For the quarter ending 2026-03-31, OZ had -$12,362K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Rental revenue | 4,235 | - | - |
| Property expenses | 4,153 | - | - |
| Total segment noi-Operating Segments | -82 | - | - |
| Management fees, included in property expenses-Corporate Non Segment | 849 | - | - |
| General and administrative-Corporate Non Segment | 1,795 | - | - |
| Interest expense-Corporate Non Segment | 5,285 | - | - |
| Depreciation and amortization-Corporate Non Segment | 3,077 | - | - |
| Interest income-Corporate Non Segment | 210 | - | - |
| Impairment of real estate | - | 0 | 0 |
| Other income (expense)-Corporate Non Segment | -41 | - | - |
| Net loss | 17,719 | -12,136 | -16,256 |
| Depreciation and amortization including intangible assets and deferred financing costs | -3,370 | 2,290 | 4,831 |
| Accretion of rent-related intangibles and straight-line rent adjustments | - | -18 | -55 |
| Amortization of rent-related intangibles and straight-line rent adjustments | -52 | - | - |
| Unrealized (gain) loss on interest rate derivatives | 62 | -11 | -6 |
| Loss on extinguishment of debt | - | -2,960 | - |
| Increase in other assets and due from affiliates | 3,230 | 70 | 564 |
| Increase in due to affiliates | -1,767 | 804 | 1,531 |
| Increase (decrease) in accounts payable | 188 | 42 | -219 |
| Increase in accrued expenses and other liabilities | 2,351 | 151 | 1,696 |
| Net cash used in operating activities | 8,890 | -5,966 | -9,030 |
| Proceeds from interest rate cap | - | 0 | - |
| Development of real estate | -45,695 | 11,745 | 44,176 |
| Funding of convertible loan receivable to affiliate | 5,000 | - | - |
| Other investing activity | -51 | 57 | 34 |
| Purchase of interest rate caps | - | 36 | 4 |
| Repayment of construction loan | - | 113,277 | - |
| Net cash used in investing activities | 40,786 | -11,838 | -44,214 |
| Proceeds from construction loans | -48,168 | 13,328 | 46,814 |
| Payment of offering costs | - | 6 | 9 |
| Repayment of loan from affiliate | - | 0 | 0 |
| Payment of deferred financing costs | - | 1,735 | 37 |
| Short-term loan from affiliate | - | 0 | 0 |
| Distribution to noncontrolling interests | - | 0 | 0 |
| Contributions from noncontrolling interests | - | 0 | 0 |
| Repayment of term loan | - | 51,092 | - |
| Proceeds from units issued | -5,193 | 4,380 | 4,023 |
| Proceeds from term loans | -173,462 | 172,524 | 3,168 |
| Redemption of noncontrolling interests | 1,641 | - | - |
| Other financing activities | 270 | -258 | 181 |
| Net cash provided by financing activities | -62,038 | 23,864 | 54,140 |
| Net decrease in cash and cash equivalents and restricted cash | -12,362 | 6,060 | 896 |
| Cash and cash equivalents and restricted cash, beginning of period | 35,787 | 28,831 | - |
| Cash and cash equivalents and restricted cash, end of period | 23,266 | 35,787 | - |