Volume XV No. 29 | Friday, July 17, 2026
Weekly Highlights
STRATEGIC STORAGE TRUST VI, INC. (LIFECYCLE REIT)
7/14/2026 8-K Press Release
The Company entered into a merger agreement to acquire Strategic Storage Growth Trust III, Inc. in an all-stock transaction, expected to close in Q4 2026. Upon closing, the Company will acquire SSGT III’s real estate portfolio, which as of 6/30/26 consisted of 12 wholly-owned self storage facilities located in four states and three Canadian provinces comprising approximately 9,215 self storage units and approximately 981,465 net rentable square feet, a 50% equity interest in three unconsolidated real estate ventures in two Canadian provinces, and beneficial interests in three DST sponsored programs. Following the acquisition, the Company is expected to have a total asset value of approximately $1.2B.
Press Room
Non-Listed Closed-End Fund Market Reaches $261 Billion as Private Equity and Venture Capital Strategies Lead Performance (7/16/2026)
Stanger has published its Q2 2026 edition of The Stanger Closed-End Fund Report. This edition highlights continued market growth, private equity and venture capital leadership in interval fund performance, and newly introduced fund-level redemption data for the 25 largest credit-focused interval funds. Non-listed closed-end funds reached $261 billion in aggregate net asset value in Q2 2026, a 4.0% quarter-over-quarter increase. Interval funds accounted for $136.0 billion, up 2.2% from the prior quarter, while tender offer funds grew 6.1% to $125.1 billion. Stanger now tracks 308 effective closed-end funds, consisting of 173 interval funds and 135 tender offer funds. “The private credit liquidity cycle extends beyond BDCs,” said Kevin T. Gannon, Chairman & CEO of Stanger. “Our new interval fund data shows meaningful investor demand for liquidity within credit-focused vehicles, but also substantial variation from fund to fund. Sponsors are continuing to return capital within defined program limits, while proration is occurring where requests exceed those limits. That is how semi-liquid structures are designed to function, and this expanded coverage gives greater visibility into where liquidity demand is concentrated and how individual funds are managing it.”
The above is an abbreviated version of an official Stanger press release. View the Full Press Release →
Current Reports
BDCs
MONROE CAPITAL ENHANCED CORPORATE LENDING FUND
7/14/2026 8-K
The Company held its reconvened annual meeting where shareholders elected Theodore L. Koenig as a Class I trustee.
NEXPOINT CAPITAL, INC.
7/14/2026 8-K
The Company reported its new NAV per share:
6/30/26 6/16/26 All Classes: $4.36 $4.43
The Company declared Q2 2026 distributions, payable on or about 7/13/26:
Q2 2026 Q1 2026 Gross Dist: $0.09 $0.09 Record Date: 6/30/26
NAV REITs
BROOKFIELD REAL ESTATE INCOME TRUST INC.
7/16/2026 424B3
The Company reported its June 2026 NAV per share (table below) and announced the acquisition of an interest in a diversified logistics portfolio across several U.S. markets for an initial equity investment of approximately $42M. The portfolio includes 77 triple or absolute net lease assets totaling approximately 8.2 million square feet and approximately 506 acres of industrial outdoor storage.
June May Class S: $10.4064 $10.2500 Class I: $10.5230 $10.3650 Class D: $10.6203 $10.4622 Class T: $10.6043 $10.4629 Class C: $10.1982 $10.0420 Class E: $10.5132 $10.3564 Class I OP: $10.5230 $10.3650 Class E OP: $10.5132 $10.3564
CANTOR FITZGERALD INCOME TRUST, INC.
7/16/2026 424B3
The Company reported its June 2026 NAV per share (table below) and announced it satisfied 38.4% of June 2026 repurchase requests (49.1% in May).
June May Class AX: $20.37 $20.37 Class IX: $20.37 $20.37 Class I: $20.37 $20.37 Class TX: $20.36 $20.35 Class T: $20.36 $20.35 Class D: $20.37 $20.36 Class S: $20.36 $20.35 Class I OP Units: $20.37 $20.37 Class T OP Units: $20.37 $20.36
COHEN & STEERS INCOME OPPORTUNITIES REIT, INC.
7/13/2026 424B3
The Company reported its June 2026 NAV per share:
June May Class I: $12.12 $11.99 Class F-I: $11.92 $11.80 Class P: $12.60 $12.47 Class B: $12.03 $11.99 Class R-I: $12.04 $11.90 Class R-S: $11.98 $11.97 Class M-I: $11.91 n/a
COTTONWOOD COMMUNITIES, INC.
7/14/2026 8-K
The Company issued and sold shares of its 9/19/23 offering of Series A convertible preferred stock for aggregate proceeds of $2.1M.
7/15/2026 8-K
The Company issued and sold shares of its 12/9/24 offering of Series 2025 preferred stock for aggregate proceeds of $1.7M.
EQT EXETER REAL ESTATE INCOME TRUST, INC.
