Form D · REITS and Finance

Blue Owl Real Estate Net Lease Trust

Chicago, IL · CIK 0001944366

Offering snapshot reported Aug 27, 2026 · SEC filing

Reported sold
$9.22B
Indefinite offering
Investors reported
44,524
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Sep 1, 2022
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$4.61B$9.22BAug 27, 2025: $6,305,908,754.00Aug 27, 2025Aug 27, 2026: $9,215,631,136.00Aug 27, 2026

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$6,305,908,754 → $9,215,631,136
  • Reported investors30,433 → 44,524

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Aug 27, 2026Amendment$9,215,631,136$2,909,722,382vs Aug 27, 202544,524SEC filing
Aug 27, 2025Amendment$6,305,908,754No comparison30,433SEC filing
Aug 30, 2024Amendment$3,565,177,828$1,997,909,726vs Aug 31, 202315,660SEC filing
Aug 31, 2023Amendment$1,567,268,102No comparison7,982SEC filing
Aug 31, 2022InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.5
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-457634
Total Amount Sold includes General Partner's commitment.
Any commissions are paid from a potential investor directly to such financial intermediaries in amounts that are in the discretion of the financial intermediaries and the Company is not able to estimate the amount of such commissions.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Blue Owl Securities LLC283250Blue Owl Securities LLC · CRD 283250
Morgan Stanley Smith Barney LLC149777Morgan Stanley Smith Barney LLC · CRD 149777
UBS Financial Services Inc.8174UBS Financial Services Inc. · CRD 8174
Stifel, Nicolaus & Company, Incorporated793Stifel, Nicolaus & Company, Incorporated · CRD 793
J.P. Morgan Securities LLC79J.P. Morgan Securities LLC · CRD 79
Merrill Lynch, Pierce, Fenner & Smith Incorporated7691Merrill Lynch, Pierce, Fenner & Smith Incorporated · CRD 7691
iCapital Markets LLC118219iCapital Markets LLC · CRD 118219
LPL Financial LLC6413LPL Financial LLC · CRD 6413
MML Investors Services, LLC10409MML Investors Services, LLC · CRD 10409
RBC Capital Markets, LLC31194RBC Capital Markets, LLC · CRD 31194
Sanctuary Securities, Inc.205Sanctuary Securities, Inc. · CRD 205
Raymond James & Associates, Inc.705Raymond James & Associates, Inc. · CRD 705
Roam Capital Partners, LLCNone
Raymond James Financial Services, Inc.6694Raymond James Financial Services, Inc. · CRD 6694
Citi Private Alternatives, LLC153777Citi Private Alternatives, LLC · CRD 153777
Arkadios Capital, LLC282710Arkadios Capital, LLC · CRD 282710
DFPG Investments, LLC155576DFPG Investments, LLC · CRD 155576
Kestra Investment Services, LLC42046Kestra Investment Services, LLC · CRD 42046
Rockefeller Financial LLC291361Rockefeller Financial LLC · CRD 291361
Steward Partners Investment Solutions, LLC1254Steward Partners Investment Solutions, LLC · CRD 1254
Citigroup Global Markets Inc.7059Citigroup Global Markets Inc. · CRD 7059
&Partners LLC3767&Partners LLC · CRD 3767
IDB Capital Corp.106032IDB Capital Corp. · CRD 106032
NYLIFE Securities LLC5167NYLIFE Securities LLC · CRD 5167
PNC Investments LLC129052PNC Investments LLC · CRD 129052
LPL Enterprise, LLC8733LPL Enterprise, LLC · CRD 8733
Commonwealth Equity Services, LLC8032Commonwealth Equity Services, LLC · CRD 8032
Ameriprise Financial Services, LLC6363Ameriprise Financial Services, LLC · CRD 6363
Kovack Securities Inc.44848Kovack Securities Inc. · CRD 44848
Thrivent Investment Management, Inc.18387Thrivent Investment Management, Inc. · CRD 18387
BTG Pactual US Capital, LLC149486BTG Pactual US Capital, LLC · CRD 149486
Insigneo Securities, LLC29249Insigneo Securities, LLC · CRD 29249

Source: Form D, filed Aug 27, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

No confirmed ADV fund connection is available for this issuer.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
N/A Blue Owl Real Estate Capital Llc Promoter
Rick Buoncore Director
Fred Cummings Director
Kevin Halleran Executive
Jesse Hom Executive
Alan Kirshenbaum Director
Michael Mackey Director
Andrew Morris Executive
Andrew Murphy Executive
N/A Oak Street Real Estate Capital, Llc Promoter
Neena Reddy Executive
Michael Reiter Director, Executive
Gary Rozier Executive
Jonathan Shames Director
Jared Sheiker Executive
Marc Zahr Director, Executive

Issuer details

Industry: REITS and Finance (See others in industry)

Address:
150 N. Riverside Fl 37
Chicago, IL, 60606