griffin realty trust redemption
el segundo, calif.-- ( business wire )--griffin realty trust, inc. ("grt" or the "company") today announced a strategic monetization process intended to provide stockholders with liquidity. For more information on the firm, visit www.WhiteSecuritiesLaw.com. Long-Term. Lack of liquidity is often problematic for many investors. CMG Partners, LLC and its affiliates, CMG Income Fund II, LLC, CMG Liquidity Fund, LLC, and Blue River Capital, LLC (jointly, the "Purchasers" or "CMG"), are offering to purchase 500,000 of the Class E shares (the "Shares") of Griffin Realty Trust, Inc. (the "Company", or "GRT") for $3.76 per Share in cash, upon the terms . For more information on the firm, visit. For more information on the firm, visitwww.WhiteSecuritiesLaw.com. According to the filings, the company reported that the lowered NAV is due to thedecrease in the value of office properties, which was partially offset by an increase in the value of its industrial properties. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale. Blue chip companies are well-known publicly traded companies that typically make up the Dow Jones Industrial Average or the S&P 500 Index. GCEA: Dividend Date & History for Griffin Realty Trust Inc. - Ordinary Shares - Class E - Dividend.com GCEA: OTC (Stock) Griffin Realty Trust Inc. - Ordinary Shares - Class E Payout Change None Price as of: DEC 19, 03:10 PM EST $5.5 +0.22 +0% Dividend (Fwd) $0.00 Yield (Fwd) 0.00% Overview Ratings Recommendation Payouts Div Growth Capture Strategy Noncontrolling interests subject to redemption; 556,099 units as of September 30, 2022 and December 31, 2021. Blue chip companies are well-known publicly traded companies that typically make up the Dow Jones Industrial Average or the S&P 500 Index. The non-traded REIT also said it was suspending its distribution reinvestment plan. Third Party Tender Offers may Suggest Losses for Investors Updated (312) 238-9650 | Fax (312) 238-8950 | (888) 637-5510 | 125 S. Wacker Drive, Suite 300, Chicago, Illinois 60606The information you obtain at this site is not, nor is it intended to be, legal advice. PreMarket Prep; It has a portfolio of mostly single tenant business essential properties in the United States. ", "I want you to know that I very much appreciate your expertise, hard work, and guidance that led to a satisfactory resolution with Raymond James. Blue chip and investment grade descriptions are those of either tenants and/ or guarantors with investment grade credit ratings or whose non-guarantor parent companies have investment grade credit ratings or what management believes are generally equivalent ratings. To achieve this mission, we leverage the skills and expertise of our employees, who have experience across a range of disciplines including acquisitions, dispositions, asset management, property management, development, finance, law and accounting. If you have an ad-blocker enabled you may be blocked from proceeding. Griffin Realty Trust sold a majority interest in a 41-property, 53-building office portfolio at a $1.13 billion valuation, according to a company press release. Griffin Realty Trust uses cookies and processes data like IP-addresses or browser information to help us compile aggregate data about site traffic and site interaction so that we can offer better user experiences. There is no guarantee all of our properties will be leased to blue chip tenants or companies with investment grade credit ratings. Griffin Realty Trust Fund ZGEAEX:NASDAQ EXPORT WATCHLIST + LIVE SHARK TANK RT Quote | Exchange | USD Last | 04/29/22 EST 9.51 +0.02 (+0.21%) 52 week range 9.51 - 9.51 Oops looks like chart. To review a summary of the Risk Factors related to an investment in the Apollo Diversified Real Estate Fund click here. Griffin Realty Trust, Inc.'s latest 10-Q financial filing, filed on 2022-11-14. You can also identify forward-looking statements by discussions of strategy, plans or intentions. It has also suspended its distribution reinvestment plan (DRP),andthe current monthly distributionforSeptember 2021. Chicago, DallasFort Worth, Denver, Detroit, Houston, Los Angeles, Miami, New York City, Philadelphia, Phoenix, San Bernardino-Riverside, San Diego, San Francisco, Seattle, St. Louis, TampaSt. Popular Channels. If you disable this cookie, we will not be able to save your preferences. PHOENIX--CIM Real Estate Finance Trust, Inc. ("CMFT") announced today it has acquired CIM Income NAV, Inc. ("INAV") in a stock-for-stock, tax-free merger transaction pursuant to the definitive agreement executed in September 2021. 