RW Holdings NNN REIT Inc. filed for a best-efforts offering of up to $800.0 million of class C shares of its common stock.

Up to $725.0 million of shares will be issued in the primary offering and $75.0 million will be issued under the company's distribution reinvestment plan. The shares will be sold for $10.16 per share directly to investors.

The nontraded real estate investment trust expects to use net proceeds from the offering to fund investments and transaction costs, to repay debt, to repurchase shares, and for general corporate purposes.