# Blue Owl Real Estate Net Lease Trust — liquidation/plan_of_liquidation [terminated]
Source: SEC API (secapi.ai) · situation sit_d798c56934209554ba54 · retrieved 2026-08-11T15:54:51.876Z

## Overview
Blue Owl Real Estate Net Lease Trust is a Maryland statutory trust that owns and operates a portfolio of net-leased real estate properties.

On July 1, 2026, Blue Owl Real Estate Net Lease Trust, through its subsidiary Blue Owl NLT Operating Partnership LP, completed its acquisition of Sila Realty Trust, Inc. pursuant to an Agreement and Plan of Merger dated April 19, 2026. Sila merged into Sunshine Holding REIT LLC (a subsidiary of Sunshine Ultimate Parent LLC, which is owned by Blue Owl), with the merger sub surviving. Each outstanding share of Sila common stock was converted into the right to receive $30.38 per share in cash. Based on the number of shares outstanding immediately prior to the effective time, the aggregate merger consideration was approximately $2.4 billion. Certain affiliates of Blue Owl committed to fund up to $2.5 billion in equity financing to support the transaction.

## Terms
- Counterparty: Sila Realty Trust, Inc. · Deal value: $2.40B · Consideration: cash · Price/share: $30.38

## Key dates
- Expected close 2026-07-01 · Terminated 2026-07-08

## Timeline
- 2026-07-08 · 8-K (0001944366-26-000053): 8-K - Blue Owl Real Estate Net Lease Trust — *Blue Owl Real Estate Net Lease Trust is a Maryland statutory trust that owns and operates a portfolio of net-leased real estate properties.* On July 1, 2026, Blue Owl Real Estate Net Lease Trust, through its subsidiary Blue Owl NLT Operating Partnership LP, completed its acquisition of Sila Realty Trust, Inc. pursuant to an Agreement and Plan of Merger dated April 19, 2026. Sila merged into Sunshine Holding REIT LLC (a subsidiary of Sunshine Ultimate Parent LLC, which is owned by Blue Owl), with the merger sub surviving. Each outstanding share of Sila common stock was converted into the right to receive $30.38 per share in cash. Based on the number of shares outstanding immediately prior to the effective time, the aggregate merger consideration was approximately $2.4 billion. Certain affiliates of Blue Owl committed to fund up to $2.5 billion in equity financing to support the transaction.
  https://www.sec.gov/Archives/edgar/data/1944366/0001944366-26-000053.txt

## Citations
- 0001944366-26-000053 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000194436626000053