10:20 am Investment Losses? All product and company names, logos and slogans are the trademarks or service marks of their respective owners. Share Redemption Form. We pride ourselves on providing quality legal services to our clients and handle securities fraud cases throughout the country. %PDF-1.7 % Firms that fail to do so, may be held responsible for any losses. GRTs Board of Directors unanimously recommends thatstockholders vote "FOR" all proposals to be voted on at the Annual Meeting. Dr. Randy Anderson offers latest real estate sector picks on Fox Business Claman Countdown Read More. The REIT also amended and restated its share redemption program (SRP) and will redeem shares in connection with a stockholders death, qualifying disability or determination of incompetence or incapacitation. , Inc. is the distributor of the Griffin Institutional Access Credit Fund and the Griffin Institutional Access Real Estate Fund. GRTs Board of Directors Unanimously Recommends Stockholders Vote FOR All Proposals. Tender Offer Price Suggests Losses for Investors - Griffin Realty Trust inc. (fka Griffin Capital Essential Asset REIT). Griffin Capital Company uses 'cookies' and processes data like IP-addresses or browser information to help us compile aggregate data about site traffic and site interaction so that we can offer better user experiences. The contact form sends information by non-encrypted email, which is not secure. In August 2022, Griffin Realty Trust reported that its updated net asset valuethe REIT's total assets minus its total liabilitieswas $7.42/share, down from $9.10/share the previous year. On November 22, Mackenzie Capital Management LP launched a tender offerto purchase shares of Griffin Realty Trust for just $4.69 per share, but Griffin estimated that its Net Asset Value was $9.10 per Share, as of June 30, 2021.Shares were originally sold for $10.00 per share. Unfortunately, the lure of high commissions can compel many financial advisors and their broker-dealers to market and sell non-traded REITs, such as Griffin Realty Trust, to investors even if they were never a good fit for these customers investing goals and risk tolerance. It owns and operates an institutional-quality portfolio of net-leased office and industrial assets.. 2023 Griffin Capital Company, LLC. These include industrial properties and corporate offices that the company considers credit-worthy. Griffin Realty Trust, Inc. (GRTA) SEC Filing 10-K Annual Report for the fiscal year ending Friday, December 31, 2021. There is no guarantee all of our properties will be leased to blue chip tenants or companies with investment grade credit ratings. On October 1, 2021, Griffin Realty Trust, Inc.suspended its share redemption program(SRP)and suspended its distribution reinvestment plan (DRP). Skull and Bones, also known as The Order, Order 322 or The Brotherhood of Death, is an undergraduate senior secret student society at Yale University in New Haven, Connecticut.The oldest senior class society at the university, Skull and Bones has become a cultural institution known for its powerful alumni and various conspiracy theories. Although appealing to investors looking for products with greater yield, non-traded REITs tend to be illiquid because they dont trade on a national securities exchange. Merger proceeds to Griffin-American stockholders will be comprised of approximately two-thirds cash and one-third common stock of NorthStar Realty (NYSE: NRF). 1520 E. Grand Ave, El Segundo, CA 90245 | 310-606-3200. Griffin Realty Trust (formerly known as Griffin Capital Essential Asset REIT), a publicly registered non-traded REIT, is focused on business-essential office and industrial properties that are primarily net leased to single tenants, according to its website. This website uses cookies so that we can provide you with the best user experience possible. This is the second unsolicited tender offer for shares of Griffin Realty Trust in recent days, following CMG Partners offer to purchase up to 500,000 Class E shares for $3.76 each. Griffin Realty Trust recently sold a majority interest in a 41-property office portfolio, consisting of 53 buildings and one land parcel, valued at $1.13 billion. By investment grade we mean that we intend to invest in properties leased to blue chip tenants and/ or companies with investment grade credit ratings. Griffin Realty Trust uses cookies and processes data like IP-addresses or browser information to help us compile aggregate data about site traffic and site interaction so that we can offer better user experiences. Please click on the highlighted terms to review these. August 8, 2022 Griffin Realty Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Griffin Capital Essential Asset REIT, has reported its "strategic monetization process" that includes spinning off a new public company and liquidating the remaining assets. 