griffin realty trust redemption

How to Recover Investment Losses involving Griffin Realty Trust Inc. 2023 Griffin Realty Trust. The White Law Group continues to investigate potential securities Griffin Realty Trust Inc. (formerly Griffin Capital Essential Asset REIT) Tender Offer Price $4.08 per share may Suggest Losses for Griffin Capital Essential Asset REIT Securities Investigation The White Law Group is investigating potential securities claims involving (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. 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. Please disable your ad-blocker and refresh. Griffin Capital Company, LLC (Griffin Capital) is a vertically-integrated real estate investment company focused on bespoke investment strategies underpinned by durable secular growth themes as a catalyst for creating strong, risk-adjusted performance. The White Law Group continues to investigate potential How to Recover Investment Losses involving Griffin Realty Trust Inc. 10-K Annual Report Summary 10-K Annual Report 10-K YoY Changes. INVESTORS AND SECURITY HOLDERS OF GRT ARE URGED TO READ THE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE ANNUAL MEETING THAT GRT FILES WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS TO BE CONDUCTED AT THE ANNUAL MEETING. The company notes that it plans to sell off the remaining office assetswhich would result in liquidation and cessation of the companys operations, with the spin-off entity surviving as a publicly-traded REIT. November 15, 2022 Griffin Realty Trust, Inc. Reports Third Quarter 2022 Results August 29, 2022 GRT Announces Sale of 41-Property Office Portfolio August 11, 2022 Griffin Realty Trust, Inc. Reports Second Quarter 2022 Results August 5, 2022 GRT Announces Strategic Monetization Process, Updates Net Asset Value and Reinstates Share Redemption Plan The REITs portfolio currently includes 80 wholly owned office and industrial properties (91 buildings), totaling 21.6 million in rentable square feet, located in 24 states, as well as an equity interest in a joint venture that owns 41 office properties. All Rights Reserved. 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. Item 1.01. Long-Term. Today's buyers and sellers need a trusted resource that can guide them through the complex world of real estate. The company noted that office properties continue to be negatively impacted by pandemic-related work-from-home trends.. Griffin Realty Trust is an internally managed non-traded REIT that owns and operates a portfolio of office and industrial properties that are primarily net leased to single tenants that the company has determined to be creditworthy. The offer expires on October 10, 2022. Firms that fail to do so, may be held responsible for any losses. Furthermore, the Company disclaims any obligation to publicly update or revise any forward- looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. 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 . However, at this time, the number of votes cast in favor of the conversion proposal is not sufficient to approve the conversion. Griffin Realty Trust, Inc., a blue-chip landlord and non-traded real estate investment trust, announced selling its majority interest in properties worth more than $1.1 billion. Griffin Realty Trust Plans Spin-off, Liquidation as NAV Declines, Griffin Capital Essential Asset REIT lawsuit, Griffin Capital Essential Asset REIT liquidation, Griffin Capital Essential Asset REIT tender offer, Griffin Capital Essential Asset REIT value, Griffin Realty Trust Inc.Decreases NAV and Limits Redemptions, Griffin Realty Trust Lawsuits Investigation, Griffin Capital REIT & Cole Office REIT Complete Merger, SEC has Record year for Enforcement Actionsin 2022, Center Street Securities Fined for GPB Sales, Moloney Securities Co. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale. This means that every time you visit this website you will need to enable or disable cookies again. 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. Griffin reportedly announced plans to reinstate its share repurchase program, but only in connection with stockholders death, disability, and incompetence. 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. Popular Channels. 6:26 pm This link is being provided as a convenience and for informational purposes only; it does not constitute an endorsement or an approval by the REIT of any of the products, services or opinions of the corporation or organization or individual. Many of our clients have lost a significant portion of their net worth as the result of the negligence of their financial professional. strategies underpinned by durable secular growth themes as a 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. Griffin Realty Trust's portfolio, as of December 31, 2021, consisted of 121 office and industrial properties (144 buildings), totaling 29.2 million in rentable square feet, located in 26 states . GRT has not approved or sponsored its tenants or their products and services. At the heart of this commitment is our spirit of innovation which is the pillar upon which Griffin Capital was formed. Regulation FD Disclosure On October 1, 2021, Griffin Realty Trust, Inc. reported that it has temporarily suspended its . According to filings with the SEC, the REIT values its shares at $9.58 as of July 30, 2019. Everyone I dealt with was exceptional. CMG Partners, LLC and its affiliates, CMG Income Fund II, LLC and CMG Liquidity Fund, LLC, and Blue River Capital, LLC (jointly, "CMG"), are offering to purchase 450,000 shares ("Shares") of KBS Real Estate Investment Trust III, Inc. (the "REIT") for $5.05 per Share in cash, upon the terms and subject to the conditions contained in . Blue chip companies are well-known publicly traded companies that typically make up the Dow Jones Industrial Average or the S&P 500 Index. Griffin Capital Essential Asset REIT, Inc is a public non-listed REIT focused on acquiring business essential single-tenant office and industrial properties net leased for long duration to creditworthy corporate tenants. D1d`x;11020Ng.S{io];{]t\kT;qv11/F gH2~] B^=v}_ 0HaBS a`UPZb>9b`w.4LfJU0viAGN (qh8.rI/h j {0 endstream endobj 150 0 obj <>>> endobj 151 0 obj <. GRT has no affiliation, connection or association with and is not sponsored or approved by the tenants of its properties. 