StratCap Digital Infrastructure REIT Ends Strategic Review Without Pursuing a Sale

Asset sales and possible special distributions or other capital returns remain on the table, while the REIT stays closed to new investors and redemptions stay suspended.

September 25, 2026

StratCap Digital Infrastructure REIT‘s board has concluded its strategic alternatives review and decided not to pursue a sale of the company at this time, according to materials sent to financial professionals alongside the non-traded REIT’s 2026 annual meeting proxy.

The decision closes one avenue without settling the vehicle’s direction. The board said it will continue to evaluate other alternatives, including:

• potential asset sales;
• other strategic transactions;
• possible special distributions or other returns of capital.

The board stressed that it has not decided to pursue any particular option. The REIT described its primary objective as maximizing stockholder value while managing its liabilities, capital structure and liquidity. The update did not set a timetable for any further decision.

Five Months Under Review

The board authorized the review on April 28, 2026. It directed the company to engage an independent financial advisor to weigh options ranging from a sale of the company or its assets, a merger or recapitalization, and an orderly liquidation to continuing the existing business plan. Alongside that step, the REIT terminated its public offering and distribution reinvestment plan, stopped declaring regular distributions and partially suspended its share repurchase program.

The latest communication confirms that the REIT remains closed to new investors and that its share repurchase program remains suspended. As of June 30, 2026, the portfolio consisted of two data centers leased to three tenants and a 51% interest in a joint venture holding 150 towers. That mix followed the December 2025 sale of 48 wireless towers.

The outcome also follows a summer leadership change. James A. Condon resigned as chairman and president and was succeeded by Adam Baxter, a managing director at sponsor parent HMC Capital.

Annual Meeting Set for November

Stockholders of record as of September 22, 2026, are being asked to vote at the annual meeting on November 13, 2026, in New York. The agenda covers:

• the election of eight directors to serve until the 2027 annual meeting and until their successors are elected and qualify;
• ratification of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026;
• any other business properly brought before the meeting.

StratCap Securities urged advisors to encourage clients holding the REIT to vote by phone, internet or in person, noting that reaching quorum is essential for the meeting to proceed. Investors who have consented to electronic delivery will receive the stockholder letter and proxy statement by email, and others will receive hard copies. The vote applies only to stockholders of the REIT, not to unitholders of its operating partnership.