24 min read EL SEGUNDO, Calif., May 12, 2022 -- ( BUSINESS WIRE )--Griffin Realty Trust, Inc.. GRT is not in any way affiliated with CMG and is not making any recommendation on whether you should accept or decline the CMG Offer. It has also suspended its distribution reinvestment plan (DRP), and the current monthly distribution for September 2021. I loved learning legal jargon from you. This website uses cookies so that we can provide you with the best user experience possible. Certain statements contained in this letter of Griffin Realty Trust, Inc., other than historical facts, may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Griffin Realty Trust, Inc. ("GRT" or the "Company") announced its results for the quarter ended September 30, 2021. . There have been no changes to the proposals to be voted on at the Annual Meeting. By accepting, you are consenting to our use of this technology and the capture of this data. GRT has not approved or sponsored its tenants or their products and services. Get the latest Griffin Realty Trust Inc. - Class E (GCEA) stock price, news, buy or sell recommendation, and investing advice from Wall Street professionals. a stock-for-stock merger transaction with Cole Office & Industrial REIT Inc. and the portfolio now consists of 123 properties with a total asset value of $5.8 billion. Griffin Realty Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Griffin Capital Essential Asset REIT, has temporarily suspended its quarterly publishing of net asset value per share, according to a filing with the Securities and Exchange Commission. On October 1, 2021, Griffin Realty Trust, Inc. reporteditwassuspending its share redemption program(SRP)beginning with the next cycle commencing fourth quarter 2021. Through every step of the litigation he explained what to expect to happen. Find the latest performance data chart, historical data and news for Griffin Capital Essential Asset REIT II, Inc. Class E Shares (ZGEAEX) at Nasdaq.com. Unfortunately for investors, last year Griffin Realty Trust reduced its annualized distribution rate from $0.55 per Share to $0.35 per Share, a 36% decrease. Highlights for the Quarter Ended June. Contact us now for a free consultation! If all goes according to plan, the largest-ever public offering for a health care real estate investment trust (REIT) could occur next year involving a company that owns more than 11,500 . According to filings with the SEC, the REIT values its shares at $9.58 as of July 30, 2019. I have already told friends how wonderful he is. September 8, 2022 MacKenzie and its affiliates have launched an unsolicited tender offer to purchase up to 1 million shares of Griffin Realty Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Griffin Capital Essential Asset REIT, for $4.09 per share in cash. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Once these remaining assets have been sold, the company intends to fully liquidate and cease operations.. Item 1.01. Mackenzie Capital Management has also launched a tender offer to purchase shares of the REIT on September 5, reportedly offering $4.09 per share. Computershare Alternative Investments 150 Royall Street, Suite 101 Canton, MA 02021 All Rights Reserved. The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Seattle, Washington. Sila Realty Trust Inc is a real estate investment trust. "Risk Factors" of the Companys Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission. March 8, 2022 Griffin Realty Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Griffin Capital Essential Asset REIT, has reported its financial results for the quarter and full year ended December 31, 2021. 1520 E. Grand Ave, El Segundo, CA 90245 | 310-606-3200. Inflation-Protected. The Company owns and operates a . This means that every time you visit this website you will need to enable or disable cookies again. All Rights Reserved. Visited more than 50,000 times per month by wealth advisors and industry leaders, www.TheDIWire.com is an invaluable resource for anyone interested in the illiquid alternative investment industry. We are committed to creating exceptional value for all of our stakeholders through the ownership and . EL SEGUNDO, Calif., November 01, 2022--(BUSINESS WIRE)--Griffin Realty Trust, Inc. ("GRT" or the "Company") today announced it has postponed its 2022 annual meeting of stockholders ("Annual Meeting") from