Organization and Business Purpose	5 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Business Purpose	1. Organization and Business Purpose Core University Living Real Estate Income Trust (the “Company”) was formed as a Maryland statutory trust on January 23, 2026 and intends to qualify as a real estate investment trust (“REIT”) for U.S. federal income tax purposes. The Company was organized primarily to acquire, own, and manage a portfolio of core and core-plus student housing properties. The Company is the sole general partner of Core University Living REIT OP, LP, a Delaware limited partnership (the “Operating Partnership”). Substantially all of the Company’s business is conducted through the Operating Partnership. The Operating Partnership provides a performance participation interest to Core University Living REIT SLP, LLC (the “Special Limited Partner”), an affiliate of Core Spaces, LLC (the “Sponsor”). The Company is externally managed by CSF Asset Management Vehicle, LLC (the “Adviser”), an affiliate of the Sponsor. On February 19, 2026, the Company was capitalized with a $1,000 investment by a wholly-owned subsidiary of the Sponsor. As of June 30, 2026, the Company had neither purchased nor contracted to purchase any investments. Capitalization As of June 30, 2026, the Company was authorized to issue an unlimited number of shares classified as common shares of beneficial interest, par value $0.01 per share (“common shares”), and an unlimited number of shares classified as preferred shares of beneficial interest, par value $0.01 per share. The Company is conducting a continuous private offering (the “Offering”), pursuant to which it will offer and sell its common shares to a limited number of investors, including common shares classified as Class A common shares (“Class A shares”), Class D common shares (“Class D shares”), Class E common shares (“Class E shares”), Class F-D common shares (“Class F-D shares”), Class F-I common shares (“Class F-I shares”), Class F-S common shares (“Class F-S shares”), Class I common shares (“Class I shares”) and Class S common shares (“Class S shares”). The share classes have different upfront selling commissions, management fees, asset-based servicing fees and shareholder servicing fees. The initial purchase price per share of the Company’s shares in the Offering is $10.00 per share plus applicable upfront selling commissions. Thereafter, the purchase price per share for each class of the Company’s common shares will vary and will generally equal the Company’s prior month’s net asset value (“NAV”) per share, as calculated monthly, plus applicable upfront selling commissions. The Company commenced the Offering on July 17, 2026. The Company received a $1,000 investment from a wholly-owned subsidiary of the Sponsor. In accordance with Accounting Standards Codification (“ASC”) 480, this transaction was classified as mezzanine equity on the consolidated financial statement. As of June 30, 2026, cost approximates fair value.

Core University Living Real Estate Income Trust (the “Company”) was formed as a Maryland statutory trust on January 23, 2026 and intends to qualify as a real estate investment trust (“REIT”) for U.S. federal income tax purposes. The Company was organized primarily to acquire, own, and manage a portfolio of core and core-plus student housing properties. The Company is the sole general partner of Core University Living REIT OP, LP, a Delaware limited partnership (the “Operating Partnership”). Substantially all of the Company’s business is conducted through the Operating Partnership. The Operating Partnership provides a performance participation interest to Core University Living REIT SLP, LLC (the “Special Limited Partner”), an affiliate of Core Spaces, LLC (the “Sponsor”). The Company is externally managed by CSF Asset Management Vehicle, LLC (the “Adviser”), an affiliate of the Sponsor. On February 19, 2026, the Company was capitalized

with a $1,000 investment by a wholly-owned subsidiary of the Sponsor.

As of June 30, 2026, the Company was authorized to issue an

unlimited

number of shares classified as common shares of beneficial interest, par value $0.01 per share (“common shares”), and an

unlimited

number of shares classified as preferred shares of beneficial interest, par value $0.01 per share.

The Company is conducting a continuous private offering (the “Offering”), pursuant to which it will offer and sell its common shares to a limited number of investors, including common shares classified as Class A common shares (“Class A shares”), Class D common shares (“Class D shares”), Class E common shares (“Class E shares”),

Class F-D

common shares

(“Class F-D

shares”),

Class F-I

common shares

(“Class F-I

shares”),

Class F-S

common shares

(“Class F-S

shares”), Class I common shares (“Class I shares”) and Class S common shares (“Class S shares”). The share classes have different upfront selling commissions, management fees, asset-based servicing fees and shareholder servicing fees. The initial purchase price per share of the Company’s shares in the Offering is $10.00 per share plus applicable upfront selling commissions. Thereafter, the purchase price per share for each class of the Company’s common shares will vary and will generally equal the Company’s prior month’s net asset value (“NAV”) per share, as calculated monthly, plus applicable upfront selling commissions. The Company commenced the Offering on July 17, 2026.

The Company received a $1,000 investment from a wholly-owned subsidiary of the Sponsor. In accordance with Accounting Standards Codification (“ASC”) 480, this transaction was classified as mezzanine equity on the consolidated financial statement. As of June 30, 2026, cost approximates fair value.