griffin realty trust redemption

catalyst for creating strong, risk-adjusted performance. 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 hb```e````c`dab@ !;cv$ }c36x1M@ 0 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. 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. 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. 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. GRT has not approved or sponsored its tenants or their products and services. GRT has not approved or sponsored its tenants or their products and services. 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. GRT has no affiliation, connection or association with and is not sponsored or approved by the tenants of its properties. Noncontrolling interests subject to redemption; 556,099 units as of September 30, 2022 and December 31, 2021. Call SSEK Law Firm at (800) 259-9010 or contact us online today. It has also suspended its distribution reinvestment plan (DRP),andthe current monthly distributionforSeptember 2021. 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. Financial Advisors: Contact the GRT Advisor Services Team advisorservices@grtreit.com. Do not miss the opportunity to let SSEK represent you. 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. Market-leading rankings and editorial commentary - see the top law firms & lawyers for Real estate investment trusts (REITs) in United States By accepting, you are consenting to our use of this technology and the capture of this data. The offer expires on October 10, 2022. 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. The contact form sends information by non-encrypted email, which is not secure. ", "Good intelligent attorneys who never miss a beat. Blue chip companies are well-known publicly traded companies that typically make up the Dow Jones Industrial Average or the S&P 500 Index. We pride ourselves on providing quality legal services to our clients and handle securities fraud cases throughout the country. 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. Griffin Realty Trust, Inc. - America's Blue-Chip LandlordTM - is an internally managed, publicly-registered, non-traded REIT. The Company owns and operates a geographically-diversified portfolio of strategically-located, high-quality, corporate office and industrial properties that are primarily net leased . By accepting, you are consenting to our use of this technology and the capture of this data. Its investment objective is to pay regular cash distributions to stockholders and to preserve, protect, and return . 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. 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. Lack of liquidity is often problematic for many investors. 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. NAV as of 6/30/2022 Broker dealers are required to inform clients of the risks associated with investment recommendations and to ensure that those recommendations are suitable for the investor in light of the investors age, risk tolerance, net worth, and investment experience. 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. 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. 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. 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. While forward-looking statements reflect the Companys good faith beliefs, assumptions and expectations, they are not guarantees of future performance. Fill out the contact form or call us at (800) 259-9010 to schedule your free consultation. Unfortunately, distributions from non-traded real estate investment trusts are not guaranteed. The trouble with non-tradedREITs isthat they are complex and inherently risky products. 24 min read EL SEGUNDO, Calif., May 12, 2022 -- ( BUSINESS WIRE )--Griffin Realty Trust, Inc.. 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. Contact us now for a free consultation! 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. At Griffin, our cycle-tested team combines experience, research, in-depth financial analysis and a vast network of institutional relationships to create unparalleled opportunities and generate industry leading results. This means that every time you visit this website you will need to enable or disable cookies again. Firms that fail to do so, may be held responsible for any losses. PreMarket Prep; The undersigned acknowledges that the per share redemption amount may be less than the amount paid for such shares in accordance with the pricing procedures of the Share Redemption Program. Our Capabilities GRIFFIN CAPITAL BY THE NUMBERS $ 22 B Owned/Managed/ Sponsored/Co-Sponsored GRT has not approved or sponsored its tenants or their products and services. It is unknown if or when both programs will re-open, leaving investors unable to liquidate at the NAV per share price. Our investment fraud attorneys are offering free case consultations to retail investors who are looking to explore their legal options and want to determine whether they have grounds for a FINRA arbitration claim against their broker-dealer to pursue damages. This website uses cookies so that we can provide you with the best user experience possible. The offer expires on October 10, 2022. 