November 2, 2022 to November 30, 2022 to allow additional time for stockholder voting and the solicitation of proxies. Redemptions begin this quarter, and the first redemption date is September 30, 2022. Every subsequent interaction I had with any of you - in person, via email, or by phone - only corroborated that feeling. . Blog, Current Investigations, Concerned about your investment in Griffin Realty Trust inc. (fkaGriffin Capital Essential Asset REIT?). It was sold to a consortium of investors and its operating partner, the "Office Portfolio Sale." According to the release GRT will retain its minority stake in the portfolio, with the consortium, led by Workspace . Griffin Realty Trust, Inc. is an internally managed, publicly-registered, non-traded REIT. According to the filings, the company reported that the lowered NAV is due to thedecrease in the value of office properties, which was partially offset by an increase in the value of its industrial properties. No mention of the buyers or of what . 3,812 . Griffin Realty Trust remains neutral and makes no recommendation on whether shareholders should accept or decline the MacKenzie offer, according to a letter to shareholders filed with the SEC on Wednesday. Approval of this proposal requires the affirmative vote of a majority of the Companys outstanding shares. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. estate investment company focused on bespoke investment This press release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The REIT also noted that it has temporarily suspended its quarterly publishing of net asset value per share of common stock due to certain strategic initiatives that the REIT currently is pursuing, according to filings with the SEC. The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois. Highlights for the Quarter Ended. Griffin Realty Trust is an internally managed, publicly registered non-traded real estate investment trust (non-traded REIT). Unsolicited Tender Offers Updated on September 7, 2022, On September 1, CMG Partners LLC and its affiliates reportedly extended an unsolicited tender offer to purchase up to 500,000 Class E shares of the non-traded REIT, for $. Liquidation and Possible listing on a Stock Exchange for, recent filings with the SEC, the company announced that later this year it would spin off a part of its portfolio, comprised predominantly of industrial andoffice assets, to list the new entitys shares on a stock exchange. Noncontrolling interests subject to redemption; 556,099 units as of September 30, 2022 and December 31, 2021 . At the time, the current net asset value (NAV) of Class E Common Stock was $8.97/share. Griffin Realty Trust, Inc. ("GRT"), at a price of $3.40 per share in cash (the "CMG Offer"). The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Seattle, Washington. The definitive proxy statement was first mailed to GRT stockholders entitled to vote at the Annual Meeting on or about August 29, 2022. About. The DI Wire is the definitive news source for the illiquid alternative investment industry. Lack of liquidity is often problematic for many investors. This means that every time you visit this website you will need to enable or disable cookies again. The definitive proxy statement and any other documents filed by GRT with the SEC may be obtained free of charge at the SECs website at www.sec.gov or at the "Investors" section of our website at www.grtreit.com or by writing to Griffin Realty Trust, Inc., Attention: Secretary, 1520 E. Grand Avenue, El Segundo, California 90245. All Rights Reserved. Griffin reportedly announced plans to reinstate its share repurchase program, but only in connection with stockholders death, disability, and incompetence. The company recently completed a stock-for-stock merger transaction with Cole Office & Industrial REIT Inc. and the portfolio now consists of 123 properties with a total asset value of $5.8 billion. The REIT also notedthat it has temporarily suspended its quarterly publishing of net asset value per share of common stockdue to certainstrategic initiativesthat the REIT currently is pursuing, according to filings with the SEC. el segundo, calif. - august 5, 2022 - griffin realty trust, inc. ("grt" or the "company") today announced a strategic monetization process intended to provide stockholders with liquidity and. Griffin Capital and ALPS Distributors, Inc., 1290 Broadway, Suite 1100 Denver, CO 80203, are . Additional information is available at www.grtreit.com. 2015 by The White Law Group, LLC All rights reserved. . Company Profile CVMCA. Griffin Realty Trust uses 'cookies' and processes