X0708 D/A LIVE 0001966394 Fortress Net Lease REIT 1345 Avenue of the Americas 46th Floor New York NY NEW YORK 10105 (212) 798-6100 MARYLAND None None Business Trust true 2023 N/A FNLR Management LLC 1345 Avenue of the Americas 46th Floor New York NY NEW YORK 10105 Promoter Ahsan Aijaz 1345 Avenue of the Americas 46th Floor New York NY NEW YORK 10105 Director Executive Officer Co-Chief Executive Officer and Trustee Lewis A. Burleigh 1345 Avenue of the Americas 46th Floor New York NY NEW YORK 10105 Director Trustee Deborah Doyle McWhinney 1345 Avenue of the Americas 46th Floor New York NY NEW YORK 10105 Director Trustee David Weinreb 1345 Avenue of the Americas 46th Floor New York NY NEW YORK 10105 Director Trustee Avraham Dreyfuss 1345 Avenue of the Americas 46th Floor New York NY NEW YORK 10105 Executive Officer Chief Financial Officer REITS and Finance Decline to Disclose 06b 3C.5 true 0000950172-23-000084 2023-06-01 true true false 0 Fortress Wealth Solutions LLC 000324594 None None 1345 Avenue of the Americas 45th Floor New York NY NEW YORK 10105 All States Morgan Stanley Smith Barney LLC 000149777 None None 2000 Westchester Avenue Purchase NY NEW YORK 10577 All States Steward Partners Investment Solutions, LLC 000001254 None None 15495 SW Sequoia Parkway Suite 150 Portland OR OREGON 97224 All States Realta Equities, Inc. 000023769 None None 12636 High Bluff Drive Suite 300 San Diego CA CALIFORNIA 92130 All States Fortress Capital Formation LLC 000152385 None None 1345 Avenue of the Americas 45th Floor New York NY NEW YORK 10105 All States Independent Brokerage Solutions LLC 000153563 None None 485 Madison Avenue 15th Floor New York NY NEW YORK 10022 All States D.A. Davidson & Co. 000000199 None None 8 Third Street North Great Falls MT MONTANA 59401 All States Arete Wealth Management, LLC 000044856 None None 1115 W Fulton Market, 3rd Floor Chicago IL ILLINOIS 60607 All States Raymond James & Associates, Inc. 000000705 Raymond James Financial Services Inc. 000006694 880 Carillon Parkway St. Petersburg FL FLORIDA 33716 All States Indefinite 1784413739 Indefinite false 7019 0 0 Any commissions are paid from a potential investor directly to the financial intermediaries in amounts that are in the discretion of the financial intermediaries and the Issuer is not able to estimate the amount of such commissions. 0 false Fortress Net Lease REIT /s/ Avraham Dreyfuss Avraham Dreyfuss Chief Financial Officer of the Issuer 2026-05-18