The Board of Directors approved an estimated net asset value (NAV) per share as of March 31, 2026. NAV per share for Class K-I and Class K shares is set at $10.17. NAV per share for Class A shares is set at $5.91. NAV per share for Class B shares is set at $0.00. The valuation was conducted by independent firm Robert A. Stanger & Co., Inc. in accordance with IPA Valuation Guidelines. The total value of the company's five appraised properties is approximately $109.3 million, representing a 10.65% increase over the aggregate purchase price and capital improvements.