griffin realty trust redemption

Creditworthy. You can also identify forward-looking statements by discussions of strategy, plans or intentions. Guided us through a difficult process and was pleased with the outcome. According to 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. On October 1, 2021, Griffin Realty Trust, Inc. reported it is suspending its share redemption program . ", "Good intelligent attorneys who never miss a beat. It has also suspended its distribution reinvestment plan (DRP), and the current monthly distribution for September 2021. 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. Long-Term. GRT has not approved or sponsored its tenants or their products and services. 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. At the time, the current net asset value (NAV) of Class E Common Stock was $8.97/share. According to a report by The DI Wire, the company attributed that decline to declining office property values, noting that on the other hand its . Our Capabilities GRIFFIN CAPITAL BY THE NUMBERS $ 22 B Owned/Managed/ Sponsored/Co-Sponsored Today's buyers and sellers need a trusted resource that can guide them through the complex world of real estate. Formerly called Griffin Capital Essential Asset REIT, this non-traded REIT was rebranded as Griffin Realty Trust in July 2021. Written by WP Help September 2, 2022 GRT has not approved or sponsored its tenants or their products and services. 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. 2015 by The White Law Group, LLC All rights reserved. EL SEGUNDO, Calif.-- ( BUSINESS WIRE )--Griffin Capital Essential Asset REIT, Inc. (the " Company "), a fully-integrated and internally-managed net lease REIT, today announced a corporate. 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. . 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. For almost three decades, Griffin Capital has been committed to providing investors with compelling real estate solutions to meet their financial needs. 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. This means that every time you visit this website you will need to enable or disable cookies again. 2015 by The White Law Group, LLC All rights reserved. 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. Item 1.01. Home; About; Portfolio; . The forward-looking statements speak only as of the date of this press release. Regulation FD Disclosure On October 1, 2021, Griffin Realty Trust, Inc. reported that it has temporarily suspended its . 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. All copies must include this copyright statement. Popular Channels. How to Recover Investment Losses involving Griffin Realty Trust Inc. "From . MacKenzie and its affiliates have launched an unsolicited tender offer to purchase shares of Griffin Realty Trust Inc. 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. Blue chip companies are well-known publicly traded companies that typically make up the Dow Jones Industrial Average or the S&P 500 Index. For more information on the firm, visit. We are committed to creating exceptional value for all of our stakeholders through the ownership and . The remaining portfolio, comprised primarily of office assets, will be sold over time, with the net proceeds distributed to stockholders. It has a portfolio of mostly single tenant business essential properties in the United States. 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. Griffin Realty Trust, Inc. is an internally managed, publicly-registered, non-traded REIT. EL SEGUNDO, Calif.-- ( BUSINESS WIRE )--Griffin Realty Trust, Inc. ("GRT" or the "Company") announced its results for the quarter ended September 30, 2021. Cautionary Statement Regarding Forward-Looking Statements. How to Recover Investment Losses involving Griffin Realty Trust Inc. The Company owns and operates a geographically diversified portfolio of strategically located, high-quality, corporate office and industrial properties that are primarily net leased to single tenants that the Company has determined to be creditworthy. You are now leaving the Sila Realty Trust, Inc. (the "REIT") Website. By accepting, you are consenting to our use of this technology and the capture of this data. Lack of liquidity is often problematic for many investors. "Managements Discussion and Analysis of Financial Condition and Results of Operations" and Part II, Item 1A. The non-traded REIT also said it was suspending its distribution reinvestment plan. Sila Realty Trust Inc is a real estate investment trust. It owns and operates an institutional-quality portfolio of net-leased office and industrial assets.. When I spoke with him later he reviewed the process. The CMG offer price of $3.76 per share is approximately 49 percent less than the most recently, published NAV for Class E shares of $7.43, Mackenzie Capital Management has also launched a tender offer to purchase shares of the REIT on September 5, reportedly offering, The Boardhas previously notedthatit is possible that in the future additional liquidity will be made available to you, though we can make no assurances as to whether that will happen, or the timing or terms of any such liquidity and whether any such liquidity will be available at a price in excess of the CMG Offer price., 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. Item 7.01. The Board of Directors of the REIT authorized the suspension in light of certain strategic initiatives that the REIT currently is pursuing. Griffin Realty Trust, Inc.'s latest 10-Q financial filing, filed on 2022-11-14. On October 1, 2021, Griffin Realty Trust, Inc.suspended its share redemption program(SRP)and suspended its distribution reinvestment plan (DRP). This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Toggle navigation. In filings with the Securities and Exchange Commission (SEC), Griffin Realty Trust said it was suspending publishing its NAV per share of common stock every quarter because of strategic initiatives.. 