CNL Strategic Residential Credit Announces June 2026 NAV and New Offering Prices

What Happened
CNL Strategic Residential Credit, Inc. announced its net asset value (NAV) per share as of June 30, 2026 and approved new per‑share offering prices for its private offering. The Board determined NAV on July 24, 2026 and set offering prices to be used for the next monthly subscription closing on July 31, 2026. The filing also discloses recent investment activity into MSR-related preferred equity and whole mortgage loans.

Key Details

• Aggregate NAV (as of June 30, 2026): Total $27,508,588 thousand; Class E NAV $24,483,179k; Class FA NAV $3,025,409k.
  • Outstanding shares: Class E 966,038; Class FA 121,068; Total 1,087,106.
  • NAV per share: Class E $25.34; Class FA $24.99.
• New public offering prices (per share): Class E $25.34; Class FA $24.99; Class A $27.31; Class T $26.24; Class I $24.99.
  • Selling commissions per share: Class A $1.64; Class T $0.79; none for Class E/FA/I.
  • Dealer manager fees per share: Class A $0.68; Class T $0.46; none for Class E/FA/I.
• As of June 30, 2026, no Class A, Class T or Class I shares had been sold. Purchase price under the distribution reinvestment plan = NAV per share as of June 30, 2026.
• Investment activity (Jan 14–Jul 24, 2026): ~ $9.2 million invested in preferred equity of entities acquiring residential mortgage servicing rights (MSR) interests; 211 whole residential mortgage loans purchased for ~ $65.3 million.

Why It Matters
The filing gives investors updated NAVs and the exact offering prices that will apply to subscriptions at the July 31, 2026 monthly close—important for anyone considering buying shares directly in the private offering. The listing of selling commissions and dealer manager fees shows the up‑front costs that apply to some share classes (A and T), while reinvestment plan purchases will be priced at NAV. The investment activity numbers indicate the company is deploying capital into MSR‑related securities and whole loans, which helps show how proceeds are being invested but does not guarantee future returns.