{"url_path":"/sec/cik-0002026738/8-k/2026-05-20/item-8-01","section_key":"item-8-01","section_title":"Item 8.01 Other Events.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-20","source_url":"https://www.sec.gov/Archives/edgar/data/2026738/0001193125-26-232321-index.html","accession_number":"0001193125-26-232321","cik":"0002026738","ticker":null,"issuer_name":"FORTRESS CREDIT REALTY INCOME TRUST","edgar_url":"https://www.sec.gov/Archives/edgar/data/2026738/0001193125-26-232321-index.html","primary_entity_key":"0002026738","primary_entity_name":"FORTRESS CREDIT REALTY INCOME TRUST"},"word_count":585,"has_tables":true,"body_markdown":"## Item 8.01 Other Events.\n\nApril 30, 2026 NAV Per Share\n\n \n\nOn May 15, 2026, Fortress Credit Realty Income Trust (the “Company” or “we”) reported net asset value (“NAV”) per share for each outstanding class of common shares of the Company as of April 30, 2026, which is set forth below:\n\n \n\n \n\nNAV per Share\n\n \n\nClass B\n\n \n\n$\n\n20.0101\n\n \n\nClass R\n\n \n\n$\n\n19.8628\n\n \n\nClass J-1\n\n \n\n$\n\n19.8695\n\n \n\nClass J-2\n\n \n\n$\n\n19.8536\n\n \n\nClass J-4\n\n \n\n$\n\n20.0982\n\n \n\nClass S\n\n \n\n$\n\n20.0708\n\n \n\nClass I\n\n \n\n$\n\n20.0638\n\n \n\nClass E\n\n \n\n$\n\n19.9905\n\n \n\n \n\nNet Asset Value\n \n\nA detailed calculation of the NAV per share is set forth below. We calculate NAV per share in accordance with the valuation guidelines that have been approved by our board of trustees. Our total NAV presented in the following tables includes the NAV of our outstanding classes of common shares, which includes Class B, Class R, Class J-1, Class J-2, Class J-4, Class S, Class I and Class E common shares. The following table provides a breakdown of the major components of our NAV as of April 30, 2026 (amounts in thousands):\n\n \n\nComponents of NAV\n\n \n\nAmount\n\n \n\nCommercial real estate loan investments\n\n \n\n$\n\n2,619,488\n\n \n\nInvestments in real estate-related assets\n\n \n\n \n\n410,472\n\n \n\nCash and cash equivalents\n\n \n\n \n\n177,653\n\n \n\nRestricted cash\n\n \n\n \n\n115,954\n\n \n\nOther assets\n\n \n\n \n\n36,096\n\n \n\nSecured debt arrangements\n\n \n\n \n\n(1,658,124\n\n)\n\nSubscriptions received in advance\n\n \n\n \n\n(21,984\n\n)\n\nRevolving credit facilities\n\n \n\n \n\n(240,967\n\n)\n\nDistribution payable\n\n \n\n \n\n(8,728\n\n)\n\nDue to affiliate\n\n \n\n \n\n(902\n\n)\n\nOther liabilities\n\n \n\n \n\n(61,239\n\n)\n\nNon-controlling interests\n\n \n\n \n\n(27,376\n\n)\n\nNet Asset Value\n\n \n\n$\n\n1,340,343\n\n \n\nNumber of outstanding shares\n\n \n\n \n\n67,104\n\n \n\n \n\nThe following table provides a breakdown of our total NAV and NAV per share by class as of April 30, 2026 (amounts in thousands, except per share data):\n\n \n\n \n\n \n\nNet Asset Value\n\n \n\n \n\nNumber of Outstanding Shares\n\n \n\n \n\nNAV per Share\nas of April 30, 2026\n\n \n\nClass B\n\n \n\n$\n\n526,177\n\n \n\n \n\n \n\n26,295\n\n \n\n \n\n$\n\n20.0101\n\n \n\nClass R\n\n \n\n \n\n86,496\n\n \n\n \n\n \n\n4,355\n\n \n\n \n\n$\n\n19.8628\n\n \n\nClass J-1\n\n \n\n \n\n321,816\n\n \n\n \n\n \n\n16,196\n\n \n\n \n\n$\n\n19.8695\n\n \n\nClass J-2\n\n \n\n \n\n68,229\n\n \n\n \n\n \n\n3,437\n\n \n\n \n\n$\n\n19.8536\n\n \n\nClass J-4\n\n \n\n \n\n126,244\n\n \n\n \n\n \n\n6,281\n\n \n\n \n\n$\n\n20.0982\n\n \n\nClass S\n\n \n\n \n\n31,341\n\n \n\n \n\n \n\n1,562\n\n \n\n \n\n$\n\n20.0708\n\n \n\nClass I\n\n \n\n \n\n154,276\n\n \n\n \n\n \n\n7,689\n\n \n\n \n\n$\n\n20.0638\n\n \n\nClass E\n\n \n\n \n\n25,764\n\n \n\n \n\n \n\n1,289\n\n \n\n \n\n$\n\n19.9905\n\n \n\nTotal\n\n \n\n$\n\n1,340,343\n\n \n\n \n\n \n\n67,104\n\n \n\n \n\n \n\n \n\n \n\nThe following table provides a breakdown of the major components of NAV as of March 31, 2026 (amounts in thousands):\n\n \n\nComponents of NAV\n\n \n\nAmount\n\n \n\nCommercial real estate loan investments\n\n \n\n$\n\n2,428,080\n\n \n\nInvestments in real estate-related assets\n\n \n\n \n\n386,297\n\n \n\nCash and cash equivalents\n\n \n\n \n\n208,494\n\n \n\nRestricted cash\n\n \n\n \n\n105,422\n\n \n\nOther assets\n\n \n\n \n\n39,393\n\n \n\nSecured debt arrangements\n\n \n\n \n\n(1,505,192\n\n)\n\nSubscriptions received in advance\n\n \n\n \n\n(17,287\n\n)\n\nRevolving credit facilities\n\n \n\n \n\n(227,214\n\n)\n\nDistribution Payable\n\n \n\n \n\n(8,616\n\n)\n\nDue to affiliate\n\n \n\n \n\n(4,486\n\n)\n\nOther liabilities\n\n \n\n \n\n(63,665\n\n)\n\nNon-controlling interests\n\n \n\n \n\n(20,093\n\n)\n\nNet Asset Value\n\n \n\n$\n\n1,321,133\n\n \n\nNumber of outstanding shares\n\n \n\n \n\n66,094\n\n \n\n \n\nThe following table provides a breakdown of our total NAV and NAV per share by class as of March 31, 2026 (amounts in thousands, except per share data):\n\n \n\n \n\n \n\nNet Asset Value\n\n \n\n \n\nNumber of Outstanding Shares\n\n \n\n \n\nNAV per Share\nas of March 31, 2026\n\n \n\nClass B\n\n \n\n$\n\n525,555\n\n \n\n \n\n \n\n26,245\n\n \n\n \n\n$\n\n20.0252\n\n \n\nClass R\n\n \n\n \n\n86,411\n\n \n\n \n\n \n\n4,347\n\n \n\n \n\n$\n\n19.8789\n\n \n\nClass J-1\n\n \n\n \n\n320,935\n\n \n\n \n\n \n\n16,139\n\n \n\n \n\n$\n\n19.8856\n\n \n\nClass J-2\n\n \n\n \n\n67,960\n\n \n\n \n\n \n\n3,420\n\n \n\n \n\n$\n\n19.8697\n\n \n\nClass J-4\n\n \n\n \n\n119,531\n\n \n\n \n\n \n\n5,942\n\n \n\n \n\n$\n\n20.1153\n\n \n\nClass S\n\n \n\n \n\n30,667\n\n \n\n \n\n \n\n1,527\n\n \n\n \n\n$\n\n20.0891\n\n \n\nClass I\n\n \n\n \n\n144,321\n\n \n\n \n\n \n\n7,187\n\n \n\n \n\n$\n\n20.0815\n\n \n\nClass E\n\n \n\n \n\n25,753\n\n \n\n \n\n \n\n1,287\n\n \n\n \n\n$\n\n20.0059\n\n \n\nTotal\n\n \n\n$\n\n1,321,133\n\n \n\n \n\n \n\n66,094\n\n \n\n \n\n \n\n \n\n \n\n \n\nSIGNATURES\n\nPursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.\n\n \n\n \n\n \n\nFortress Credit Realty Income Trust\n\n \n\n \n\n \n\n \n\nDated: May 20, 2026\n\n \n\nBy:\n\n/s/ Avraham Dreyfuss\n\n \n\n \n\n \n\nName: Avraham Dreyfuss\nTitle: Chief Financial Officer"}