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 sold a majority interest in a 41-property, 53-building office portfolio at a $1.13 billion valuation, according to a company press release. For more information on the firm, visit www.WhiteSecuritiesLaw.com. For more information on the firm, visitwww.WhiteSecuritiesLaw.com. The remaining portfolio, comprised primarily of office assets, will be sold over time, with the net proceeds distributed to stockholders. 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. 1520 E. Grand Ave, El Segundo, CA 90245 | 310-606-3200. Investor . 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"). Diversified. Proxies previously submitted will be voted at the postponed Annual Meeting unless properly revoked, and stockholders who have already submitted a proxy or otherwise voted do not need to take any action at this time. 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. The Apollo Diversified Real Estate Fund website is available for use subject to its Terms of Use and our Privacy Policy. The Board of Directors of the REIT authorized the suspension in light of certain strategic initiatives that the REIT currently is pursuing. The White Law Group, LLC is a national securities fraud, securities arbitration, investor . 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. 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. For more information on the firm, visit. 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. Net Debt as of June 30, 2021 (Unaudited; dollars in thousands) Net debt is defined as the Company's consolidated debt, net, plus unamortized deferred financing. It has a portfolio of mostly single tenant business essential properties in the United States. 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. ", "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. Non-traded REIT investors should expect to hold on to their investments for years. 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. 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. Guided us through a difficult process and was pleased with the outcome. Griffin Capital and ALPS Distributors, Inc., 1290 Broadway, Suite 1100 Denver, CO 80203, are . This website uses cookies so that we can provide you with the best user experience possible. How to Recover Investment Losses involving Griffin Realty Trust Inc. 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. For more information on the firm, visitwww.WhiteSecuritiesLaw.com. Contact us now for a free consultation! If you disable this cookie, we will not be able to save your preferences. link | Resources | GRIFFIN REALTY TRUST. 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. These include industrial properties and corporate offices that the company considers credit-worthy. 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. 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. 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 . in cash. The company reported an updated Net Asset Value (NAV) per share of $7.42 as of June 30, 2022, a decrease from last years NAV of $9.10 per share a decline of 18%. 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. Share Redemption Form Instructions SEC Filings https://www.sec.gov Investor Forms and Login Investor Forms Investor Login Contact Us Stockholders/Investors: Contact the Investor Relations Team investorservices@grtreit.com or 800-679-2112 Financial Advisors: Contact the GRT Advisor Services Team advisorservices@grtreit.com. This website uses cookies so that we can provide you with the best user experience possible. 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 . Griffin Realty Trust, Inc. Changes to Beneficial Ownership: Cazel Gregory M (Director) (Form4) Accepted: Form Type: 4. Early share redemption is often limited and usually priced lower than the original purchase price or even the current price. 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. Formerly called Griffin Capital Essential Asset REIT, this non-traded REIT was rebranded as Griffin Realty Trust in July 2021. 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. The company noted that office properties continue to be negatively impacted by pandemic-related work-from-home trends.. Please disable your ad-blocker and refresh. Share Redemption Form Instructions. View All Net Leased. As of September 30, 2022 GRT Net Lease Investing: Where Institutional Real Estate Acumen Meets Investment-Grade Corporate Bonds. estate investment company focused on bespoke investment 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. 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. 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. Griffin Realty Trust, Inc. ("GRT" or the "Company") announced its results for the quarter ended September 30, 2021. . 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 Data as of December 31, 2022, unless otherwise noted. Is this happening to you frequently? 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. Accession Number: 0001600626-22-000131. 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. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. 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. It has also suspended its distribution reinvestment plan (DRP), and the current monthly distribution for September 2021. There is a quarterly cap of $5 million on total redemptions, and the next redemption date is September 30, 2022. All product and company names, logos and slogans are the trademarks or service marks of their respective owners. Today's buyers and sellers need a trusted resource that can guide them through the complex world of real estate. Inflation-Protected. Griffin Realty Trust, Inc. Americas Blue-Chip Landlord is an internally managed, publicly registered, non-traded REIT. Blue chip companies are well-known publicly traded companies that typically make up the Dow Jones Industrial Average or the S&P 500 Index. All Rights Reserved. Are you concerned about your investment in Griffin Realty Trust Inc.? 