UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
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| Item 1.01. | Entry into a Material Definitive Agreement. |
Natixis Repurchase Facility
As previously disclosed, on May 23, 2025, BLKM I, LLC (the “Seller”), an indirect wholly owned special-purpose financing subsidiary of BlackRock Monticello Debt Real Estate Investment Trust, a Maryland statutory trust (the “Company”), entered into that certain Master Repurchase Agreement and Securities Contract (together with the related transaction documents, the “Repurchase Agreement”), with Natixis, New York Branch (“Natixis”), to finance the acquisition by the Seller of eligible loans as more particularly described in the Repurchase Agreement. The Repurchase Agreement provided for asset purchases by Natixis for an initial amount of $150 million, which was increased to $250 million pursuant to that certain First Amendment to Fee Letter, dated as of November 26, 2025.
On June 24, 2026, the Seller and Natixis entered into that certain First Amendment to Master Repurchase Agreement and Securities Contract (the “First Amendment”) and that certain Second Amendment to Fee Letter (the “Second Amended Fee Letter” and, together with the First Amendment, the “June 2026 Amendments”). The June 2026 Amendments further increased the maximum facility amount under the Repurchase Agreement to $500 million and extended the funding expiration date to June 24, 2028, subject to early termination as provided in the First Amendment. No other material changes were made with respect to the terms of the Repurchase Agreement.
The foregoing summary description of the First Amendment does not purport to be complete and is qualified in its entirety by reference to the First Amendment, a copy of which is included as Exhibit 10.1, to this Current Report on Form 8-K and incorporated herein by reference.
| Item 2.03. | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. |
The information set forth in Item 1.01 is incorporated herein by reference into this Item 2.03.
| Item 7.01. | Regulation FD Disclosure. |
June 2026 Distribution
On June 30, 2026, the Company declared distributions for each class of its common shares of beneficial interest, par value $0.01 per share (the “Common Shares”), in the amount per share set forth below:
| Gross Distribution | Shareholder Servicing Fee |
Net Distribution | ||||||||||
| Class F-S Common Shares |
$ | 0.1927 | $ | 0.0178 | $ | 0.1749 | ||||||
| Class F-I Common Shares |
$ | 0.1927 | $ | 0.0000 | $ | 0.1927 | ||||||
| Class E Common Shares |
$ | 0.1927 | $ | 0.0000 | $ | 0.1927 | ||||||
The gross distribution amounts above reflect a distribution of $0.1927 per share for the month of June. The net distribution for each class of Common Shares (which represents the gross distributions less shareholder servicing fees for the applicable class of Common Shares) is payable to shareholders of record as of the close of business on June 30, 2026, and will be paid on or about July 21, 2026. These distributions will be paid in cash or reinvested in the applicable class of the Company’s Common Shares for shareholders participating in the Company’s distribution reinvestment plan.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit No. |
Description | |
| 10.1* | First Amendment to Master Repurchase Agreement and Securities Contract, dated June 24, 2026, by and among BLKM I, LLC, as seller, BlackRock Monticello Debt Real Estate Investment Trust, as guarantor, and Natixis, New York Branch as buyer. | |
| 104 | Cover Page Interactive Data File (embedded within the XBRL file) | |
| * | Portions of this exhibit have been omitted pursuant to Item 601(a)(6) and/or Item 601(b)(10)(iv) of Regulation S-K. |
SIGNATURES
Pursuant 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.
| BlackRock Monticello Debt Real Estate Investment Trust | ||
| By: | /s/ Barry W. Szarvas Jr. | |
| Name: | Barry W. Szarvas Jr. | |
| Title: | Chief Financial Officer | |
Dated: June 30, 2026