UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 130, 2026

Principal Credit Real Estate Income Trust

(Exact name of registrant as specified in its charter)

Maryland

000-56670

99-3313328

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer Identification No.)


			711 High Street Des Moines, Iowa			50392
			(Address of principal executive offices)			(Zip Code)

Registrant’s telephone number, including area code: (800) 787-1621

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 37.0201. ~~Unregistered~~ ~~Sales~~Regulation ofFD ~~Equity Securities~~ Disclosure.

~~In connection with the continuous private offering of the Company, on~~ April 1, 2026, the Company sold an aggregate of 44,507.28 common shares (the “Shares”) for aggregate consideration of approximately $913,700.00, to third party investors, plus applicable upfront selling commissions and dealer manager fees. The offer and sale of the Shares was exempt from the registration provisions of the Securities Act of 1933, as amended, by virtue of Section 4(a)(2) and Rule 506 of Regulation D promulgated thereunder.Distribution

~~The~~On ~~following~~April 30, ~~table~~2026, ~~details~~the Company declared distributions for each class of its common shares of beneficial interest, par value $0.01 per share (the “Common Shares”), ~~sold~~in the amount per share set forth below:

Title of Securities	~~Number~~Gross ~~of Shares Sold~~Distribution		~~Aggregate~~Shareholder ~~Consideration~~Servicing Fee		Net Distribution
Class I Common Shares	~~3,697.48~~$	0.1350	$	~~75,000.00~~—	$	0.1350
Class F-S Common Shares	~~14,688.24~~$	0.1350	$	~~300,000~~0.000143	$	0.1207
Class F-I Common Shares	~~21,475.11~~$	0.1350	$	~~438,700.00~~—	$	0.1350
Class E Common Shares	~~4,646.45~~$	0.1350	$	~~100,000.00~~—	$	0.1350
Class A Common Shares	$	0.1350	$	—	$	0.1350

The gross distribution amount above reflects a distribution of $0.1350 per Common Share for the month of April. The net distributions for each class of Common Shares (which represents the gross distributions less shareholder servicing fees for the applicable class of Commons Shares) are payable to shareholders of record as of the close of business on April 30, 2026, and will be paid on or about May 20, 2026. These distributions will be paid in cash or reinvested in the applicable class of Common Share for shareholders participating in the Company’s distribution reinvestment plan.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Principal Credit Real Estate Income Trust
By:	/s/ Brian Riley
	Name:	Brian Riley
	Title:	Chief Financial Officer
	Date:	April 730, 2026

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