Subsequent Events (Tables)

6 Months Ended

Jun. 30, 2025

Subsequent to June 30, 2025, we issued the following shares of common stock:


$ in thousands except share amounts	Shares Issued to Third Parties		Shares Issued to Affiliates(1)(2)		DRP Shares(3)




Class S	20,686		—		250
Class S-1	2,194,519		—		53,917
Class D	—		—		67
Class D-1	—		—		—
Class I	983,178		—		19,793
Class E	8,166		54,719		537
Class F	—		—		53,033
Total	3,206,549		54,719		127,597

Total net proceeds(4)	$	80,564	$	—	$	3,240

(1)Affiliates include related parties discussed in Note 10 - “Related Party Transactions”.

(2)Includes 52,637 Class E shares issued to our Adviser as payment for management fees of $1.3 million and 2,082 Class E shares issued as equity compensation to an independent director in an amount equal to $53,000, both of which are excluded from Total net proceeds.

(3)Represents shares issued under our distribution reinvestment plan.

(4)With respect to DRP Shares, Total net proceeds represents total value of shares issued under our distribution reinvestment plan.