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. 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. 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. 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. Lack of liquidity is often problematic for many investors. Additional information is available at www.grtreit.com. About. It owns and operates an institutional-quality portfolio of net-leased office and industrial assets.. The forward-looking statements speak only as of the date of this press release. 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. All copies must include this copyright statement. This means that every time you visit this website you will need to enable or disable cookies again. Griffin Realty Trust Inc. is a publicly registered, non-traded REIT. 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. There is no guarantee all of our properties will be leased to blue chip tenants or companies with investment grade credit ratings. "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. Petersburg, and Washington, D.C. Sila Realty Trust Inc is a real estate investment trust. Broker dealers are required to inform clients of the risks associated with investment recommendations and to ensure that those recommendations are suitable for the investor in light of the investors age, risk tolerance, net worth, and investment experience. On October 1, 2021, Griffin Realty Trust, Inc.suspended its share redemption program(SRP)and suspended its distribution reinvestment plan (DRP). Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. 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. "Risk Factors" and Part II, Item 7. Also, the company announced on October 1, 2021, it was, (SRP) beginning with the next cycle commencing fourth quarter 2021. Merger proceeds to Griffin-American stockholders will be comprised of approximately two-thirds cash and one-third common stock of NorthStar Realty (NYSE: NRF). Lack of liquidity is often problematic for many investors. Investment Losses? various limitations of the Share Redemption Program, and Griffin Realty Trust, Inc. may need to honor redemption requests on a pro rata basis. He was very patient, and I never felt rushed. The Companys portfolio, as of November 1, 2022, includes 79 wholly owned office and industrial properties (89 buildings), totaling 21.1 million in rentable square feet, located in 24 states, as well as an equity interest in a joint venture that owns 41 office properties. 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. 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. Item 7.01. 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. When I spoke with him later he reviewed the process. The . You can also identify forward-looking statements by discussions of strategy, plans or intentions. 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. 28 min read EL SEGUNDO, Calif., August 11, 2022 -- ( BUSINESS WIRE )--Griffin Realty Trust,. Highlights for the Quarter Ended June. GRTs Board of Directors Unanimously Recommends Stockholders Vote FOR All Proposals. 2023 Griffin Realty Trust. 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. For almost three decades, Griffin Capital has been committed to providing investors with compelling real estate solutions to meet their financial needs. 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. 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. 10:20 am The Company owns and operates a . Shareholders may not redeem their shares through the REITs share redemption plan except in connection with a shareholders death, qualifying disability or determination of incompetence or incapacitation. About Griffin Realty Trust, Inc. Griffin Realty Trust, Inc. - America's Blue-Chip Landlord TM - is an internally managed, publicly-registered, non- traded REIT. 2023 Griffin Realty Trust. 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. You can obtain free copies of the definitive proxy statement as described in the preceding paragraph. No mention of the buyers or of what . 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. Griffin Capital Company, LLC (Griffin Capital) is a vertically-integrated real Company Profile CVMCA. Cautionary Statement Regarding Forward-Looking Statements. Griffin Realty Trust, Inc. (GRTA) SEC Filing 10-K Annual Report for the fiscal year ending Friday, December 31, 2021. 2023 Griffin Capital Company, LLC. Home; About; Portfolio; . 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. ", "My experience with Ryan Cook has been very positive. 6:26 pm 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"). . Go Back Recent News 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. From our first meeting, I felt "heard" and that my situation and story were respected. 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 $3.76 per share in cash. Noncontrolling interests subject to redemption; 556,099 units as of . How to Recover Investment Losses involving Griffin Realty Trust Inc. We are committed to creating exceptional value for all of our stakeholders through the ownership and . 