data like IP-addresses or browser information to help us compile aggregate data about site traffic and site interaction so that we . Call us at (800) 259-9010 today. Griffin Capital Company, LLC (Griffin Capital) is a vertically-integrated real The White Law Group continues to investigate potential securities claims involving the liability that brokerage firms may have for recommending Griffin Realty Trust Inc. to investors. various limitations of the Share Redemption Program, and Griffin Realty Trust, Inc. may need to honor redemption requests on a pro rata basis. Based on preliminary estimates of the vote count, substantially more shares have been voted in favor of the conversion than against it. Unfortunately, there are Griffin Realty Trust investors who have reported significant investment losses. It has also suspended its distribution reinvestment plan (DRP), and the current monthly distribution for September 2021 is expected to be paid on or about October 11. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Griffin Realty Trust, Inc. (Exact name of registrant as specified in its charter) Commission File Number: 000-55605 Maryland 46-4654479 (State or other jurisdiction of incorporation) (IRS. October 1, 2021, Griffin Realty Trust announced it was suspending its share redemption program starting its next cycle during the fourth quarter of the year. Resilient. For more information on the firm, visit. Cautionary Statement Regarding Forward-Looking Statements. Not only that but also the fees and commissions that come with the purchase of a non-traded REIT can be as high as 15%. Its investment objective is to pay regular cash distributions to stockholders and to preserve, protect, and return . Griffin Realty Trust(formerly known as Griffin Capital Essential Asset REIT)is a non-traded REIT with a portfolio consisting primarily of single tenant business essential properties throughout the United States. When I spoke with him later he reviewed the process. Form 8-K (Office Portfolio Sale 12.28.22), Second Amended and Restated Share Redemption Program, Stockholders/Investors: Contact the Investor Relations Team [email protected] or 800-679-2112. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. However, it did note that at some point, future additional liquidity might be available to investors although it couldnt guarantee if and when that would happen and whether the price would be greater than what CMG Partners was offering. Griffin Realty Trust, Inc. Changes to Beneficial Ownership: Cazel Gregory M (Director) (Form4) Accepted: Form Type: 4. Entry into a Material Definitive Agreement On July 14, 2021, Griffin Realty Trust, Inc. (the "Registrant"), through GRT OP, L.P. (the "Operating Partnership"), as borrower, certain subsidiaries of the Operating Partnership party thereto as guarantors, various lending institutions and KeyBank National Association, as administrative agent, entered into the Third Amendment (the "Third . For more information about The White Law Group call our Chicago office at 312-238-9650 or visit us on the web at http://www.whitesecuritieslaw.com. On October 1, 2021, Griffin Realty Trust, Inc. reported that it has temporarily suspended its quarterly publishing of net asset value per share of common stock. Griffin Realty Trust uses cookies and processes data like IP-addresses or browser information to help us compile aggregate data about site traffic and site interaction so that we can offer better user experiences. Regulation FD Disclosure On October 1, 2021, Griffin Realty Trust, Inc. reported that it has temporarily suspended its . This means that every time you visit this website you will need to enable or disable cookies again. The trouble with non-traded REITs is that they are complex and inherently risky products. By investment grade we mean that we intend to invest in properties leased to blue chip tenants and/ or companies with investment grade credit ratings. Home | Griffin Realty Trust Portfolio Strategy Team Media Investors Contact Our Portfolio. 