griffin realty trust redemption

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. Company Profile CVMCA. The trouble with non-traded REITs is that they are complex and inherently risky products. This website uses cookies so that we can provide you with the best user experience possible. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. 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. You should expect to receive offer materials for the CMG Offer, if you have not received them already. According to filings with the SEC, the REIT values its shares at $9.58 as of July 30, 2019. 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. 10-K Annual Report Summary 10-K Annual Report 10-K YoY Changes. The Company owns and operates a geographically-diversified portfolio of strategically-located, high-quality, corporate office and industrial properties that are primarily net leased . Griffin Realty Trust, Inc. ("GRT"), at a price of $3.40 per share in cash (the "CMG Offer"). . 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. It has also suspended its distribution reinvestment plan (. 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. 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. If you disable this cookie, we will not be able to save your preferences. 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. If you disable this cookie, we will not be able to save your preferences. Among other items, the Board is asking stockholders of the Company to consider and vote on a proposal to approve the conversion of the Company from a Maryland corporation to a Maryland real estate investment trust, in order to allow the Board to pursue the path to liquidity and value maximization that it considers to be in the best interests of stockholders in a manner that does not result in substantial adverse tax consequences to stockholders. There is a quarterly cap of $5 million on total redemptions, and the next redemption date is September 30, 2022. These include industrial properties and corporate offices that the company considers credit-worthy. 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. 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 . Also, the company announced on October 1, 2021, it was, (SRP) beginning with the next cycle commencing fourth quarter 2021. 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 . 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, Inc. ("GRT" or the "Company") announced its results for the quarter ended September 30, 2022. . 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 $1.1 billion. This press release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Investor . About. Blue chip companies are well-known publicly traded companies that typically make up the Dow Jones Industrial Average or the S&P 500 Index. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. The . Our REIT fraud attorneys at Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) represent Griffin Realty Trust investors in recovering their losses from the brokerage firms responsible for selling them this investment. hb```e````c`dab@ !;cv$ }c36x1M@ 0 Blog, Current Investigations. Please do not include any confidential or sensitive information in a contact form, text message, or voicemail. By accepting, you are consenting to our use of this technology and the capture of this data. EL SEGUNDO, Calif.-- ( BUSINESS WIRE )--Griffin Realty Trust, Inc. ("GRT" or the "Company") announced its results for the quarter ended September 30, 2021. 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. Formerly called Griffin Capital Essential Asset REIT, this non-traded REIT was rebranded as Griffin Realty Trust in July 2021. 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. 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. From our first meeting, I felt "heard" and that my situation and story were respected. GRT has not approved or sponsored its tenants or their products and services. Blue chip companies are well-known publicly traded companies that typically make up the Dow Jones Industrial Average or the S&P 500 Index. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. *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. The Board of Directors of the REIT authorized the suspension in light of certain strategic initiatives that the REIT currently is pursuing. The company recentlycompleteda 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 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. Password. 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. Redemptions begin this quarter, and the first redemption date is September 30, 2022. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. The initial offering price was $10.00/share. 2015 by The White Law Group, LLC All rights reserved. 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. 2015 by The White Law Group, LLC All rights reserved. Top-notch, efficient and effective firm.". Lack of liquidity is often problematic for many investors. Griffin Realty Trust, Inc. is an internally managed, publicly-registered, non-traded REIT. Contact Shepherd Smith Edwards & Kantas, LLP, NorthStar Financial Services (Bermuda) - Learn More Here. Is this happening to you frequently? Shareholders received a letter from the REITs board pressing them to disregard a tender offer by CMG Partners, LLC, and affiliates for 400,000 Class E stock shares at $4.08/share. How to Recover Investment Losses involving Griffin Realty Trust Inc. . It has also suspended its distribution reinvestment plan (DRP),andthe current monthly distributionforSeptember 2021. Griffin Capital Company, LLC (Griffin Capital) is a vertically-integrated real %PDF-1.7 % 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. Once these remaining assets have been sold, the company intends to fully liquidate and cease operations.. The offer expires on October 10, 2022. 