7/15/2026 424B3
The Company reported its June 2026 NAV per share:
June May Class I: $11.21 $11.19 Class A-I: $11.11 $11.09 Class A-II: $11.04 $11.02 Class E: $12.09 $12.05 Class T: $11.18 $11.17
HINES GLOBAL INCOME TRUST, INC.
7/13/2026 8-K Press Release
The Company issued a press release related to the acquisitions of 405 Colorado, a 205,803 square-foot office property in Austin, Texas, for $151M, and Wicker Park, a 183,308 square-foot retail property in Chicago, Illinois, for $70M.
IPC ALTERNATIVE REAL ESTATE INCOME TRUST, INC.
7/15/2026 424B3
The Company reported its June 2026 NAV per share (table below) and provided a portfolio overview as of 6/30/26.
June May Class T: $23.4718 $23.5858 Class D: $23.4398 $23.5490 Class I: $23.4107 $23.5248 Class A: $23.6899 $23.7920 Class X-1: $23.4045 $23.5076
J.P. MORGAN REAL ESTATE INCOME TRUST, INC.
7/15/2026 424B3
The Company reported its June 2026 NAV per share (table below), acquired a seven-building office portfolio in Wakefield, MA, a neighborhood retail center in Southlake, TX, and an industrial facility in Deerfield Beach, FL for an aggregate purchase price of $167.5M, and closed on a $60M mortgage loan to finance the acquisition of a neighborhood shopping center in Dallas, TX.
June May Class D: $10.56 $10.57 Class I: $10.61 $10.61 Class E: $11.53 $11.52 Class Y: $11.31 $11.31 Class T: $11.50 n/a OP Units: $11.53 $11.52
Private Placement REITs
FORTRESS CREDIT REALTY INCOME TRUST
7/13/2026 8-K
A subsidiary of the Company amended its master repurchase and securities contract agreement to increase the financing available in connection with the acquisition and/or origination by the Company of certain loans from $500M to $750M.
FRANKLIN BSP REAL ESTATE DEBT, INC.
7/14/2026 8-K
The Company declared June 2026 distributions, paid on 7/14/26:
June May Gross Dist: $0.1900 $0.1900 Record Date: 6/29/26
INVESCO COMMERCIAL REAL ESTATE FINANCE TRUST, INC.
7/15/2026 8-K
The Company reconvened its annual meeting where shareholders elected six directors to serve on the Board and ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending 12/31/26.
NORTH HAVEN NET REIT
7/16/2026 8-K
The Company disclosed the sale of unregistered Class I and F-I common shares for aggregate consideration of approximately $5.6M.
RITHM PERPETUAL LIFE RESIDENTIAL TRUST
7/15/2026 8-K
The Company reported its June 2026 NAV per share:
June May Class J: $20.1637 $20.1602 Class E: $20.2802 $20.2647
SCULPTOR DIVERSIFIED REAL ESTATE INCOME TRUST, INC.
7/15/2026 8-K
The Company reported its June 2026 NAV per share:
June May Class E: $11.7001 $11.6700 Class F: $11.3919 $11.3671 Class FF: $11.2465 $11.2229 Class AA: $11.1492 $11.1248 Class A: $11.0378 $11.0183 Class I-S: $10.9932 $10.9736 OP Units: $11.7001 $11.6700
Closed-End Funds
ABX LONGEVITY GROWTH & INCOME FUND (INTERVAL FUND)
7/13/2026 EFFECT 424B3
Type: Interval Fund
Primary: Unlimited - Common Shares
The Company’s offering went effective. The fund intends to invest in mortality contracts and annuity contracts.
ALTERNATIVE CREDIT INCOME FUND (INTERVAL FUND)
7/15/2026 425
The Company declared a special distribution totaling approximately $2M (table below), expected to be paid on or about 7/24/26.
Special Dist Class A: $0.11081 Class C: $0.09555 Class W: $0.11073 Class I: $0.11637 Class L: $0.10537 Record Date: 7/14/26
BLACKROCK HPS CREDIT STRATEGIES FUND (INTERVAL FUND)
7/10/2026 424B3
The Company entered into an amended and restated credit agreement with respect to its existing revolving credit facility with Société Générale.
CASCADE REAL ASSETS FUND (INTERVAL FUND)
7/10/2026 N-2/A
Type: Interval Fund
Primary: Unlimited - Class I Shares
The Company filed an amended prospectus. The fund intends to invest in equity or debt interests in physical assets, companies that own or operate real assets, or pooled investment vehicles such as private funds, special purpose vehicles, or joint ventures that invest in real estate, infrastructure, or other tangible or resource-based sectors.
CAZ GP STAKES FUND (INTERVAL FUND)
7/14/2026 424B3
The Company amended its prospectus to permit the Board to waive the 2.00% early repurchase fee for certain investors, including repurchase requests submitted through model or programmatic portfolio management programs, wrap accounts, and qualified retirement plans, when deemed to be in the Company’s best interests.
