Fortress Net Lease REIT: sells 8,864,594 shares for $94,800,000

What happened

• The filing says that on Oct 1, 2026, Fortress Net Lease REIT issued and sold an aggregate of 8,864,594 common shares for gross proceeds of approximately $94,800,000, based on net asset value per share as of Aug 31, 2026.
• The filing also says that on Sep 30, 2026, the company declared distributions for each class of its common shares; the net distributions are payable to shareholders of record immediately following the close of business on Sep 30, 2026 and will be paid on or about Oct 1, 2026.

Key details

• Shares sold by class (number of shares and gross proceeds): Class S 3,261,758 for $34,551,798; Class I 2,671,956 for $28,528,472; Class F-S 91,305 for $981,000; Class F-I 2,832,914 for $30,642,782; Class E 6,661 for $75,000. Aggregate: 8,864,594 shares for approximately $94,800,000.
• The filing states the offers and sales were exempt from registration under Section 4(a)(2), Regulation D and/or Regulation S of the Securities Act of 1933, as amended.
• The filing says the gross distribution per share for each class is $0.0743. Net distribution per class (gross less shareholder servicing fee and management fee) is: Class S $0.0558; Class D $0.0610; Class I $0.0632; Class F-S $0.0577; Class F-I $0.0653; Class D-S $0.0650; Class E $0.0743.
• Distributions may be paid in cash or reinvested under the company’s distribution reinvestment plan.

Why it may matter

• This 8-K reports Item 3.02 (unregistered sales of equity securities), covering the issuance and sale of common shares, and Item 8.01 (other events), covering the declaration of distributions and payment details. The filing does not show why the insider traded or why the company acted.