Apollo Realty Income Solutions Inc., a non-traded NAV real estate investment trust sponsored by Apollo Global Management Inc., has declared its monthly net asset value per share as of May 30, 2023.
While the REIT has registered nine separate share classes, it has only sold class F-I and class A-I shares as of the end of May. As a result, the transaction price for the remaining share classes is based on the company’s total NAV per share of $20.29 as of May 30, 2023.
Class F-I were sold for $20.21, and Class A-I shares were sold for $20.30.
The company’s aggregate NAV grew to $285.2 million, compared to $241.3 million the month prior.
As of May 30, 2023, Apollo’s number of outstanding shares was 14.1 million.
Apollo Realty Income Solutions has registered up to a maximum of $5 billion in shares of its common stock for sale. As of June 16, 2023, the company sold approximately 10.2 million shares for total proceeds of $204.9 million.