Sculptor REIT Director Robert Shustak Resigns, Effective May 28
| Field | Detail |
|---|---|
| Company | Sculptor Diversified Real Estate Income Trust, Inc. |
| Form Type | 8-K |
| Filed Date | Dec 16, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: director-resignation, corporate-governance
TL;DR
**Sculptor REIT director Robert Shustak resigned, effective May 28, with no disagreements cited.**
AI Summary
Sculptor Diversified Real Estate Income Trust, Inc. filed an 8-K to announce the resignation of Mr. Robert Shustak from his position as a director of the company, effective May 28, 2024. This resignation was not due to any disagreement with the company's operations, policies, or practices. This matters to investors because a director's departure, even if amicable, can sometimes signal changes in board dynamics or strategic direction, which could impact future performance.
Why It Matters
The departure of a director, even if amicable, can subtly shift board composition and potentially influence future strategic decisions, which could affect the company's long-term value.
Risk Assessment
Risk Level: low — The filing indicates the resignation was not due to any disagreement, suggesting minimal immediate operational or strategic risk.
Analyst Insight
A smart investor would monitor future filings for the appointment of a new director and any subsequent changes in board composition or strategic direction, as this could influence long-term company performance.
Key Players & Entities
- Robert Shustak (person) — resigning director of Sculptor Diversified Real Estate Income Trust, Inc.
- Sculptor Diversified Real Estate Income Trust, Inc. (company) — the company filing the 8-K
- May 28, 2024 (date) — effective date of Mr. Shustak's resignation
Forward-Looking Statements
- The company will appoint a new director to fill the vacancy left by Mr. Shustak. (Sculptor Diversified Real Estate Income Trust, Inc.) — medium confidence, target: Q3 2024
FAQ
Who resigned from Sculptor Diversified Real Estate Income Trust, Inc.?
Mr. Robert Shustak resigned from his position as a director of Sculptor Diversified Real Estate Income Trust, Inc.
When was Mr. Shustak's resignation effective?
Mr. Shustak's resignation was effective on May 28, 2024.
Was Mr. Shustak's resignation due to any disagreement with the company?
No, the filing explicitly states that Mr. Shustak's resignation was not due to any disagreement with the company on any matter relating to its operations, policies, or practices.
What type of filing is this document?
This document is an 8-K filing, which is used to announce material events that shareholders should know about.
What is the full name of the company involved in this filing?
The full name of the company involved in this filing is Sculptor Diversified Real Estate Income Trust, Inc.
Filing Stats: 709 words · 3 min read · ~2 pages · Grade level 11.3 · Accepted 2025-12-16 13:04:16
Filing Documents
- sreit-20251216.htm (8-K) — 62KB
- 0001914496-25-000142.txt ( ) — 173KB
- sreit-20251216.xsd (EX-101.SCH) — 2KB
- sreit-20251216_lab.xml (EX-101.LAB) — 20KB
- sreit-20251216_pre.xml (EX-101.PRE) — 12KB
- sreit-20251216_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events. November 30, 2025 Net Asset Value ("NAV") per Share On December 16, 2025, we released the NAV per share for each share class of our common stock as of November 30, 2025, which amounts are as follows: NAV per Share Class E $ 11.3553 Class F $ 11.1366 Class FF $ 10.9632 Class AA $ 10.9104 Class A $ 10.8017 Class I-S $ 10.7591 NAV Calculation We calculate NAV per share in accordance with the valuation guidelines that have been approved by our board of directors. Our total NAV presented in the following tables includes the NAV of our Class E, Class F, Class FF, Class AA, Class A and Class I-S common shares, which were reduced by the noncontrolling interests in our consolidated subsidiaries. The following table provides a breakdown of the major components of our NAV as of November 30, 2025 (amounts in thousands, except share/unit data): Components of NAV Investments in real estate, net (including goodwill) $ 755,481 Investment in an unconsolidated joint venture 2,274 Investment in real estate debt 69,109 Cash and cash equivalents 44,566 Restricted cash 24,933 Receivables 1,672 Other assets 3,065 Mortgages, credit facility and financing obligations, net (349,352) Accounts payable and other liabilities (30,514) Management fee payable (366) Accrued performance participation allocation (2,836) Due to related parties, net (29) Noncontrolling interest in the consolidated subsidiaries (33,350) Net Asset Value $ 484,653 Number of outstanding shares/units 43,652,199 The following table provides a breakdown of our total NAV and NAV per share/unit by class as of November 30, 2025 (amounts in thousands, except share/unit and per share/unit data): NAV per share Class E Shares Class F Shares Class FF Shares Class AA Shares Class A Shares Class I-S Shares Operating Partnership Units (1) Total NAV $ 90,374 $ 228,416 $ 69,315 $ 75,378 $ 18,765 $ 546 $ 1,859 $ 484,653 Number of outstanding shares/units 7,958,
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. Sculptor Diversified Real Estate Income Trust, Inc. By: /s/ Steven Orbuch Name: Steven Orbuch Title: Chief Executive Officer Date: December 16, 2025