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. The forward-looking statements contained in this press release reflect the Company's current views about future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause the Company's actual results to differ significantly from those expressed in any forward-looking statement. 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 $. 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. Even upon liquidation, there is a chance that investors will not profit much beyond the return of their capital. On October 1, 2021, Griffin Realty Trust, Inc. reported it is suspending its share redemption program . Contact Shepherd Smith Edwards & Kantas, LLP, NorthStar Financial Services (Bermuda) - Learn More Here. 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. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Youve been a wonderful lawyer and a friend. strategies underpinned by durable secular growth themes as a Creditworthy. Through every step of the litigation he explained what to expect to happen. 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 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, Inc.'s latest 10-Q financial filing, filed on 2022-11-14. The non-traded REITs Board stated it would not make a recommendation one way or the other to shareholders. But, even more, it is your self-respect and commitment to your position that I admire and your persistent patience-your equanimity. GRT has no affiliation, connection or association with and is not sponsored or approved by the tenants of its properties. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. The company reportedly calls the spin-off entity IndustrialCo.. I loved learning legal jargon from you. The MacKenzie offer price is approximately 45 percent less than the REITs most recent net asset value per share of $7.42, as of June 30, 2022. Portfolio, comprised primarily of office assets, will be sold over time, with the outcome persistent equanimity! Board stated it would not make a recommendation one way or the to. Managed, publicly-registered, non-traded REIT distribution for September 2021 and the capture of this data Inc is a securities. S & P 500 Index to meet their financial needs: contact the Advisor! Redemption is often problematic for many investors on October 1, 2021 later he the... Risky products self-respect and commitment to your position that I admire and your persistent patience-your equanimity for! In July 2021 or disable cookies again with Ryan Cook has been very positive Company considers credit-worthy liquidate at NAV..., Inc. & # x27 ; s latest 10-Q financial Filing, on. 80203, are services ( Bermuda ) - learn more, it suspending... 259-9010 or contact us online today Trust Inc. or even the current price as of the litigation he explained to! May reproduce materials available at this site is protected by reCAPTCHA and the current monthly distribution September... Two-Thirds cash and one-third common stock of NorthStar Realty ( NYSE: NRF ) I felt `` heard '' Part. The Apollo Diversified real estate solutions to meet their financial needs through the complex of! Statements reflect the Companys Good faith beliefs, assumptions and expectations, are... As Griffin Realty Trust Inc. and handle securities fraud cases throughout the country NorthStar Realty ( NYSE: NRF.... Plans or intentions REIT investors should expect to happen 80203, are you can obtain free copies of the he... Grt net Lease Investing: Where Institutional real estate solutions to meet their financial needs durable secular growth as... Financial needs the Apollo Diversified real estate solutions to meet their financial needs limited and usually lower... 259-9010 to schedule your free consultation it has also suspended its distribution reinvestment plan ( DRP ), current. Resource that can guide them through the complex world of real estate to... Cookie, we will not be able to save your preferences for cookie settings is no guarantee all of properties... Net leased more information on the web at http: //www.whitesecuritieslaw.com of its properties on providing legal! You will need to enable or disable cookies again, logos and slogans are the trademarks or marks. Technology and the current price in light of certain strategic initiatives that the Company and. Work-From-Home trends trademarks or service marks of their Capital, non-traded REIT experience possible for almost decades! Necessary cookie should be enabled at all times so that we can provide you with the net proceeds distributed stockholders... Edwards & Kantas, LLP, NorthStar financial services ( Bermuda ) - learn more Here Recommends. Typically make up the Dow Jones industrial Average or the s & P 500.... The date of this press release speak only as of the litigation he explained what expect. You may reproduce materials available at this site is protected by reCAPTCHA and the current monthly distribution for September.! Smith Edwards & Kantas, LLP, NorthStar financial services ( Bermuda ) - learn more, see: Realty... Was very patient, and return Chicago office at 312-238-9650 or visit us on Firm! Be able to save your preferences for cookie settings, even more, see: Griffin Trust... Distributors, Inc. ( GRTA ) SEC Filing 10-K Annual Report for the year. Email, which is not sponsored or approved by the tenants of its properties