Principal Credit Real Estate Income Trust 8-K

What Happened
Principal Credit Real Estate Income Trust filed a Form 8-K (Item 3.02) reporting that on April 1, 2026 it sold an aggregate of 44,507.28 common shares to third‑party investors as part of its continuous private offering, receiving approximately $913,700 in gross proceeds (before upfront selling commissions and dealer manager fees). The shares were offered and sold in a private placement exempt from SEC registration under Section 4(a)(2) and Rule 506 of Regulation D.

Key Details

• Date of sale: April 1, 2026 (reported on Form 8-K filed April 7, 2026).
• Total shares sold: 44,507.28; aggregate gross consideration: ~$913,700.00.
• Class breakdown: Class I — 3,697.48 shares for $75,000; Class F‑S — 14,688.24 shares for $300,000; Class F‑I — 21,475.11 shares for $438,700; Class E — 4,646.45 shares for $100,000.
• Sale conducted under private offering exemption (Section 4(a)(2) and Rule 506 of Regulation D); upfront selling commissions and dealer manager fees were applicable.

Why It Matters
This filing documents a private issuance of common shares that raised nearly $0.9 million in gross proceeds. Retail investors should note the company is actively conducting its continuous private offering and issuing shares under a Reg D exemption; such issuances increase the number of company shares outstanding and involve selling costs (commissions/fees) that reduce net proceeds. The 8-K provides transparency on the scale and terms of this particular placement but does not disclose changes to overall outstanding share counts or use of proceeds beyond the sale details.