Sell North Haven Net REIT Shares

Investment Overview

North Haven Net REIT

North Haven Net REIT is a non-listed real estate investment trust. Its quarterly repurchase process is subject to eligibility, timing, available capacity, and current plan documents.

The common shares are not listed for continuous trading on a national securities exchange, so shareholders do not have conventional public-market liquidity.

Potential liquidity is evaluated through the issuer’s current repurchase or redemption program or, where permitted, a separately negotiated private transaction.

Investors should review the applicable share class, current NAV or merger consideration, purchase history, holding period, account registration, current issuer terms, and potential secondary market options for non-traded REIT shares.

Investment Snapshot

North Haven Net REIT
At A Glance

Portfolio

Portfolio Fundamentals
Can Affect Liquidity

Diversified income-producing real estate exposure should be evaluated alongside occupancy or operating performance, tenant quality, asset values, sector concentration, geography, debt, financing costs, and interest rates.

These factors may affect reported NAV, distributions, issuer liquidity, merger consideration, and private-market buyer demand.

Current NAV

Understanding
North Haven NAV

North Haven states that the repurchase price for shares accepted as of June 30, 2026 was based on NAV as of May 31, 2026, with class-specific values rounded to four decimal places.

NAV is an issuer valuation reference, not a guaranteed private-sale price or an assurance that shares can be repurchased on demand.

A private purchaser may evaluate NAV together with share class, transferability, position size, portfolio fundamentals, leverage, expected holding period, current issuer liquidity, and required return.

Share Repurchase Plan

Issuer-Sponsored Liquidity
Is Subject To Program Limits

The issuer program may provide a potential liquidity route, but requests remain subject to current plan terms, eligibility, holding periods, notice timing, capacity, possible proration, and issuer or board discretion.

The issuer program should be viewed as a limited liquidity mechanism rather than continuous exchange-traded liquidity.

Recent 2026 Repurchase Activity

Current Repurchase
Conditions Matter

The latest 2026 prospectus supplement, quarterly filing, NAV disclosure, or issuer communication should be reviewed for current request volume, accepted amounts, capacity, proration, deadlines, and program changes.

Historical fulfillment or a published NAV does not guarantee that future requests will be accepted under the same conditions.

Distributions

Distribution Income
And Liquidity Are Separate

North Haven Net REIT may make distributions based on portfolio income, operating performance, financing requirements, and board or fund approval.

Distribution history can inform total-return analysis, but distributions do not establish a current secondary-market value or guarantee recovery of invested capital.

Financial / Balance Sheet Update

Financial Condition
Can Influence Liquidity

Review the latest 2026 quarterly and annual filings for assets, liabilities, leverage, debt maturities, interest expense, cash resources, liquidity, operating results, distributions, and valuation changes.

These factors are important inputs to issuer liquidity, private-market assessment, or post-merger record reconciliation.

Secondary Market

Can North Haven
Shares Be Sold?

Potentially. The shares are not generally listed for continuous trading on a national securities exchange, so investors cannot place a conventional public-market sell order.

Eligible shareholders may first evaluate the issuer’s current repurchase or redemption program.

A private transaction, where applicable, is separate from the issuer program and may involve different pricing, transfer procedures, documentation, timing, and buyer underwriting. Investors can review AIL’s guide to the non-traded REIT secondary market.

Valuation Considerations

What May Affect
North Haven Share Value?

Current NAV Or Merger Consideration

Reported NAV provides an issuer valuation reference but should be considered separately from a potential privately negotiated price.

Program Terms And Share Class

Classes or transaction types may have different fees, NAVs, holding periods, eligibility rules, repurchase limits, redemption prices, and transfer procedures.

Portfolio, Debt, And Operating Performance

Property or loan performance, tenant or borrower quality, asset values, leverage, debt maturities, interest expense, sector exposure, and refinancing conditions may influence valuation and buyer underwriting.

Transferability And Demand

Transfer restrictions, account registration, custodian requirements, position size, documentation, current issuer liquidity, and buyer return requirements may determine whether a transaction can be completed.

For additional context, see AIL’s guide on how to sell a non-traded REIT.

Documentation

Information Commonly
Requested For Review

A recent account statement is generally the most useful starting point when reviewing a North Haven Net REIT position.

The statement can help confirm share class, share count, purchase history, account registration, custodian, ownership structure, and current reported value or merger consideration.

Additional documentation may include purchase confirmations, distribution records, issuer correspondence, subscription documents, transfer forms, merger materials, or other ownership records.

Marketability Assessment

What Determines Whether
A Position Can Be Reviewed?

Not every position will qualify for or require a private secondary-market transaction.

Marketability may depend on share class, purchase history, account registration, position size, transferability, current issuer terms, documentation, NAV, fundamentals, leverage, and buyer demand.

Confidential Investment Review

Evaluate Your North Haven
Liquidity Options

Alternative Investment Liquidity reviews North Haven Net REIT positions or records on a case-by-case basis to help identify available liquidity pathways or unresolved record issues.

A review can consider share class, account registration, purchase history, current NAV or merger consideration, issuer-program eligibility, documentation, transferability, and potential buyer demand.

Requesting a review does not obligate an investor to sell and does not guarantee a transaction, recovery, or record correction. Investors can request a Confidential Investment Review.

Source References

North Haven Net REIT
Research Sources

This profile should be read with current SEC filings, prospectus supplements, NAV disclosures, repurchase or redemption materials, quarterly reports, and merger documents where applicable.

• North Haven Net REIT issuer or sponsor information
• North Haven Net REIT SEC Filings