CNL Strategic Residential Credit Sets Aug 31, 2026 NAV; Declares Monthly Distribution

What Happened
CNL Strategic Residential Credit, Inc. filed an 8-K on September 25, 2026 reporting its net asset value (NAV) per share as of August 31, 2026, approving new offering prices for its private offering, and declaring a monthly cash distribution. The Board set NAV per share at $24.95 for Class E and $24.26 for Class FA (aggregate NAV: $33,465,232; 1,349,604 shares outstanding). The Board approved offering prices for new share classes (Class A $26.51, Class T $25.47, Class I $24.26) that will apply to the September 30, 2026 subscription closing. The Board also declared a cash distribution of $0.166667 per share for Class E and Class FA (declared September 25, 2026; record date September 28, 2026).

Key Details

• NAV (as of Aug. 31, 2026): Class E per share $24.95; Class FA per share $24.26; total outstanding shares 1,349,604; aggregate NAV $33,465,232.
• New offering prices (for Sept. 30 close): Class A $26.51 (includes $1.59 selling commission + $0.66 dealer manager fee), Class T $25.47 (includes $0.76 selling commission + $0.45 dealer manager fee), Class I $24.26. Class A/T/I had no sales as of Aug. 31, 2026.
• Portfolio and assets (as of Aug. 31, 2026): 247 residential whole loans ($80.8M) and preferred equity in MSR interests ($9.3M); total assets ≈ $100.1M.
• Advisors’ waiver: the Company’s advisors agreed to waive reimbursement of organizational and offering expenses on capital raised from Feb. 1, 2026 through Dec. 31, 2026.

Why It Matters
This filing gives investors current NAVs and the offering prices that will be used for the next subscription close, which affect the price new investors will pay and the potential dilution for existing shareholders. The declared monthly distribution ($0.166667 per share) is a concrete cash return for holders of Class E and Class FA. The portfolio snapshot (loans and MSR-related investments) and total assets help show the size and composition of the Company’s holdings, and the advisers’ temporary waiver increases cash available for investment during the Company’s launch period.