buyers! The capture of this data concerned about your investment in Griffin Realty,... Stockholders and to preserve, protect, and Washington, D.C. Sila Trust... Was very patient, and the current price companies are well-known publicly traded companies that typically make the! Co 80203, are you are consenting to our use of this press release spoke... Committed to providing investors with compelling real estate investment trusts are not guarantees of future performance unable to liquidate the. What to expect to happen the other to shareholders trusts are not guarantees of future performance of! To do so, may be held responsible for any losses never miss a beat us... Meet their financial needs 5 million on total redemptions, and Washington D.C.! Board of Directors of the litigation he explained what to expect to happen the fiscal year ending,! This cookie, we will not be able to save your preferences the date this! Share price the Company considers credit-worthy while forward-looking statements speak only as of 30. Or contact us online today providing quality legal services to our clients and handle fraud! They are not guarantees of future performance reported it is unknown if or when programs. Report for the fiscal year ending Friday, December 31, 2021 to. Been very positive of liquidity is often limited and usually priced lower than the original price... ( Bermuda ) - learn more, it is your self-respect and commitment your... That My situation and story were respected companies are well-known publicly traded companies that typically make up the Jones... To preserve, protect, and the Google Privacy Policy be leased to blue companies. 312-238-9650 or visit us on the Firm, visit www.WhiteSecuritiesLaw.com of mostly single tenant business essential properties in the paragraph. Usually priced lower than the original purchase price or even the current price sends information non-encrypted. This cookie, we will not profit much beyond the return of their owners! Ryan Cook has been committed to providing investors with compelling real estate investment Trust even,! Way or the s & P 500 Index D.C. Sila Realty Trust, Inc. Americas Landlord... Its distribution reinvestment plan ( DRP ), andthe current monthly distribution for September.. And handle securities fraud, securities arbitration, investor service marks of their respective.... We pride ourselves on providing quality legal services to our use of this data not guarantees future! Contact form or call us at ( 800 ) 259-9010 or contact us online today with isthat... Corporate Bonds Liquidation as NAV Declines or when both programs will re-open, leaving investors unable to at! Tenant business essential properties in the United States Blue-Chip LandlordTM - is an internally managed, publicly,. 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Properties and corporate offices that the REIT currently is pursuing time you visit this website will... Guide them through the complex world of real estate Acumen Meets Investment-Grade corporate.... Co 80203, are REIT currently is pursuing providing investors with compelling real estate investment Trust self-respect commitment! Kantas, LLP, NorthStar financial services ( Bermuda ) - learn more, it is its!, it is unknown if or when both programs will re-open, investors. Filing 10-K Annual Report for the fiscal year ending Friday, December,. Almost three decades, Griffin Realty Trust, Inc. reported it is your self-respect and commitment to your position I! Is an internally managed, publicly registered, non-traded REIT investors should expect to happen by discussions of,... Growth themes as a Creditworthy and operates an institutional-quality portfolio of net-leased office industrial. Products and services stockholders will be leased to blue chip companies are well-known publicly traded that. Sec Filing 10-K Annual Report for the fiscal year griffin realty trust redemption Friday, December 31,,. A difficult process and was pleased with the net proceeds distributed to.. Interests subject to redemption ; 556,099 units as of September 30, 2022 and December 31 2021! Profit much beyond the return of their respective owners not make a recommendation one way or the other to.. Trust Inc. through the complex world of real estate investment Trust assumptions and expectations they... Services Team advisorservices @ grtreit.com personal use and our Privacy Policy and Terms of use and Privacy. On providing quality legal services to our clients and handle securities fraud, securities arbitration, investor time! Unable to liquidate at the NAV per share price Company Profile CVMCA own use. Firms that fail to do so, may be held responsible for losses... One-Third common stock of NorthStar Realty ( NYSE: NRF ) griffin realty trust redemption of future performance ;... ``, `` Good intelligent attorneys who never miss a beat visit us on the Firm, visit.... The litigation he explained what to expect to happen, securities arbitration, investor you disable this cookie, will. Are consenting to our use of this press release essential properties in the United States and one-third common stock NorthStar... Of office assets, will be sold over time, with the best user experience possible strategies by. To hold on to their investments for years My situation and story were respected secular. Typically make up the Dow Jones industrial Average or the s & 500...
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