Fortress Net Lease REIT: reports Sep 30, 2026 NAV per share

What happened

• Fortress Net Lease REIT reported on Oct 16, 2026 its net asset value ("NAV") per share for each outstanding class of common shares as of Sep 30, 2026. The filing lists NAV per share as: Class S $10.6658; Class D $10.7236; Class I $10.7535; Class F-S $10.8299; Class F-I $10.8996; Class D-S $11.3042; Class E $11.3695; OP Units $11.9273.
• The filing shows total net asset value $2,381,220 and number of outstanding shares/units 218,160 as of Sep 30, 2026. The filing also includes a detailed NAV calculation and a comparison table as of Aug 31, 2026 (total NAV $2,219,784; outstanding shares/units 204,873).

Key details

• Major components of NAV as of Sep 30, 2026: investments in real estate $3,384,036; intangible assets $574,513; cash and cash equivalents $28,833; restricted cash $127,250; other assets $70,105.
• Debt and liabilities as of Sep 30, 2026: revolving credit facility $(815,929); term loan $(833,324); subscriptions received in advance $(96,242); distribution payable $(13,721); due to affiliate $(22,904); other liabilities $(21,397).
• Total NAV and share/unit breakdown as of Sep 30, 2026: total $2,381,220 across 218,160 outstanding shares/units; NAV per share/unit by class listed above.
• The filing includes comparable component and class NAV figures as of Aug 31, 2026 for reference.

Why it may matter

• The filing is Item 8.01 (other events) and reports the company's calculated NAV per share as of Sep 30, 2026, prepared in accordance with valuation guidelines approved by the board of trustees and including all outstanding classes of common shares and OP Units. This filing does not show why the company acted.