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. He was very patient, and I never felt rushed. 10:20 am It owns and operates an institutional-quality portfolio of net-leased office and industrial assets.. Also, the company announced on October 1, 2021, it was suspending its share redemption program (SRP) beginning with the next cycle commencing fourth quarter 2021. 10-K Annual Report Summary 10-K Annual Report 10-K YoY Changes. I have already told friends how wonderful he is. Also, the company announced on October 1, 2021, it was, (SRP) beginning with the next cycle commencing fourth quarter 2021. However, at this time, the number of votes cast in favor of the conversion proposal is not sufficient to approve the conversion. The Company owns and operates a . hbbd```b``+A$p ,!!H6~$H"$FHS/:q/``0 bvXd!XDL^:`` L\0LGlW v[l} B qW>]H Y7m9L`rYf20c_Qr&)3&&g`> W2 endstream endobj startxref 0 %%EOF 333 0 obj <>stream Griffin Realty Trust makes no recommendation on whether shareholders should accept or decline the CMG offer, according to a letter to shareholders filed with the SEC on Friday. 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. Financial Advisors: Contact the GRT Advisor Services Team advisorservices@grtreit.com. 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. Call SSEK Law Firm at (800) 259-9010 or contact us online today. 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. Griffin Capital has owned, managed, sponsored or co-sponsored investment programs encompassing over $20 billion in assets. 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. Vornado Realty Trust and Rudin Management have reached a deal with Griffin's Citadel that allows the developers to construct a 1.7-million-square-foot Midtown East tower for the buildings at 350 Park Avenue and 40 East 52nd Street, to . Inflation-Protected. Griffin Capital Essential Asset REIT, Inc. - Regulation FD Disclosure, Entry into a Material Definitive Agreement, Financial Statements and Exhibits, Other Events - FORM 8-K - 8-K - February 15, 2013 Form 8-K (Office Portfolio Sale 12.28.22), Second Amended and Restated Share Redemption Program, Stockholders/Investors: Contact the Investor Relations Team investorservices@grtreit.com or 800-679-2112. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. View source version on businesswire.com: https://www.businesswire.com/news/home/20221101006048/en/, Joele Frank, Wilkinson Brimmer KatcherMeaghan Repko / Kara Sperry212.355.4449, https://www.businesswire.com/news/home/20221101006048/en/. The Boardhas previously notedthatit is possible that in the future additional liquidity will be made available to you, though we can make no assurances as to whether that will happen, or the timing or terms of any such liquidity and whether any such liquidity will be available at a price in excess of the CMG Offer price. To learn more, see: Griffin Realty Trust Plans Spin-off, Liquidation as NAV Declines. This comes after the companycompleteda stock-for-stock merger transaction with Cole Office & Industrial REIT Inc. Written by The White Law Group October 6, 2021 These include industrial properties and corporate offices that the company considers credit-worthy. Share Redemption Form Instructions. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. There is no guarantee all of our properties will be leased to blue chip tenants or companies with investment grade credit ratings. All Rights Reserved. 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. Griffin Realty Trust, Inc. ("GRT"), at a price of $3.40 per share in cash (the "CMG Offer"). You should consult an attorney for individual advice regarding your own situation. Firms that fail to do so, may be held responsible for any losses. The distribution for September 2021 was to be paid by around October 11, 2021. Submitting a contact form, sending a text message, making a phone call, or leaving a voicemail does not create an attorney-client relationship. 2023 Griffin Realty Trust. GRT has no affiliation, connection or association with and is not sponsored or approved by the tenants of its properties. 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. 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. ", "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. View All Net Leased. No mention of the buyers or of what . What great work you do on behalf of people like me who have been wronged, yet don't know how to navigate the appeals/mediation/arbitration process as you do. 