What changed
The board approved an estimated NAV of approximately $276.2 million and NAV per share of $17.25, both as of September 30, 2026, effective November 12, 2026. The valuation was prepared with the Advisor and independent third-party valuation firm Capright Property Advisors, which opined the methodologies and assumptions were appropriate and reasonable. NAV is expected to be calculated at least annually until shares are approved for listing on a national securities exchange, and the estimate will fluctuate with portfolio developments and real estate and financial market changes.
Why it matters
The board approved an estimated NAV of approximately $276.2 million and NAV per share of $17.25, both as of September 30, 2026, effective November 12, 2026. The valuation was prepared with the Advisor