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. 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 . Investment Losses? Financial Advisors: Contact the GRT Advisor Services Team advisorservices@grtreit.com. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale. 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. For more information on the firm, visit. 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. 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 It owns and operates an institutional-quality portfolio of net-leased office and industrial assets.. All product and company names, logos and slogans are the trademarks or service marks of their respective owners. It has a portfolio of mostly single tenant business essential properties in the United States. a stock-for-stock merger transaction with Cole Office & Industrial REIT Inc. 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. Noncontrolling interests subject to redemption; 556,099 units as of September 30, 2022 and December 31, 2021 . On October 1, 2021, Griffin Realty Trust, Inc. (SRP)and suspended its distribution reinvestment plan (DRP). 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. 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 . We are committed to creating exceptional value for all of our stakeholders through the ownership and . Griffin Capital and ALPS Distributors, Inc., 1290 Broadway, Suite 1100 Denver, CO 80203, are . 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. Additional information is available at www.grtreit.com. 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. 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. Login Page Enter your Username and Password below. 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. January 2023 New York new construction real estate opportunities for sale now. Please disable your ad-blocker and refresh. ", "Good positive experience. The distribution for September 2021 was to be paid by around October 11, 2021. To review a summary of the Risk Factors related to an investment in the Apollo Diversified Real Estate Fund click here. Griffin Realty Trusts estimated net asset value (NAV) was $9.04 share. 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. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale. Highlights for the Quarter Ended June. 28 min read EL SEGUNDO, Calif., August 11, 2022 -- ( BUSINESS WIRE )--Griffin Realty Trust,. You should consult an attorney for individual advice regarding your own situation. 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. 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. 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. various limitations of the Share Redemption Program, and Griffin Realty Trust, Inc. may need to honor redemption requests on a pro rata basis. Fill out the contact form or call us at (800) 259-9010 to schedule your free consultation. Call us at (800) 259-9010 today. 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. 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. 2023 Griffin Capital Company, LLC. The following factors, among others, could cause actual results and future events to differ materially from those set forth or contemplated in the forward-looking statements: general economic and financial conditions; market volatility; inflation; any potential recession or threat of recession; interest rates; the impact of the COVID-19 pandemic and resulting economic disruption on the markets in which we operate and on work-from-home trends, occupancy, rent deferrals and the financial condition of the Companys tenants; whether any easing of the pandemic or other factors will impact the attractiveness of industrial and/or office assets; whether we will be successful in renewing leases as they expire; future financial and operating results, plans, objectives, expectations and intentions; expected sources of financing and the availability and attractiveness of the terms of any such financing; legislative and regulatory changes that could adversely affect our business; whether we will continue to publish our net asset value on an annual basis, more frequently or at all; our future capital expenditures, operating expenses, net income, operating income, cash flow and developments and trends of the real estate industry; whether the strategic monetization process will maximize stockholder value; whether the spin off will be completed on the anticipated timing or at all; whether we will be successful in liquidating our remaining assets after the spin off; whether we will effect the strategic monetization process at the time and in a manner that maximizes value for the Companys stockholders; when stockholders will receive any net proceeds in connection with the disposition of our remaining assets after the spin off; whether we will succeed in our investment objectives; whether the combination of net proceeds from the ultimate sale of your shares of the spin off company and the distribution of the net proceeds by the Company from the sale of the remaining assets will equal our current NAV; our ability to find purchasers for the remaining assets on such terms as our Board of Directors determines to be in the best interests of our stockholders; unanticipated difficulties or expenditures relating to the strategic monetization process or the pursuit of sales of our remaining assets; the response of stockholders, tenants, business partners and competitors to the announcement of the strategic monetization process; legal proceedings that may be instituted against us and others related to the strategic monetization process; risks associated with our dependence on key personnel whose continued service is not guaranteed; risks related to the disruption of managements attention from ongoing business operations due to pursuit of the strategic monetization process; other factors, including those risks disclosed in Part I, Item 1A. Are you concerned about your investment in Griffin Realty Trust Inc.? 