Sculptor Diversified Real Estate Income Trust: Share Issuance & Distributions

What Happened
Sculptor Diversified Real Estate Income Trust, Inc. filed an 8‑K (Aug 6, 2026) reporting two recent issuances of common stock and the declaration of July 2026 distributions. On August 3, 2026 the company issued 941,892 shares based on NAV as of June 30, 2026 for aggregate gross proceeds of $10,532,284 (including 17,867 Class E shares issued to Sculptor Advisors LLC as payment for accrued management fees). On July 10, 2026 the company issued 147,882 shares under its distribution reinvestment plans based on NAV as of May 31, 2026 for $1,670,101 (including 100 restricted Class E shares issued to independent directors valued at $1,168). The share offerings were exempt from registration under Section 4(a)(2), Regulation D and/or Regulation S.

Key Details

• Aug 3, 2026 issuances (NAV as of 6/30/26):
  • Class E: 17,867 shares — $209,047 (issued to Sculptor Advisors LLC for accrued management fees)
  • Class AA: 836,831 shares — $9,364,700 (includes $34,700 sales load)
  • Class I-S: 87,194 shares — $958,537
  • Total: 941,892 shares — $10,532,284
• July 10, 2026 DRIP issuances (NAV as of 5/31/26): total 147,882 shares for $1,670,101 (Class F 88,927 for $1,010,847; Class FF 23,300 for $261,492; Class AA 30,741 for $341,982; others as noted).
• July 31, 2026 distributions declared (paid on or about Aug 12, 2026; record holders immediately after close 7/31/26): gross distribution $0.0667 per share for all classes; net distributions after fees: Class FF $0.0619, Class AA $0.0620, all other listed classes $0.0667. Distributions payable in cash or via reinvestment under the DRIP.

Why It Matters
These issuances increase the company’s outstanding shares and raised over $10.5 million in connection with the August 3 issuances and about $1.67 million via DRIP activity on July 10 — important for investors tracking potential dilution and capital flows. The Class E issuance to the advisor reflects a non‑cash payment of management fees. The declared July distributions and the DRIP activity are relevant to income-focused shareholders who may receive cash or additional shares on or about August 12, 2026.