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. The offer expires on October 10, 2022. The company's senior executives and employees have co-invested over $300 million in its various investment verticals, aligning Griffin's interest with those of its more than 200,000 investors. The move was part of the REITs strategic monetization process that was announced in early August, which will involve a separation of the REIT by spinning off a new public company that will own a portfolio of primarily industrial assets, as well as certain office assets, and listing that companys shares on a national exchange. These include industrial properties and corporate offices that the company considers credit-worthy. Griffin Realty Trust, which recently finalized a stock-for-stock merger transaction with Cole Office & Industrial REIT Inc., now has more than 120 properties with a $5.8B total asset valuation. . 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 . 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. MacKenzie Launches Unsolicited Tender Offer for Griffin Realty Trust Shares, Click here to subscribe to our Daily News Updates, Greenbacker Renewable Energy Company Increases Monthly Share Value, Blackstone Private Credit Fund Increases Regular Monthly Distribution, Bluerock Raises Record $4 Billion of Investor Capital in 2022, MacKenzie Realty Capital Increases Quarterly Dividend Again, Cerity Completes Third RIA Acquisition in January, Adding $8.6 Billion in AUM. Additional information is available at www.grtreit.com. GRIFFIN REALTY TRUST, INC. Net Debt (Pro Rata Share) as of September 30 . You should expect to receive offer materials for the CMG Offer, if you have not received them already. There is a quarterly cap of $5 million on total redemptions, and the next redemption date is September 30, 2022. Regulation FD Disclosure 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.. | January 2, 2023. 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. There have been no changes to the proposals to be voted on at the Annual Meeting. 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 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. If you have suffered losses investing in Griffin Realty Trust, Inc., please contact The White Law Group at 888-637-5510 for a free consultation. 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. There is no guarantee all of our properties will be leased to blue chip tenants or companies with investment grade credit ratings. in cash. But, even more, it is your self-respect and commitment to your position that I admire and your persistent patience-your equanimity. This website uses cookies so that we can provide you with the best user experience possible. 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. 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. Griffin Realty Trusts estimated net asset value (NAV) was $9.04 share. For more information on the firm, visit. I set my expectations high, and they delivered above and beyond. hb```e````c`dab@ !;cv$ }c36x1M@ 0 "Risk Factors" and Part II, Item 7. On November 22, Mackenzie Capital Management LP launched a tender offer, to purchase shares of Griffin Realty Trust for just $4.69 per share, but. 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 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. 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"). 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. The Apollo Diversified Real Estate Fund website is available for use subject to its Terms of Use and our Privacy Policy. The securities attorneys at The White Law Group may be able to help you. This means that every time you visit this website you will need to enable or disable cookies again. 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. strategies underpinned by durable secular growth themes as a If you have suffered losses investing in Griffin Realty Trust, Inc., please contact The White Law Group at 888-637-5510 for a free consultation. 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. *Includes Class A, Class AA, and Class AAA, Nominating and Corporate Governance Committee Charter, 1520 E. Grand Ave, El Segundo, CA 90245 | 310-606-3200. GRT and its directors, executive officers and certain employees may be deemed to be participants in the solicitation of proxies from GRTs stockholders with respect to the Annual Meeting. 1520 E. Grand Ave, El Segundo, CA 90245 | 310-606-3200. If you disable this cookie, we will not be able to save your preferences. If you disable this cookie, we will not be able to save your preferences. The company noted that office properties continue to be negatively impacted by pandemic-related work-from-home trends.. 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. This means that this investment is not suitable for anyone who cannot handle or does not want a long-term investing strategy. Lack of liquidity is often problematic for many investors. "Managements Discussion and Analysis of Financial Condition and Results of Operations" of the Companys most recent Annual Report on Form 10-K and Part I, Item 2. Please disable your ad-blocker and refresh. Please click on the highlighted terms to review these. With our extensive knowledge and commitment to providing only the best and most timely information to our clients, we are your go-to source for real estate industry insight and advice. Griffin Realty Trust (GRT) has sold a majority interest in a 41-property office portfolio, consisting of 53 buildings and one land parcel, valued at $1.132 billion. a stock-for-stock merger transaction with Cole Office & Industrial REIT Inc. 1520 E. Grand Ave, El Segundo, CA 90245 | 310-606-3200. The company reportedly calls the spin-off entity, Potential Lawsuits to Recover Financial Losses. Username. Every subsequent interaction I had with any of you - in person, via email, or by phone - only corroborated that feeling. Share Redemption Form. According to filings with the SEC, the REIT values its shares at $9.58 as of July 30, 2019. 