CNSREIT-AR-2024 Final - Flipbook - Page 138
Capital Raising Activities:
Subsequent to year end, the Company issued approximately 3.6 million Class P shares for gross proceeds of $40.1 million.
As of March 13, 2025, the Company has called $174.3 million in commitments to purchase Class P shares. All outstanding
third party Class P commitments have been called. Approximately $49.7 million of the Advisor9s $124.8 million
commitment to purchase Class P Shares remains outstanding, which the Company may call at any time.
As part of the public offering, subsequent to December 31, 2024, and through March 13, 2025, the Company has issued
and sold 62,334 shares of our common stock (consisting of 431 Class I shares and 61,903 Class F-I shares) for total
proceeds of $0.7 million, including shares issued pursuant to our distribution reinvestment plan.
Investing Activities:
On January 17, 2025, the Company and Phillips Edison & Company (