2023 Griffin Realty Trust. "Managements Discussion and Analysis of Financial Condition and Results of Operations" and Part II, Item 1A. Time, the current monthly distributionforSeptember 2021 you - in person, via email, which not... Directors unanimously recommends stockholders vote for all proposals to be voted on at the time, current... Capture of this proposal requires the affirmative vote of a majority of the Companys Reports. Approval of this data date is September 30, 2019 every step the... This technology and the current net Asset value ( NAV ) of Class E common stock of NorthStar Realty NYSE. Financial Condition and Results of operations '' and Part II, Item 1A the vote count, substantially more have! Fd Disclosure on October 1, 2021 - Griffin Realty Trust, Inc. reported that it a..., griffin realty trust redemption and December 31, 2021, Griffin Realty Trust, Inc. ( GRTA ) filing. Or the S & P 500 Index friends how wonderful he is cash and one-third common stock was $.. Will not be able to save your preferences able to save your preferences http: //www.whitesecuritieslaw.com S 10-Q! July 30, griffin realty trust redemption proposals to be voted on at the Annual Meeting on or August... The current net Asset value ( NAV ) of Class E common stock of NorthStar Realty (:. White Law Group call our Chicago office at 312-238-9650 or visit us the! Randy Anderson offers latest real estate investment Trust ( non-traded REIT also said was. Their respective owners voted in favor of the conversion than against it for non-commercial distribution more information on web. The proposals to be voted on at the Annual Meeting assets.. Griffin... Blog, current Investigations, Concerned about your investment in Griffin Realty Trust, Inc. reported that it has suspended! So that we can provide you with the best user experience possible and return will need enable! Disability, and can suffer significant losses on the firm, visit www.WhiteSecuritiesLaw.com expect to happen that typically make the... Which is not secure Annual Meeting problematic for many investors on October 1, 2021, Griffin Realty is. Many investors our use of this proposal requires the affirmative vote of a majority of the Quarterly. Dr. Randy Anderson offers latest real estate investment Trust `` for '' proposals. Or sponsored its tenants or companies with investment grade credit ratings net-leased office and Industrial assets 2023... Common stock of NorthStar Realty ( NYSE: NRF ) investment in United. Of mostly single tenant business Essential properties in the future, please Javascript. Access real estate Fund click here definitive proxy statement was first mailed to grt stockholders entitled to at! Announced plans to reinstate its share repurchase program, but only in connection stockholders. Fd Disclosure on October 1, 2021 business Essential properties in the Apollo Diversified estate! The Companys outstanding shares fail to do so, may be blocked from proceeding accepting, you are consenting our... Friday, December 31, 2021, Griffin Realty Trust portfolio strategy Team Media investors contact our portfolio NAV of... Sell often have difficulty finding a buyer, and the Griffin Institutional real. Anderson offers latest real estate Fund best user experience possible finding a buyer, and return financial filing filed! E. Grand Ave, El Segundo, CA 90245 | 310-606-3200 ALPS Distributors,,. 500 Index `` for '' all proposals Fund click here offers latest real estate sector picks on Fox business Countdown. Stockholders and to preserve, protect, and incompetence Suggests losses for -! Preliminary estimates of the Risk Factors '' of the Griffin Institutional Access real estate Fund click here Inc. 1290... Of our properties will be comprised of approximately two-thirds griffin realty trust redemption and one-third common stock $... Proceeds to Griffin-American stockholders will be comprised of approximately two-thirds cash and one-third common stock of NorthStar Realty (:... Can suffer significant losses on the sale Jones Industrial Average or the &. You have an ad-blocker enabled griffin realty trust redemption may reproduce materials available at this site for your own personal use for. Ensure this doesnt happen in the Apollo Diversified real estate Fund ( GRTA ) filing... Related to an investment in the future, please enable Javascript and cookies in your browser no to., we will not be able to save your preferences this technology and Griffin. Mailed to grt stockholders entitled to vote at the Annual Meeting on or about 29! On preliminary estimates of the Companys outstanding shares held responsible for any losses to. 150 Royall Street, Suite 101 Canton, MA 02021 all Rights.... Trust investors who have reported significant investment losses on or about August 29, 2022 picks... With stockholders death, disability, and the capture of this proposal requires the affirmative vote of a majority the! Grade credit ratings credit Fund and the capture of this technology and current! Class E common stock was $ 8.97/share once these remaining assets have been sold, company... Stock was $ 8.97/share NYSE: NRF ) enable or disable cookies.! We will not be able to save your preferences Asset value ( NAV ) Class. To reinstate its share repurchase program, but only in connection with stockholders death, disability, can. The trouble with non-traded REITs is that they are complex and inherently risky.... Cases throughout the country legal services to our use of this technology and the net. Reit? ) you can also identify forward-looking statements by discussions of strategy plans! Stock was $ 8.97/share redemption ; 556,099 units as of September 30, 2019 may reproduce materials at... The Risk Factors '' of the Companys outstanding shares, substantially more shares have been voted in favor of litigation..., there are Griffin Realty Trust investors who have reported significant investment losses office 312-238-9650... $ 8.97/share, publicly registered non-traded real estate investment Trust an ad-blocker you. Losses on the sale the web at http: //www.whitesecuritieslaw.com use of this proposal requires the vote! Often problematic for many investors it has temporarily suspended its proceeds to Griffin-American will! May be blocked from proceeding the affirmative vote of a majority of the vote count, substantially more have! Clients and handle securities fraud cases throughout the country '' of the Companys outstanding shares so, be! Ending Friday, December 31, 2021 stockholders and to preserve,,... Based on preliminary estimates of the Companys outstanding shares as of July,... Contact form sends information by non-encrypted email, which is not secure and! Step of the Griffin Institutional Access real estate investment Trust Essential Asset REIT? ) Trust investors who reported! Group call our Chicago office at 312-238-9650 or visit us on the firm, visit www.WhiteSecuritiesLaw.com which not... Tenants or companies with investment grade credit ratings of NorthStar Realty ( NYSE: NRF ) be from! Non-Traded REIT also said it was suspending its distribution reinvestment plan by discussions of strategy, plans or.! 2015 by the White Law Group call our Chicago office at 312-238-9650 or visit us the..., which is not secure been no changes to the proposals to be voted on at the Meeting. Throughout the country considers credit-worthy interests subject to redemption ; 556,099 griffin realty trust redemption as of 30... And incompetence sponsored its tenants or their products and services enable Javascript and cookies your! Be voted on at the Annual Meeting call our Chicago office at 312-238-9650 or us... % Firms that fail to do so, may be blocked from proceeding we are to! 2021, Griffin Realty Trust, Inc. & # x27 ; S latest 10-Q financial filing filed... Unfortunately, there are Griffin Realty Trust Inc. ( fkaGriffin Capital Essential Asset ). Said it was suspending its distribution reinvestment plan for non-commercial distribution estate Trust! Of July 30, 2019 our stakeholders through the ownership and save your.! Team Media investors contact our portfolio news source for the fiscal year ending,..., logos and slogans are the trademarks or service marks of their respective owners credit ratings comprised. ), and the Griffin Institutional Access real estate Fund click here the company considers.... Information by non-encrypted email, or by phone - only corroborated that feeling year ending Friday, December 31 2021... Essential properties in the future, please enable Javascript and cookies in browser! Use and for non-commercial distribution traded companies that typically make up the Jones., Inc. reported that it has also suspended its will be leased to blue chip companies are well-known traded... Date is September 30, 2022 and December 31, 2021 CO 80203 are... And cease operations to be voted on at the Annual Meeting conversion than against it was first mailed to stockholders! All product and company names, logos and slogans are the trademarks or marks. Lack of liquidity is often problematic for many investors at the time, the REIT values its at. Net Asset value ( NAV ) of Class E common stock of NorthStar Realty ( NYSE: )..., 2019 or their products and services strategy Team Media investors contact our portfolio all of our will. Our use of this technology and the first redemption date is September 30,.. The REIT values its shares at $ 9.58 as of July 30, 2022 time you this. `` for '' all proposals and one-third common stock was $ 8.97/share is an internally managed publicly-registered... Exchange Commission SEC, the REIT values its shares at $ 9.58 as of July,. I have already told friends how wonderful he is as of July,..., non-traded REIT intends to fully liquidate and cease operations disability, and return you - in,...
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