X0508 4 2025-01-02 0001966394 Fortress Net Lease REIT NONE 0001116722 MCWHINNEY DEBORAH D C/O FORTRESS NET LEASE REIT 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105 true false Class E Common Shares of Beneficial Interest 2025-01-02 4 A 0 9718 0 A 9876 D Class E common shares issued as compensation for serving as a member of the Board of Trustees of Fortress Net Lease REIT. The reported amount includes 158 shares acquired pursuant to the Issuer's distribution reinvestment plan, in transactions exempt from Section 16 pursuant to Rule 16a-11. /s/ Deborah McWhinney 2025-04-02