Blue Owl Real Estate Net Lease Trust Files 8-K
| Field | Detail |
|---|---|
| Company | Blue Owl Real Estate Net Lease Trust |
| Form Type | 8-K |
| Filed Date | Sep 4, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $231.8 m, $110,610,788, $16,678,035, $3,545,000, $100,946,851 |
| Sentiment | neutral |
Sentiment: neutral
Topics: unregistered-sales, equity-securities, 8-k
TL;DR
Blue Owl Real Estate Net Lease Trust filed an 8-K for unregistered equity sales & other events.
AI Summary
On August 27, 2025, Blue Owl Real Estate Net Lease Trust filed an 8-K report detailing unregistered sales of equity securities and other events. The company, formerly known as Oak Street Net Lease Trust, is incorporated in Maryland and headquartered in Chicago, Illinois.
Why It Matters
This filing indicates potential new equity issuance or other significant corporate actions by Blue Owl Real Estate Net Lease Trust, which could impact its capital structure and future operations.
Risk Assessment
Risk Level: low — The filing is a standard 8-K reporting unregistered sales of equity securities and other events, without immediate indication of significant financial distress or major strategic shifts.
Key Players & Entities
- Blue Owl Real Estate Net Lease Trust (company) — Registrant
- Oak Street Net Lease Trust (company) — Former company name
- Maryland (jurisdiction) — State of incorporation
- Chicago, IL (location) — Principal executive offices location
- August 27, 2025 (date) — Date of earliest event reported
FAQ
What type of equity securities were sold?
The filing does not specify the type of equity securities sold, only that there were unregistered sales of equity securities.
What are the 'Other Events' mentioned in the filing?
The filing lists 'Other Events' as an item information but does not provide specific details within the provided text.
When was the company formerly known as Oak Street Net Lease Trust?
The company was formerly known as Oak Street Net Lease Trust, with a date of name change on August 29, 2022.
What is the principal executive office address?
The principal executive offices are located at 150 N Riverside Plaza, 37th Floor, Chicago, IL 60606.
What is the filing date of this 8-K report?
The report was filed as of September 4, 2025, with the date of the earliest event reported being August 27, 2025.
Filing Stats: 642 words · 3 min read · ~2 pages · Grade level 10.4 · Accepted 2025-09-04 16:56:45
Key Financial Figures
- $231.8 m — res for gross proceeds of approximately $231.8 million, based on net asset value per sha
- $110,610,788 — Sold Gross Proceeds Class S 10,703,873 $110,610,788* Class N 1,587,240 $16,678,035* Class
- $16,678,035 — 03,873 $110,610,788* Class N 1,587,240 $16,678,035* Class D 349,626 $3,545,000 Class I 9
- $3,545,000 — 1,587,240 $16,678,035* Class D 349,626 $3,545,000 Class I 9,771,351 $100,946,851 *Gros
- $100,946,851 — D 349,626 $3,545,000 Class I 9,771,351 $100,946,851 *Gross proceeds for Class S and Class
- $734,459 — sales load and dealer manager fees, of $734,459 and $253,435, respectively. Item 8.01
- $253,435 — nd dealer manager fees, of $734,459 and $253,435, respectively. Item 8.01. Other Event
- $0.0583333 — Servicing Fee Net Distribution Class S $0.0583333 $(0.0072711) $0.0510622 Class N $0.058
- $0.0510622 — bution Class S $0.0583333 $(0.0072711) $0.0510622 Class N $0.0583333 $(0.0043116) $0.054
- $0.0540217 — 510622 Class N $0.0583333 $(0.0043116) $0.0540217 Class D $0.0583333 $(0.0021124) $0.056
- $0.0562209 — 540217 Class D $0.0583333 $(0.0021124) $0.0562209 Class I $0.0583333 $— $0.0583333 The
Filing Documents
- osnl-20250827.htm (8-K) — 37KB
- 0001944366-25-000107.txt ( ) — 146KB
- osnl-20250827.xsd (EX-101.SCH) — 2KB
- osnl-20250827_lab.xml (EX-101.LAB) — 20KB
- osnl-20250827_pre.xml (EX-101.PRE) — 12KB
- osnl-20250827_htm.xml (XML) — 3KB
02. Unregistered Sale of Equity Securities
Item 3.02. Unregistered Sale of Equity Securities. On September 2, 2025, Blue Owl Real Estate Net Lease Trust (the " Company ," " ORENT " " we " or " us ") sold an aggregate of 22,412,090 of its common shares for gross proceeds of approximately $231.8 million, based on net asset value per share as of July 31, 2025. The offers and sales of these shares were exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2), Regulation D and/or Regulation S thereunder. The following table details the common shares sold: Common shares Number of Shares Sold Gross Proceeds Class S 10,703,873 $110,610,788* Class N 1,587,240 $16,678,035* Class D 349,626 $3,545,000 Class I 9,771,351 $100,946,851 *Gross proceeds for Class S and Class N shares include aggregate commissions, which consist of the sales load and dealer manager fees, of $734,459 and $253,435, respectively.
01. Other Events
Item 8.01. Other Events. On August 27, 2025, the Company declared distributions for each outstanding class of its common shares in the amount per share set forth below: Gross Distribution Shareholder Servicing Fee Net Distribution Class S $0.0583333 $(0.0072711) $0.0510622 Class N $0.0583333 $(0.0043116) $0.0540217 Class D $0.0583333 $(0.0021124) $0.0562209 Class I $0.0583333 $— $0.0583333 The net distributions for each class of common shares (which represents the gross distributions less shareholder servicing fees for the applicable class of common shares) are payable to shareholders of record immediately following the close of business on August 31, 2025 and will be paid on or about September 17, 2025. These distributions will be paid in cash or reinvested in shares of the Company's common shares for shareholders participating in the Company's distribution reinvestment plan.
SIGNATURES
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. Blue Owl Real Estate Net Lease Trust By: /s/ Kevin Halleran Name: Kevin Halleran Title: Chief Financial Officer Date: September 4, 2025