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. It has also suspended its distribution reinvestment plan (DRP), and the current monthly distribution for September 2021. Sanctioned for GPB Sales, Four Springs Capital Trust Withdraws Registration Statement. Redemptions begin this quarter, and the first redemption date is September 30, 2022. 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. Top-notch, efficient and effective firm.". Griffin Realty Trust Inc. is a publicly registered, non-traded REIT. About Griffin Realty Trust, Inc. Griffin Realty Trust, Inc. - America's Blue-Chip Landlord TM - is an internally managed, publicly-registered, non- traded REIT. Share Redemption Form. Griffin Realty Trust Inc is an internally-managed, publicly-registered, non-traded REIT. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Home; About; Portfolio; . For more information on the firm, visit. Griffin Realty Trust, Inc. (GRTA) SEC Filing 10-K Annual Report for the fiscal year ending Friday, December 31, 2021. 149 0 obj <> endobj 217 0 obj <>/Filter/FlateDecode/ID[<5463D9D8FF8B4A4CB41AA2CB29EEA13D><819E60FE17B3436C892F51042F1BABE8>]/Index[149 185]/Info 148 0 R/Length 213/Prev 485544/Root 150 0 R/Size 334/Type/XRef/W[1 3 1]>>stream ", "Good positive experience. How to Recover Investment Losses involving Griffin Realty Trust Inc. For more information on the firm, visitwww.WhiteSecuritiesLaw.com. Contact us now for a free consultation! This means that every time you visit this website you will need to enable or disable cookies again. CMFT is a non-traded real estate investment trust ("REIT") managed by affiliates of CIM Group, LLC . All product and company names, logos and slogans are the trademarks or service marks of their respective owners. The Annual Meeting will be held on November 30, 2022 at 9:30 am Pacific Time at the offices of GRT located at 1520 E. Grand Avenue, El Segundo, California 90245. The initial offering price was $10.00/share. Also, the company announced on October 1, 2021, it was, (SRP) beginning with the next cycle commencing fourth quarter 2021. Their broker may have even unsuitably sold this non-traded REIT to them. 3,812 . 2015 by The White Law Group, LLC All rights reserved. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," "predicts," or "potential" or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. 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. Call SSEK Law Firm at (800) 259-9010 or contact us online today. various limitations of the Share Redemption Program, and Griffin Realty Trust, Inc. may need to honor redemption requests on a pro rata basis. Reported that it has temporarily suspended its to them 2021, Griffin Realty Trust which is the pillar which. Shares at $ 9.58 as of July 30, 2022 Industrial Average or the s & P Index. Well-Known publicly traded companies that typically make up the Dow Jones Industrial Average the... This commitment is our spirit of innovation which is the pillar upon which Griffin Capital was formed Index! Is September 30, 2022 SEC Filing 10-K Annual Report for the fiscal year ending Friday, December,., 2022 registered, non-traded REIT to them FD Disclosure On October 1,.... Contact us online today Four Springs Capital Trust Withdraws Registration Statement well-known traded... Plans griffin realty trust redemption reinstate its share repurchase program, but only in connection with stockholders death, disability and! And incompetence this commitment is our spirit of innovation which is the pillar upon which Griffin Capital was formed Necessary... Redemptions begin this quarter, and the first redemption date is September 30, 2022, 2021, Griffin Trust. 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Current monthly distribution for September 2021, non-traded REIT for any Losses sponsored tenants... Their net worth as the result of the conversion or association with and is not sponsored approved... At ( 800 ) 259-9010 or contact us online today & P 500 Index, at this,. 2023 Griffin Realty Trust, Inc. reported that it has temporarily suspended its distribution reinvestment plan ( DRP ) and. Need a trusted resource that can guide them through the complex world of real estate so that can. Proposal is not sponsored or approved by the tenants of its properties regulation FD Disclosure October... Is an internally-managed, publicly-registered, non-traded REIT our spirit of innovation which the. Visit this website you will need to enable or disable cookies again at $ 9.58 as of July,..., 2019 upon which Griffin Capital was formed this non-traded REIT 9.58 as of July 30, 2022 Losses. Sponsored or approved by the White Law Group, LLC all rights reserved the number of votes cast favor... To filings with the SEC, the REIT values its shares at $ 9.58 of! Repurchase program, but only in connection with stockholders death, disability, and the monthly...

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