Sculptor Diversified Real Estate Income Trust, Inc. 8-K

What Happened

• Sculptor Diversified Real Estate Income Trust, Inc. filed an 8‑K on July 7, 2026 reporting recent unregistered issuances of common shares and declaring its June 2026 distributions.
• On July 1, 2026 the company issued 725,357 shares for total gross proceeds of $8,116,200 (based on NAV as of May 31, 2026), including 18,180 Class E shares ($212,160) issued to Sculptor Advisors LLC as payment for accrued management fees and 705,810 Class AA shares ($7,889,040) (includes $37,040 sales load).
• On June 12, 2026 the company issued 148,595 shares under its distribution reinvestment plans for total purchase proceeds of $1,691,942 (based on NAV as of April 30, 2026), including 88,338 Class F shares ($1,012,528) and 23,093 Class FF shares ($261,349). These issuances were exempt from registration under Section 4(a)(2), Regulation D and/or Regulation S.

Key Details

• July 1, 2026 issuance totals: 725,357 shares for $8,116,200 (Class E: 18,180 / $212,160; Class AA: 705,810 / $7,889,040; Class I‑S: 1,367 / $15,000).
• June 12, 2026 DRIP issuance totals: 148,595 shares for $1,691,942 (notable: Class F 88,338 / $1,012,528; Class FF 23,093 / $261,349; includes 115 restricted Class E shares at $1,350 each for independent director compensation).
• June 30, 2026 distributions declared: gross $0.0665 per share for all classes; distribution fees of $0.0046 apply to Class FF and Class AA resulting in net $0.0619 for those classes; net $0.0665 for other classes. Payable to holders of record immediately after June 30, 2026 and expected to be paid on or about July 10, 2026 (cash or DRIP).
• Filing signed by CFO Anthony Boni on July 7, 2026.

Why It Matters

• For investors, the filings show recent share issuance activity (including shares issued to pay management fees and shares issued via reinvestment), which can affect share count and NAV per share over time.
• The declared June distributions (small per‑share amount of $0.0665, with modest fees for certain classes) confirm the company’s current cash/distribution policy and payment timing (around July 10, 2026), and indicate options for cash payment or reinvestment via the DRIP.
• The issuances were completed under exemptions from registration (Section 4(a)(2), Reg D/Reg S), meaning they were private or offshore placements rather than registered public offerings.