Sculptor Diversified Real Estate Income Trust, Inc.

Item 3.02 Unregistered Sales of Equity Securities. On August 3, 2026, Sculptor Diversified Real Estate Income Trust, Inc. (the “Company”) issued the following shares based on the respective net asset value per share as of June 30, 2026. The following table details the shares issued and gross proceeds: Number of Shares Issued Gross Proceeds Class E Shares(1) 17,867 $ 209,047 Class AA Shares(2) 836,831 9,364,700 Class I-S Shares 87,194 958,537 Total 941,892 $ 10,532,284 _______________________________________ (1) Class E shares were issued to Sculptor Advisors LLC as payment for accrued management fees. (2) Includes sales load fees of $34,700 for Class AA Shares. On July 10, 2026, the Company, pursuant to their distribution reinvestment plans, issued the following shares based on the respective net asset value per share as of May 31, 2026: Number of Shares Issued Purchase Price Class E Shares(1) 2,540 $ 29,645 Class F Shares 88,927 1,010,847 Class FF Shares 23,300 261,492 Class AA Shares 30,741 341,982 Class A Shares 1,997 22,000 Class I-S Shares 377 4,135 Total 147,882 $ 1,670,101 _______________________________________ (1) Includes distributions of 100 Class E restricted shares at $1,168 in connection with the restricted stock held by our independent directors under our independent director compensation plan. The offer, sale, and issuance of these shares were exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2), Regulation D and/or Regulation S thereunder.

Item 7.01. Regulation FD Disclosure. July 2026 Distributions On July 31, 2026, the Company declared distributions for each class of its common stock in the amounts per share set forth below: Gross Distribution Distribution Fees Net Distribution Class E Shares $0.0667 $ — $0.0667 Class F Shares $0.0667 $ — $0.0667 ───────────────────────────────────────────────────────────────────────────────────────────────────── Class FF Shares $0.0667 $ 0.0048 $0.0619 Class A Shares $0.0667 $ — $0.0667 Class AA Shares $0.0667 $ 0.0047 $0.0620 Class I-S Shares $0.0667 $ — $0.0667 The net distributions for each class of common stock (which represents the gross distributions less distribution fees for the applicable class of common stock) are payable to stockholders of record immediately following the close of business on July 31, 2026 and will be paid on or about August 12, 2026. These distributions will be paid in cash or reinvested in shares of the Company’s common stock for stockholders participating in the Company’s distribution reinvestment plan.