UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of Registrant as Specified in Its Charter)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act: None
Title of each class |
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 8.01 Other Events.
On November 29, 2024, J.P. Morgan Real Estate Income Trust, Inc. (the “Company”) declared distributions for each class of its common stock in the amount per share set forth below for record holders as of the date set forth above the table:
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November 30, 2024 Record Date |
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Gross Distribution |
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Stockholder Servicing Fee |
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Net Distribution |
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Class I Common Stock |
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$ |
0.0375 |
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$ |
- |
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$ |
0.0375 |
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Class D Common Stock |
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$ |
0.0375 |
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$ |
- |
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$ |
0.0375 |
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Class S Common Stock |
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$ |
0.0375 |
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$ |
(0.0076 |
) |
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$ |
0.0299 |
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Class E Common Stock |
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$ |
0.0375 |
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$ |
- |
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$ |
0.0375 |
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Class Y Common Stock |
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$ |
0.0375 |
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$ |
(0.0076 |
) |
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$ |
0.0299 |
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As of November 29, 2024, the Company had no outstanding shares of Class T or Class X common stock. The net distributions for each class of common stock (which represents the gross distributions less stockholder servicing fees for the applicable class of common stock) are payable to stockholders of record immediately following 5:00 p.m. Eastern Time on the record date set forth above. The stockholder servicing fee on the Company’s Class D common stock was waived for November 2024, and the net asset value attributable to current holders of Class D shares will not be included in the computation of stockholder servicing fees charged on Class D shares in perpetuity. There is no stockholder servicing fee with respect to Class I common stock or Class E common stock. These distributions will be paid on or about December 4, 2024 and will be paid in cash or reinvested in shares of the Company’s common stock for stockholders participating in the Company’s distribution reinvestment plan.
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.
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J.P. Morgan Real Estate Income Trust, Inc. |
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Date: |
November 29, 2024 |
By: |
/s/ Lawrence A. Goodfield, Jr. |
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Lawrence A. Goodfield, Jr. |