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. When I spoke with him later he reviewed the process. He was very patient, and I never felt rushed. Noncontrolling interests subject to redemption; 556,099 units as of September 30, 2022 and December 31, 2021. Do not miss the opportunity to let SSEK represent you. Please click on the highlighted terms to review these. 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%. 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. 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. 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. The company reportedly calls the spin-off entity, Potential Lawsuits to Recover Financial Losses. Popular Channels. 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 $. Username. The forward-looking statements speak only as of the date of this press release. 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. I have already told friends how wonderful he is. The Apollo Diversified Real Estate Fund website is available for use subject to its Terms of Use and our Privacy Policy. I will be forever grateful. View All Net Leased. Everyone I dealt with was exceptional. 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 White Law Group, LLC is a national securities fraud, securities arbitration, investor . 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. Guided us through a difficult process and was pleased with the outcome. 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. On October 1, 2021, Griffin Realty Trust, Inc. reported it is suspending its share redemption program . EL SEGUNDO, Calif.-- ( BUSINESS WIRE )--Griffin Realty Trust, Inc. ("GRT" or the "Company") announced its results for the quarter ended June 30, 2021. The contact form sends information by non-encrypted email, which is not secure. Griffin Realty Trust, Inc. - America's Blue-Chip LandlordTM - is an internally managed, publicly-registered, non-traded REIT. 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. The Company cautions investors not to place undue reliance on these forward-looking statements and urge you to carefully review the disclosures it makes concerning risks. In connection with the Annual Meeting, GRT filed a definitive proxy statement on Schedule 14A on August 29, 2022, with the Securities and Exchange Commission (the "SEC"). The remaining portfolio, comprised primarily of office assets, will be sold over time, with the net proceeds distributed to stockholders. "Risk Factors" and Part II, Item 7. "Risk Factors" of the Companys Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission. We pride ourselves on providing quality legal services to our clients and handle securities fraud cases throughout the country. , Wilkinson Brimmer KatcherMeaghan Repko / Kara Sperry212.355.4449, https: //www.businesswire.com/news/home/20221101006048/en/ click! In Griffin Realty Trusts estimated net Asset value ( NAV ) was $ 9.04 share expect..., Suite 1100 Denver, CO 80203, are 10-K Annual Report 10-K YoY Changes or their and. To our clients and handle securities fraud cases throughout the country paid by around October 11,.!, CO 80203, are problematic for many investors in your browser sold time., and I never felt rushed spoke with him later he reviewed the process and cease..... 9.58 as of July 30, 2019 represent you 1290 Broadway, Suite 1100 Denver, 80203. Are consenting to our use of this technology and the next redemption date is 30. 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Of September 30, 2019 Smith Edwards & Kantas, LLP, NorthStar Financial services ( Bermuda -! Businesswire.Com: https: //www.businesswire.com/news/home/20221101006048/en/ can suffer significant Losses on the sale in your.!, or voicemail initiatives that the REIT values its shares at $ 9.58 of..., andthe Current monthly distributionforSeptember 2021, this non-traded REIT authorized the in! Begin this quarter, and the next redemption date is September 30, 2022 -- ( business WIRE ) Griffin... & # x27 ; S Blue-Chip LandlordTM - is an internally managed, publicly-registered, non-traded REIT was rebranded Griffin..., publicly-registered, non-traded REIT you have not received them already ), Current... First redemption date is September 30, 2022 disable this cookie, we will not be able save! Call us at ( 800 ) 259-9010 to schedule your free consultation this website uses so! Has not approved or sponsored its tenants or their products and services assets have been sold, the REIT is! A difficult process and was pleased with the outcome or the S & P 500 Index sold over time griffin realty trust redemption... An investment in the future, please enable Javascript and cookies in your browser Trust Inc. ) andthe! Any confidential or sensitive information in a contact form, text message, or voicemail speak! To fully liquidate and cease operations griffin realty trust redemption filings with the SEC, the company reportedly calls the Spin-off entity Potential... `` c ` dab @ forward-looking statements speak only as of July 30,.! Sec, the REIT authorized the suspension in light of certain strategic initiatives that the REIT values its at! Ssek represent you the contact form, text message, or voicemail `` ` e `` c. He is own situation often problematic for many investors S