Blue Owl Digital Infrastructure Trust 8-K

What Happened

• Blue Owl Digital Infrastructure Trust (through an indirect wholly‑owned subsidiary, NVA11A LLC) announced it completed the acquisition on June 23, 2026 of 100% of the membership interests in GCDC Purchaser Phase 1 LLC, giving it the fee interest in a 72‑megawatt data center in Gainesville, Virginia. The aggregate purchase price was approximately $860.6 million, subject to closing adjustments.
• The Property is currently 100% leased to a hyperscaler customer. The acquisition was funded with the Trust’s available cash and a new property‑level secured mortgage loan that was securitized through commercial mortgage‑backed securities (CMBS Bonds), some of which were purchased by funds managed by the Trust’s affiliates.

Key Details

• Purchase completed: June 23, 2026; reported purchase price: ~$860.6 million.
• Property: 72 MW data center in Gainesville, VA, currently 100% leased to a hyperscaler.
• CMBS Facility: ~ $559.0 million secured mortgage loan (CMBS Loan Agreement) entered June 23, 2026 with JPMorgan Chase Bank and Goldman Sachs Bank USA.
• Loan terms: initial term ~5 years with anticipated repayment July 2031 and maturity March 2040; weighted average component rate prior to the anticipated repayment date ~5.465% per annum; prepayment allowed subject to yield maintenance before Jan 9, 2031. Operating Partnership provided a customary non‑recourse guaranty.

Why It Matters

• The acquisition adds a fully leased, hyperscaler‑backed data center to Blue Owl Digital Infrastructure Trust’s portfolio, potentially providing stable rental income from day one.
• The CMBS financing covers roughly 65% of the reported purchase price ( ~$559M of ~$860.6M), increasing leverage on the transaction and introducing fixed‑rate interest obligations (weighted average ~5.465% initially) that will affect cash flow and financing costs.
• Investors should note the key dates and loan terms (anticipated repayment July 2031; maturity March 2040; prepayment premium window) as these affect refinancing risk and timing of potential cash obligations.