Fortress Credit Realty Income Trust Reports July 2026 NAV Per Share

What Happened

• Fortress Credit Realty Income Trust (the Company) filed an 8-K on August 20, 2026, reporting its net asset value (NAV) per share for each outstanding class of common shares as of July 31, 2026. The NAV was calculated under board‑approved valuation guidelines.
• Total NAV was reported as $1,403,290 (amounts in thousands) — roughly $1.403 billion — with 70,294 shares outstanding across all classes. The filing was signed by CFO Avraham Dreyfuss.

Key Details

• Total NAV (as of July 31, 2026): $1,403,290 (amounts in thousands) ≈ $1.403B; outstanding shares: 70,294. (June 30, 2026 NAV: $1,385,308; shares: 69,473.)
• Major balance-sheet components (amounts in thousands): Commercial real estate loan investments $3,245,014 (≈ $3.245B); investments in real-estate-related assets $421,352; cash & equivalents $94,355; restricted cash $158,664.
• Major liabilities (amounts in thousands): Secured debt arrangements $(2,094,893); revolving credit facilities $(292,203); subscriptions received in advance $(52,524).
• NAV per share by class (as of July 31, 2026): Class B $19.9994; Class R $19.8487; Class J-1 $19.8557; Class J-2 $19.8394; Class J-4 $20.0785; Class S $20.0473; Class I $20.0398; Class E $19.9801; Class F-I $20.0477; Class F-S $20.0589.

Why It Matters

• NAV disclosures show the Company’s reported underlying value and short-term changes: total NAV increased from $1,385,308 (6/30/26) to $1,403,290 (7/31/26), and shares outstanding rose modestly, which can affect per-share valuations and secondary-market pricing.
• For investors, class-level NAV per share (near $20 across most classes) is useful for assessing the value of holdings, comparing to market price or public pricing, and monitoring monthly valuation trends reported under the Company’s valuation policies.