Notice2026-00899

Forum Real Estate Income Fund, et al.

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
January 20, 2026

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 91 Issue 12 (Tuesday, January 20, 2026)</title>
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[Federal Register Volume 91, Number 12 (Tuesday, January 20, 2026)]
[Notices]
[Pages 2409-2410]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-00899]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35899; File No. 812-15907]


Forum Real Estate Income Fund, et al.

January 14, 2026.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').

ACTION: Notice.

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    Notice of application for an order under sections 17(d) and 57(i) 
of the Investment Company Act of 1940 (the ``Act'') and rule 17d-1 
under the Act to permit certain joint transactions otherwise prohibited 
by sections 17(d) and 57(a)(4) of the Act and rule 17d-1 under the Act.

SUMMARY OF APPLICATION:  Applicants request an order to permit certain 
business development companies (``BDCs'') and closed-end management 
investment companies to co-invest in portfolio companies with each 
other and with certain affiliated investment entities.

APPLICANTS:  Forum Real Estate Income Fund; Forum Structured Finance 
LP; Forum Capital Advisors LLC; Forum Structured Finance SLP LLC; Forum 
Multifamily Real Estate Investment Trust, Inc.; FMREIT Operating 
Partnership LP; FDG Stonecrest Investors Associates I-A, LLC; FDG 
Stonecrest Investors Associates I-B, LLC; FDG Stonecrest Investors 
Associates II-A, LLC; and FDG Stonecrest Investors Associates II-B, 
LLC.

FILING DATES: The application was filed on September 26, 2025, and 
amended on December 23, 2025 and January 9, 2026.

HEARING OR NOTIFICATION OF HEARING:  An order granting the requested 
relief will be issued unless the Commission orders a hearing. 
Interested persons may request a hearing on any application by emailing 
the SEC's Secretary at <a href="/cdn-cgi/l/email-protection#fcaf999f8e99889d8e858fd1b39a9a959f99bc8f999fd29b938a"><span class="__cf_email__" data-cfemail="b2e1d7d1c0d7c6d3c0cbc19ffdd4d4dbd1d7f2c1d7d19cd5ddc4">[email&#160;protected]</span></a> and serving the 
Applicants with a copy of the request by email, if an email address is 
listed for the relevant Applicant below, or personally or by mail, if a 
physical address is listed for the relevant Applicant below. Hearing 
requests should be received by the Commission by 5:30 p.m. on February 
9, 2026, and should be accompanied by proof of service on the 
Applicants, in the form of an affidavit or, for lawyers, a certificate 
of service. Pursuant to rule 0-5 under the Act, hearing requests should 
state the nature of the writer's interest, any facts bearing upon the 
desirability of a hearing on the matter, the reason for

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the request, and the issues contested. Persons who wish to be notified 
of a hearing may request notification by emailing the Commission's 
Secretary at <a href="/cdn-cgi/l/email-protection#abf8cec8d9cedfcad9d2d886e4cdcdc2c8ceebd8cec885ccc4dd"><span class="__cf_email__" data-cfemail="df8cbabcadbaabbeada6acf290b9b9b6bcba9facbabcf1b8b0a9">[email&#160;protected]</span></a>.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#287b4d4b5a4d5c495a515b05674e4e414b4d685b4d4b064f475e"><span class="__cf_email__" data-cfemail="6536000617001104171c16482a03030c0600251600064b020a13">[email&#160;protected]</span></a>. Applicants: 
Darren Fisk, Chief Executive Officer, <a href="/cdn-cgi/l/email-protection#fb979e9c9a97bb9d94898e96929cd5989496"><span class="__cf_email__" data-cfemail="264a4341474a66404954534b4f410845494b">[email&#160;protected]</span></a> and Elizabeth 
Ryan, Chief Compliance Officer & General Counsel, <a href="/cdn-cgi/l/email-protection#59353c3e3835193f362b2c34303e773a3634"><span class="__cf_email__" data-cfemail="dcb0b9bbbdb09cbab3aea9b1b5bbf2bfb3b1">[email&#160;protected]</span></a>, 
Forum Capital Advisors LLC, 240 Saint Paul Street, Suite 400, Denver, 
Colorado 80206, and copies to: Kelley A. Howes, <a href="/cdn-cgi/l/email-protection#dcb7b4b3abb9af9cb1b3bab3f2bfb3b1"><span class="__cf_email__" data-cfemail="b4dfdcdbc3d1c7f4d9dbd2db9ad7dbd9">[email&#160;protected]</span></a>, 
Morrison & Foerster LLP, 370 17th Street, Suite 4200, Denver, Colorado 
80202.

FOR FURTHER INFORMATION CONTACT: Trace W. Rakestraw, Senior Special 
Counsel, or Adam Large, Senior Special Counsel, at (202) 551-6825 
(Division of Investment Management, Chief Counsel's Office).

SUPPLEMENTARY INFORMATION: For Applicants' representations, legal 
analysis, and conditions, please refer to Applicants' amended 
application, filed January 9, 2026, which may be obtained via the 
Commission's website by searching for the file number at the top of 
this document, or for an Applicant using the Company name search field, 
on the SEC's EDGAR system.
    The SEC's EDGAR system may be searched at <a href="https://www.sec.gov/edgar/search/">https://www.sec.gov/edgar/search/</a>. You may also call the SEC's Office of Investor Education 
and Advocacy at (202) 551-8090.

    For the Commission, by the Division of Investment Management, 
under delegated authority.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2026-00899 Filed 1-16-26; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on January 20, 2026.

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