FS Credit Real Estate Income Trust Enters Material Agreement
| Field | Detail |
|---|---|
| Company | Fs Credit Real Estate Income Trust, Inc. |
| Form Type | 8-K |
| Filed Date | Oct 17, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $612,312,452.79, $15,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
FS Credit Real Estate Income Trust just signed a big deal creating new financial obligations.
AI Summary
FS Credit Real Estate Income Trust, Inc. entered into a material definitive agreement on October 15, 2025. This agreement also created a direct financial obligation for the registrant. The filing includes financial statements and exhibits related to this event.
Why It Matters
This filing indicates a significant new financial commitment or contract for FS Credit Real Estate Income Trust, Inc., which could impact its financial obligations and operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to the terms of the agreement and the company's ability to meet them.
Key Players & Entities
- FS Credit Real Estate Income Trust, Inc. (company) — Registrant
- October 15, 2025 (date) — Date of Earliest Event Reported
FAQ
What type of material definitive agreement did FS Credit Real Estate Income Trust, Inc. enter into?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on October 15, 2025.
What is the nature of the direct financial obligation created by this agreement?
The filing states that a direct financial obligation was created but does not provide specific details about its nature or amount.
Are the financial statements and exhibits related to this new agreement included in this filing?
Yes, the filing indicates that financial statements and exhibits are included, presumably related to the material definitive agreement.
What is the Commission File Number for FS Credit Real Estate Income Trust, Inc.?
The Commission File Number for FS Credit Real Estate Income Trust, Inc. is 000-56163.
When was FS Credit Real Estate Income Trust, Inc. incorporated?
FS Credit Real Estate Income Trust, Inc. was incorporated in Maryland.
Filing Stats: 928 words · 4 min read · ~3 pages · Grade level 11.4 · Accepted 2025-10-17 11:22:31
Key Financial Figures
- $612,312,452.79 — ilable under the JP-1 Facility is up to $612,312,452.79. All assets pledged to the JP-1 Facili
- $15,000,000 — ity at not less than the greater of (x) $15,000,000 and (y) 5% of the aggregate amount outs
Filing Documents
- tm2528910d1_8k.htm (8-K) — 49KB
- tm2528910d1_ex2-1.htm (EX-2.1) — 1253KB
- tm2528910d1_ex2-2.htm (EX-2.2) — 91KB
- 0001104659-25-100308.txt ( ) — 1819KB
- fscreit-20251015.xsd (EX-101.SCH) — 3KB
- fscreit-20251015_lab.xml (EX-101.LAB) — 33KB
- fscreit-20251015_pre.xml (EX-101.PRE) — 22KB
- tm2528910d1_8k_htm.xml (XML) — 3KB
01 Entry into a Material Definitive
Item 1.01 Entry into a Material Definitive Agreement. On October 15, 2025, FS CREIT Finance JP-1 LLC ("JP-1"), an indirect wholly owned special-purpose financing subsidiary of FS Credit Real Estate Income Trust, Inc. ("FS CREIT"), entered into a Master Repurchase Agreement (the "Repurchase Agreement," and together with the related transaction documents, the "JP-1 Facility"), as seller, with JP Morgan Chase Bank, National Association, as buyer (the "Buyer"), to finance the acquisition and origination of certain assets which include performing senior commercial or multifamily mortgage loans, A-notes related to performing senior commercial or multifamily mortgage loans, participation interests in performing senior commercial or multifamily mortgage loans, mezzanine loans, and REO mortgage loans (the "Eligible Assets"). The maximum amount of financing available under the JP-1 Facility is up to $612,312,452.79. All assets pledged to the JP-1 Facility are required to be repurchased no later than October 15, 2030, or such earlier date based on the maturity date of the related asset, and subject to certain terms set forth in the transaction documents. In connection with the Repurchase Agreement, FS CREIT entered into a Guaranty (the "Guaranty") pursuant to which FS CREIT guarantees the prompt and complete payment and performance of the guaranteed obligations when due under the JP-1 Facility, subject to limitations specified therein. The Guaranty may become full recourse to FS CREIT upon the occurrence of certain events, including the commencement of certain bankruptcy actions with respect to FS CREIT or JP-1. The Repurchase Agreement and Guaranty contain representations, warranties, covenants, events of default and indemnities that are customary for agreements of their type. In addition, FS CREIT is required (i) to maintain its adjusted tangible net worth at an amount not less than 75% of the net cash proceeds of any equity issuance by FS CREIT minus 75% of the amount
03 Creation of a Direct Financial
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information contained in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.
01 Exhibits
Item 9.01 Exhibits. Exhibit No. Description 2.1 Master Repurchase Agreement dated as of October 15, 2025 between FS CREIT Finance JP-1 LLC, and JP Morgan Chase Bank, National Association. 2.2 Guaranty dated as of October 15, 2025 made by FS Credit Real Estate Income Trust, Inc. in favor of JP Morgan Chase Bank, National Association. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE 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. FS Credit Real Estate Income Trust, Inc. Date: October 17, 2025 By: /s/Stephen S. Sypherd Stephen S. Sypherd Vice President, Treasurer & Secretary