CAZ STRATEGIC OPPORTUNITIES FUND (INTERVAL FUND)
7/14/2026 424B3
The Company amended its prospectus to permit the Board to waive the 2.00% early repurchase fee for certain investors, including repurchase requests submitted through model or programmatic portfolio management programs, wrap accounts, and qualified retirement plans, when deemed to be in the Company’s best interests.
ELDRIDGE DYNAMIC INCOME FUND (INTERVAL FUND)
7/16/2026 N-2
Type: Interval Fund
Primary: Unlimited - Class D, I, and S Shares
The Company filed its initial prospectus. The fund intends to invest in asset-based credit, illiquid credit, liquid credit, structured credit, equity-related securities, preferred equity, convertible bonds, and common equity through direct investments, investment vehicles, or joint ventures.
FELICITAS PRIVATE MARKETS FUND (TENDER OFFER FUND)
7/16/2026 424B3
The Company reduced its management fee from 1.50% to 1.00% of net assets, effective 7/1/26. In connection, the Company also lowered its expense limitation cap from 2.25% to 1.50% of average daily net assets, extending the earliest termination date from 10/31/26 to 10/31/27.
FS MVP PRIVATE MARKETS FUND (TENDER OFFER FUND)
7/14/2026 424B3
The Company amended its repurchase and share transfer policies to permit the waiver of existing minimum account balance requirements for Class A, I, and D Shares at its discretion.
FT VEST TOTAL RETURN INCOME FUND: SERIES A2 (TENDER OFFER FUND)
7/14/2026 N-2/A
Type: Tender Offer Fund
Primary: Unlimited - Class A and I Shares
The Company filed an amended prospectus. The fund invests primarily in U.S. exchange-traded equity securities contained in the S&P 500 Index.
NUVEEN ENHANCED CORPORATE OPPORTUNITIES FUND (INTERVAL FUND)
7/15/2026 EFFECT 7/13/2026 N-2/A
Type: Interval Fund
Primary: Unlimited - Class A1, A2, and I Shares
The Company’s offering went effective. The fund intends to invest in corporate credit investments such as domestic and foreign corporate debt obligations, fixed and floating rate corporate loans, debt and equity tranches of CLOs and more.
POP VENTURE FUND (INTERVAL FUND)
7/16/2026 424B3
The Company filed an updated prospectus for its offering of Class A Shares.
PRIVACORE PCAAM ALTERNATIVE GROWTH FUND (INTERVAL FUND)
7/15/2026 424B3
The Company amended several sections of its prospectus.
Lifecycle REITs
HIGHLANDS REIT, INC.
7/13/2026 8-K
The Company entered into an 88-month lease agreement with GEO Secure Services, LLC for its Hudson, CO property, commencing 8/1/26, with monthly base rent increasing from $0.25M to approximately $0.96M upon occupancy or six months after commencement, subject to annual 3% escalations thereafter.
INPOINT COMMERCIAL REAL ESTATE INCOME, INC.
7/15/2026 8-K
The Company reported its June 2026 NAV per share:
June May Class P: $13.2204 $13.3085 Class A: $13.2672 $13.3552 Class T: $13.4082 $13.4943 Class D: $13.3009 $13.3874 Class I: $13.2690 $13.3570
Other Alts
NORTH HAVEN PRIVATE INCOME FUND LLC (PRIVATE PLACEMENT BDC)
7/16/2026 424B3
The Company is offering to exchange all of its outstanding and unregistered 5.125% Notes due 2028 for an equal amount of its new Notes that have been registered.
PROSPECT CAPITAL CORP (NON-LISTED PREFERRED)
7/16/2026 15-12G
The Company terminated the registration of its non-listed 5.50% Series AA1 and MM1 Preferred Stock and 6.50% Series AA2 and MM2 Preferred Stock after the number of holders of record for each series was reduced to zero.
SLR SECURED SPECIALTY LENDING FUND (PRIVATE PLACEMENT BDC)
7/14/2026 10-12G
Type: Private Placement BDC
Primary: Unlimited - Class I, S, F, and D Shares
The Company filed its initial prospectus. The fund intends to invest in directly originated, senior secured loans to primarily U.S. based middle market companies across multiple differentiated specialty finance investment strategies.
STAR MOUNTAIN LOWER MIDDLE-MARKET CAPITAL CORP (PRIVATE PLACEMENT BDC)
7/13/2026 8-K
The Company reconvened its annual meeting on 7/8/26, at which stockholders elected Curtis Glovier and O. James Sterling as Class II directors and ratified the selection of Ernst & Young LLP as its independent registered public accounting firm for the fiscal year ending 12/31/26. In addition, the proposal to change the Company’s legal form from a Delaware corporation to a Delaware statutory trust was adjourned until a reconvened meeting on 8/7/26 to allow additional time to solicit stockholder votes.
