Fortress Net Lease REIT Sells Shares and Declares Sept 2026 Distributions

What Happened

• Fortress Net Lease REIT filed an 8-K on September 4, 2026 reporting two actions: the issuance and sale of 12,836,652 common shares for gross proceeds of approximately $136.8 million, and the declaration of distributions for each class of common shares with a record date of August 31, 2026 and payment on or about September 1, 2026.
• The share issuance was priced based on net asset value per share as of July 31, 2026 and was conducted as exempt offerings under Section 4(a)(2), Regulation D and/or Regulation S of the Securities Act.

Key Details

• Share issuance (Sept 1, 2026): 12,836,652 total common shares for gross proceeds ≈ $136,800,000.
  • Class S: 3,381,984 shares — $35,631,907
  • Class I: 3,402,082 shares — $36,124,669
  • Class F-S: 200,790 shares — $2,144,000
  • Class F-I: 5,782,416 shares — $62,157,500
  • Class E: 69,380 shares — $775,000
• Distributions declared (gross per share = $0.0739 for all classes); net distributions after applicable fees:
  • Class S net: $0.0554
  • Class D net: $0.0607
  • Class I net: $0.0628
  • Class F‑S net: $0.0574
  • Class F‑I net: $0.0649
  • Class D‑S net: $0.0646
  • Class E net: $0.0739
• Record date: August 31, 2026; payable on or about September 1, 2026; distributions payable in cash or reinvested through the Company’s distribution reinvestment plan.

Why It Matters

• The company raised material capital (≈$136.8M) through share issuances, which increases outstanding shares and provides cash that can be used for operations, investments, or debt management.
• Investors should note the declared distributions and the per-class net amounts (after servicing and management fees), plus the option to receive distributions in cash or reinvest them. These items affect cash flows and individual investor returns depending on share class and participation in the reinvestment plan.
• The filing is procedural and factual (issuance under exempt rules and routine distribution declaration); no executive changes or material earnings figures were reported in this 8-K.