Share Class
|
|
Transaction Price
(per share) |
|
Offering Price
(per share) |
||||
Class T
|
|
$
|
10.0147
|
|
|
$
|
10.4866
|
|
Class W
|
|
$
|
10.0147
|
|
|
$
|
10.0147
|
|
Class I
|
|
$
|
10.0147
|
|
|
$
|
10.0147
|
|
(in thousands)
|
|
As of
August 31, 2018 |
|
As of
July 31, 2018 |
||||
Real estate properties
|
|
$
|
152,050
|
|
|
$
|
151,550
|
|
Cash and other assets, net of other liabilities
|
|
10,275
|
|
|
16,251
|
|
||
Debt obligations
|
|
(58,000
|
)
|
|
(78,500
|
)
|
||
Aggregate Fund NAV
|
|
$
|
104,325
|
|
|
$
|
89,301
|
|
Total Fund Interests outstanding
|
|
10,417
|
|
|
8,920
|
|
(in thousands, except per Fund Interest data)
|
|
Total
|
|
Class T
Shares |
|
Class I
Shares |
|
Class W
Shares |
||||||||
As of August 31, 2018
|
|
|
|
|
|
|
|
|
||||||||
Monthly NAV
|
|
$
|
104,325
|
|
|
$
|
101,039
|
|
|
$
|
3,130
|
|
|
$
|
156
|
|
Fund Interests outstanding
|
|
10,417
|
|
|
10,089
|
|
|
312
|
|
|
16
|
|
||||
NAV Per Fund Interest
|
|
$
|
10.0147
|
|
|
$
|
10.0147
|
|
|
$
|
10.0147
|
|
|
$
|
10.0147
|
|
|
|
|
|
|
|
|
|
|
||||||||
As of July 31, 2018
|
|
|
|
|
|
|
|
|
||||||||
Monthly NAV
|
|
$
|
89,301
|
|
|
$
|
86,261
|
|
|
$
|
2,939
|
|
|
$
|
101
|
|
Fund Interests outstanding
|
|
8,920
|
|
|
8,616
|
|
|
294
|
|
|
10
|
|
||||
NAV Per Fund Interest
|
|
$
|
10.0113
|
|
|
$
|
10.0113
|
|
|
$
|
10.0113
|
|
|
$
|
10.0113
|
|
|
|
Weighted-Average
Rates |
|
Exit capitalization rate
|
|
5.30
|
%
|
Discount rate/internal rate of return
|
|
6.14
|
%
|
Input
|
|
Hypothetical
Change |
|
Increase (Decrease)
to the NAV |
|
Exit capitalization rate (weighted-average)
|
|
0.25% decrease
|
|
3.22
|
%
|
|
|
0.25% increase
|
|
(2.93
|
)%
|
Discount rate (weighted-average)
|
|
0.25% decrease
|
|
2.20
|
%
|
|
|
0.25% increase
|
|
(2.14
|
)%
|