Sculptor Diversified Real Estate Income Trust Inc.

12/04/2024 | Press release | Distributed by Public on 12/04/2024 15:16

Private Placement Form 8 K

Item 3.02 Unregistered Sales of Equity Securities.
On December 2, 2024, Sculptor Diversified Real Estate Income Trust, Inc. (the "Company") issued the following shares based on the respective net asset value per share as of October 31, 2024.
The following table details the shares issued and gross proceeds:
Number of Shares Issued Gross Proceeds
Class E Shares(1)
10,624 $ 117,456
Class AA Shares(2)
451,147 4,944,000
Class F Shares 4,576,910 50,000,000
Total 5,038,681 $ 55,061,456
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(1) Class E shares were issued to Sculptor Advisors LLC as payment for accrued management fees.
(2) Includes sales load fees of $69,000, for Class AA Shares.
On November 12, 2024, the Company, pursuant to its distribution reinvestment plan, issued the following shares based on the respective net asset value per share as of September 30, 2024:
Number of Shares Issued Purchase Price
Class E Shares(1)
1,528 $ 16,828
Class F Shares 128 1,399
Class FF Shares 21,780 234,564
Class AA Shares 5,961 64,249
Class A Shares 436 4,674
Total 29,833 $ 321,714
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(1)Includes distributions of 134 Class E restricted shares or $1,476 of shares in connection with the restricted stock held by our independent directors under our independent director compensation plan.
The offer, sale, and issuance of these shares were exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2), Regulation D and/or Regulation S thereunder.