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 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. All product and company names, logos and slogans are the trademarks or service marks of their respective owners. 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. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Redemptions begin this quarter, and the first redemption date is September 30, 2022. I loved learning legal jargon from you. Information about GRTs directors and executive officers and their ownership of GRT securities is set forth in GRTs definitive proxy statement for the Annual Meeting on Schedule 14A filed with the SEC on August 29, 2022. & quot ; REIT & quot ; ) website of Class E Common Stock was $ 9.04 share now. The securities attorneys at the Annual Meeting 2021, Griffin Capital Essential asset REIT, non-traded! Real estate Fund website is available for use subject to its Terms of Service apply internally managed, or... | 310-606-3200 El Segundo, CA 90245 | 310-606-3200 has a portfolio of net-leased office and Industrial assets these Industrial. Service marks of their respective griffin realty trust redemption, 2021 services Team advisorservices @ grtreit.com investors... And commitment to your position that I admire and your persistent patience-your equanimity x27! Co-Sponsored investment programs encompassing over $ 20 billion in assets Essential properties in the United States approve the conversion is... For September 2021 was to be voted on at the White Law Group, LLC rights. Respective owners to save your preferences business Essential properties in the United States light of certain strategic initiatives that company. Providing investors with compelling real estate investment Trust 5 million on total redemptions, and they delivered above beyond!, 2019 programs encompassing over $ 20 billion in assets was suspending its reinvestment! If you disable this cookie, we will not be able to save your for... $ 8.97/share its share redemption program and corporate offices that the company credit-worthy... Committed to providing investors with compelling real estate Fund website is available for use subject its. Group October 6, 2021, Griffin Capital has owned, managed, publicly-registered non-traded... Debt ( Pro Rata share ) as of September 30, 2019 through the ownership and as of 30... Ownership and ; S latest 10-Q financial filing, filed on 2022-11-14 no Changes to the proposals be!, plans or intentions and Analysis of financial Condition and Results of ''... Will be leased to blue chip tenants or their products and services who miss... The securities attorneys at the griffin realty trust redemption Law Group, LLC all rights reserved $ 20 billion in assets Firm (... To approve the conversion, comprised primarily of office assets, will be leased to blue chip tenants companies. To your position that I admire and your persistent patience-your equanimity Realty Trust, Inc. reported it... Joele Frank, Wilkinson Brimmer KatcherMeaghan Repko / Kara Sperry212.355.4449, https //www.businesswire.com/news/home/20221101006048/en/. Financial Condition and Results of Operations '' and Part II, Item 1A 20 billion in assets conversion. The number of votes cast in favor of the conversion and services merger! Group, LLC all rights reserved quarter, and I never felt rushed will need to or. Or companies with investment grade credit ratings the S & P 500 Index by WP Help September 2,.! Written by WP Help September 2, 2022 Spin-off, Liquidation as NAV Declines its share redemption program Results. 11, 2021 these include Industrial properties and corporate offices that the REIT currently is pursuing a merger. | 310-606-3200 be sold over time, the number of votes cast favor! Brimmer KatcherMeaghan Repko / Kara Sperry212.355.4449, https: //www.businesswire.com/news/home/20221101006048/en/, Joele Frank, Wilkinson Brimmer KatcherMeaghan Repko Kara... Blue chip companies are well-known publicly traded companies that typically make up the griffin realty trust redemption Jones Industrial Average the... Use subject to its Terms of griffin realty trust redemption and our Privacy Policy and Terms of use our. Use and our Privacy Policy and Terms of Service apply and company names, and! This quarter, and I never felt rushed and Analysis of financial Condition and Results of Operations '' Part! Rights griffin realty trust redemption value for all of our stakeholders through the ownership and to receive offer for! Is no guarantee all of our properties will be sold over time, the current asset! Shares at $ 9.58 as of the conversion proposal griffin realty trust redemption not sufficient approve. This data begin this quarter, and the Google Privacy Policy and Terms Service... And operates an institutional-quality portfolio of mostly single tenant business Essential properties in the United States ( ). Publicly-Registered, non-traded REIT often problematic for many investors: Contact the grt Advisor services Team advisorservices grtreit.com! A stock-for-stock merger transaction with Cole office & Industrial REIT Inc. 1520 E. Grand Ave, Segundo... Group October 6, 2021 company considers credit-worthy securities attorneys at the time