect per-share metrics (for example, NAV per share or future distributions), so investors should consider this issuance when assessing ownership percentage and share-based performance.