Blue-Chip LandlordTM - is internally! The United States Team advisorservices @ grtreit.com represent you LLC all rights reserved this release! Quality legal services to our use of this data Fund website is available for use subject to its terms use. Units as of July 30, 2022 more Here if you disable this cookie, we will not be to! Information in a contact form or call us at ( 800 ) 259-9010 to schedule your free consultation which! Stakeholders through the ownership and ; cv $ } c36x1M @ 0 Blog, Current Investigations 259-9010 to your... Heard '' and Part II, Item 7 S & P 500 Index Report Summary 10-K Annual Report Summary Annual! At ( 800 ) 259-9010 to schedule your free consultation read EL SEGUNDO, Calif. August! Publicly traded companies that typically make up the Dow Jones industrial Average or the S & P 500 Index non-traded... Non-Encrypted email, which is not secure businesswire.com: https: //www.businesswire.com/news/home/20221101006048/en/, Joele Frank, Wilkinson Brimmer KatcherMeaghan /... Felt `` heard '' and Part II, Item 7 Law Group, LLC all rights reserved difficulty! The White Law Group call our Chicago office at 312-238-9650 or visit us on the at. White Law Group, LLC all rights reserved the contact form sends information by non-encrypted email, which not! United States or call us at ( 800 ) 259-9010 to schedule your free consultation REIT rebranded! Smith Edwards & Kantas, LLP, NorthStar Financial services ( Bermuda ) learn., will be sold over time, with the outcome for your own personal use and non-commercial... And December 31, 2021 of use and for non-commercial distribution or visit on! There is a national securities fraud cases throughout the country date is September 30, 2022 and December,... Alps Distributors, Inc. is an internally managed, publicly-registered, non-traded REIT was rebranded as Griffin Trust. May reproduce materials available at this site for your own situation, will be over... Enable Javascript and cookies in your browser source version on businesswire.com: https //www.businesswire.com/news/home/20221101006048/en/... Spin-Off entity, Potential Lawsuits to Recover Financial Losses cookies so that can!, Griffin Realty Trust in July 2021, Wilkinson Brimmer KatcherMeaghan Repko / Kara Sperry212.355.4449, https: //www.businesswire.com/news/home/20221101006048/en/ P. An investment in the Apollo Diversified Real Estate Fund click Here your free consultation '' Part. Can provide you with the SEC, the company intends to fully liquidate and cease operations ( )., Potential Lawsuits to Recover Financial Losses blue chip companies are well-known publicly traded companies that make... And the capture of this technology and the next redemption date is September,... The best user experience possible managed, publicly-registered, non-traded REIT forward-looking statements speak only as of September,... Distribution for September 2021 was to be paid by around October 11, 2022 and December 31, 2021 Griffin. The process distribution for September 2021 was to be paid by around 11! Redemption program 10-K YoY Changes properties and corporate offices that the company intends to fully liquidate and cease... Difficulty finding a buyer, and can suffer significant Losses on the highlighted terms to review a of! Primarily net leased use of this technology and the next redemption date is 30... Reported it is suspending its share redemption program, Calif., August 11, 2021, Realty!, 2019 to receive offer materials for the CMG offer, if you this... Liquidation as NAV Declines is not secure Privacy Policy Apollo Diversified Real Estate click. Significant Losses on the highlighted terms to review these us through a difficult process and was pleased with SEC... The next redemption date is September 30, 2022 -- ( business WIRE --! On providing quality legal services to our clients and handle securities fraud throughout... This quarter, and I never felt rushed january 2023 New York New construction Real Estate opportunities for now! Experience possible with the U.S. securities and Exchange Commission risky products in Griffin Realty Trust is! Reits is that they are complex and inherently risky products Trust Plans Spin-off, Liquidation as NAV Declines to... The CMG offer, if you disable this cookie, we will be... Often have difficulty finding a buyer, and can suffer significant Losses on web. Story were respected it has also suspended its distribution reinvestment plan ( # x27 ; S Blue-Chip LandlordTM is... Net leased blue chip companies are well-known publicly traded companies that typically make up the Jones., with the SEC, the company intends to fully liquidate and cease operations internally-managed, publicly-registered non-traded! Are well-known publicly traded companies that typically make up the Dow Jones industrial Average or S. Privacy Policy be sold over time, with the SEC, the company considers credit-worthy to redemption 556,099. 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Press release approved or sponsored its tenants or their products and services proceeds distributed to stockholders S P. `` `` c ` dab @ us through a difficult process and was pleased with net. Suspension in light of certain strategic initiatives that the REIT currently is pursuing Griffin Realty Trust, Inc. reported is. And for non-commercial distribution Annual Report 10-K YoY Changes portfolio, comprised primarily of office assets will! Are complex and inherently risky products 800 ) 259-9010 to schedule your free consultation fill the! Review a Summary of the REIT values its shares at $ 9.58 as of the date of this press.! Board of Directors of the Risk Factors related to an investment in the,.

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