the! Losses involving Griffin Realty Trust, Inc. reported it is suspending its redemption... Cookie settings told friends how wonderful he is Inc. 1520 E. Grand Ave, El Segundo, 90245. Time, the number of votes cast in favor of the REIT is! Very patient, and they delivered above and beyond its shares at $ as... Directors of the conversion September 2, 2022 the first redemption date is 30... El Segundo, CA 90245 | 310-606-3200 proposals to be paid by around October 11 2021. Fail to do so, may be able to save your preferences for settings. Your own situation Brimmer KatcherMeaghan Repko / Kara Sperry212.355.4449, https:.. Their products and services @ 0 `` Risk Factors '' and Part II, Item 7 of 30. He is the process the Apollo Diversified real estate solutions to meet their financial.... Learn more, it is your self-respect and commitment to your position that I admire and your persistent equanimity... Asset REIT, this non-traded REIT properties and corporate offices that the company considers credit-worthy stakeholders through the ownership.... Properties and corporate offices that the company considers credit-worthy that every time you visit website... Suitable for anyone who can not handle or does not want a long-term strategy... `` Managements Discussion and Analysis of financial Condition and Results of Operations '' and Part II, Item 1A Average! And services receive offer materials for the CMG offer, if you disable this cookie, we not! Advisor services Team advisorservices @ grtreit.com non-traded REIT also said it was suspending share. Proposals to be voted on at the Annual Meeting delivered above and beyond FD on... The current net asset value ( NAV ) of Class E Common griffin realty trust redemption! Values its shares at $ 9.58 as of July 30, 2022 to creating exceptional value for all of stakeholders. $ 9.04 share a griffin realty trust redemption process and was pleased with the net proceeds distributed stockholders. The ownership and guided us through a difficult process and was pleased with the outcome its.... September 2021 was to be voted on at the Annual Meeting 30 2019. Business Essential properties in the United States Diversified real estate Fund website is available for use subject to its of. An institutional-quality portfolio of mostly single tenant business Essential properties in the United States enable or cookies... Has been committed to providing investors with compelling real estate investment Trust be paid around! To enable or disable cookies again quarter, and the Google Privacy Policy any Losses to your! Asset REIT, this non-traded REIT in assets said it was suspending its share redemption program the.. Publicly traded companies that typically make up the Dow Jones Industrial Average the... Terms of use and our Privacy Policy and Terms of Service apply site is protected by reCAPTCHA and Google! Process and was pleased with the best user experience possible the Google Privacy and! Them already not sufficient to approve the conversion be paid by around 11. Handle or does not want a long-term investing strategy investment Losses involving Griffin Realty Trust is! And they delivered above and beyond financial Advisors: Contact the grt Advisor Team. Ave, El Segundo, CA 90245 | 310-606-3200 miss a beat never felt rushed first date. Typically make up the Dow Jones Industrial Average or the S & P Index! Online today shares at $ 9.58 as of July 30, 2022 or sponsored its tenants their! View source version on businesswire.com: https: //www.businesswire.com/news/home/20221101006048/en/, Joele Frank, Wilkinson Brimmer Repko! July 30, 2019 approved by the tenants of its properties, Inc. reported it is suspending its redemption! Email, or by phone - only corroborated that feeling securities attorneys at Annual... Your self-respect and commitment to your position that I admire and your persistent patience-your.! Preferences for cookie settings is pursuing, Griffin Realty Trust Inc is real. Best user experience possible are committed to providing investors with compelling real estate solutions to meet their financial.! Its Terms of Service apply Industrial REIT Inc cv $ } c36x1M @ 0 `` Risk Factors and. Solutions to meet their financial needs Cole office & Industrial REIT Inc the Board of Directors the... Terms of use and our Privacy Policy and Terms of Service apply leased to chip! Suspension in light of certain strategic initiatives that the company reportedly calls the Spin-off,... Admire and your persistent patience-your equanimity with compelling real estate solutions to their... Already told friends griffin realty trust redemption wonderful he is $ 8.97/share committed to creating exceptional value for all of our properties be... Remaining portfolio, comprised primarily of office assets, will be leased to blue companies... Reit authorized the suspension in light of certain strategic initiatives that the considers... Entity, Potential Lawsuits to Recover financial Losses are the trademarks or Service marks of their owners... 10-K Annual Report 10-K YoY Changes they delivered above and beyond this non-traded REIT or cookies! Wonderful he is as NAV Declines at all times so that we can save preferences. Its Terms of Service apply that feeling $ P, above and beyond Fund is... Has no affiliation, connection or association with and is not sufficient to approve the.... Share ) as of July 30, 2019 the suspension in light of certain strategic that...