If you have an ad-blocker enabled you may be blocked from proceeding. Item 7.01. 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. ", "Good positive experience. Guided us through a difficult process and was pleased with the outcome. The REIT also notedthat it has temporarily suspended its quarterly publishing of net asset value per share of common stockdue to certainstrategic initiativesthat the REIT currently is pursuing, according to filings with the SEC. This website uses cookies so that we can provide you with the best user experience possible. You can also identify forward-looking statements by discussions of strategy, plans or intentions. "Managements Discussion and Analysis of Financial Condition and Results of Operations" and Part II, Item 1A. 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. On October 1, 2021, Griffin Realty Trust, Inc. (SRP)and suspended its distribution reinvestment plan (DRP). Investment Losses? On October 1, 2021, Griffin Realty Trust, Inc. reported it is suspending its share redemption program . 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. 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. 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. For almost three decades, Griffin Capital has been committed to providing investors with compelling real estate solutions to meet their financial needs. , Inc. is the distributor of the Griffin Institutional Access Credit Fund and the Griffin Institutional Access Real Estate Fund. The Board of Directors of the REIT authorized the suspension in light of certain strategic initiatives that the REIT currently is pursuing. Call us at (800) 259-9010 today. Resilient. It owns and operates an institutional-quality portfolio of net-leased office and industrial assets.. Diversified. All Rights Reserved. The trouble with non-tradedREITs isthat they are complex and inherently risky products. 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. GRT has not approved or sponsored its tenants or their products and services. The Company owns and operates a geographically-diversified portfolio of strategically-located, high-quality, corporate office and industrial properties that are primarily net leased . Firms that fail to do so, may be held responsible for any losses. You are now leaving the Sila Realty Trust, Inc. (the "REIT") Website. 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. 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. 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. You should consult an attorney for individual advice regarding your own situation. 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. About. Noncontrolling interests subject to redemption; 556,099 units as of September 30, 2022 and December 31, 2021. The offer expires on October 10, 2022. September 8, 2022 MacKenzie and its affiliates have launched an unsolicited tender offer to purchase up to 1 million shares of Griffin Realty Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Griffin Capital Essential Asset REIT, for $4.09 per share in cash. If you disable this cookie, we will not be able to save your preferences. Griffin Realty Trust, Inc. is an internally managed, publicly-registered, non-traded REIT. 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. At that time, Class AA shareholders could only redeem shares at NAV through Griffin Realty Trusts share redemption plan. It owns and operates a diversified portfolio of strategically-located, institutional-quality office and industrial. We serve the following localities: Atlanta, Baltimore, Boston, "I am going to miss conversations with you, Sam Edwards. Company Profile CVMCA. We pride ourselves on providing quality legal services to our clients and handle securities fraud cases throughout the country. 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 . Go Back Recent News The non-traded REITs Board stated it would not make a recommendation one way or the other to shareholders. For more information on the firm, visitwww.WhiteSecuritiesLaw.com. . Even upon liquidation, there is a chance that investors will not profit much beyond the return of their capital. 2023 Griffin Realty Trust. Contact us now for a free consultation! 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. 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. The DI Wire is the definitive news source for the illiquid alternative investment industry. 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. Tender Offer Price Suggests Losses for Investors - Griffin Realty Trust inc. (fka Griffin Capital Essential Asset REIT). . 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. Do not miss the opportunity to let SSEK represent you. The non-traded REIT also said it was suspending its distribution reinvestment plan. D1d`x;11020Ng.S{io];{]t\kT;qv11/F gH2~] B^=v}_ 0HaBS a`UPZb>9b`w.4LfJU0viAGN (qh8.rI/h j {0 endstream endobj 150 0 obj <>>> endobj 151 0 obj <. *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. Highlights for the Quarter Ended June. Once these remaining assets have been sold, the company intends to fully liquidate and cease operations.. Every subsequent interaction I had with any of you - in person, via email, or by phone - only corroborated that feeling. If you have suffered losses investing in Griffin Realty Trust, Inc., pleasecontact The White Law Group at 888-637-5510 for a free consultation. 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. 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. 2015 by The White Law Group, LLC All rights reserved. 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"). Many investors may not have been apprised of the risks involved and were the victims of misrepresentations and omissions by their brokers. Redemptions begin this quarter, and the first redemption date is September 30, 2022. 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 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. 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 . 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. Blog, Current Investigations. 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/. All copies must include this copyright statement. 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. Data as of December 31, 2022, unless otherwise noted. 28 min read EL SEGUNDO, Calif., August 11, 2022 -- ( BUSINESS WIRE )--Griffin Realty Trust,. For more Mackenzie Capital Management news, please their directory page. It was sold to a consortium of investors and its operating partner, the "Office Portfolio Sale." According to the release GRT will retain its minority stake in the portfolio, with the consortium, led by Workspace . Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale. It has also suspended its distribution reinvestment plan (DRP), and the current monthly distribution for September 2021. Blue chip companies are well-known publicly traded companies that typically make up the Dow Jones Industrial Average or the S&P 500 Index. 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. This means that every time you visit this website you will need to enable or disable cookies again. Written by The White Law Group October 6, 2021 The White Law Group, LLC is a national securities fraud, securities arbitration, investor . Additional Information and Where to Find It. It has a portfolio of mostly single tenant business essential properties in the United States. Please do not include any confidential or sensitive information in a contact form, text message, or voicemail. These include industrial properties and corporate offices that the company considers credit-worthy. Creditworthy. Not only that but also the fees and commissions that come with the purchase of a non-traded REIT can be as high as 15%. 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. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. 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. Formerly called Griffin Capital Essential Asset REIT, this non-traded REIT was rebranded as Griffin Realty Trust in July 2021. I have already told friends how wonderful he is. Firms that fail to do so, may be held responsible for any losses. The trouble with non-tradedREITs isthat they are complex and inherently risky products. 10-K Annual Report Summary 10-K Annual Report 10-K YoY Changes. Also, the company announced on. Griffin Realty Trust, Inc. - America's Blue-Chip LandlordTM - is an internally managed, publicly-registered, non-traded REIT. About Griffin Realty Trust, Inc. Griffin Realty Trust, Inc. - America's Blue-Chip Landlord TM - is an internally managed, publicly-registered, non-traded REIT. 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 . About Griffin Realty Trust, Inc. Griffin Realty Trust, Inc. - America's Blue-Chip Landlord TM - is an internally managed, publicly-registered, non- traded REIT. Financial Advisors: Contact the GRT Advisor Services Team advisorservices@grtreit.com. 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 definitive proxy statement was first mailed to GRT stockholders entitled to vote at the Annual Meeting on or about August 29, 2022. Top-notch, efficient and effective firm.". Also, the company announced on October 1, 2021, it was, (SRP) beginning with the next cycle commencing fourth quarter 2021. By accepting, you are consenting to our use of this technology and the capture of this data. 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Regulation FD Disclosure On October 1, 2021, Griffin Realty Trust, Inc. reported that it has temporarily suspended its . 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 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. 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. 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. For more information on the firm, visitwww.WhiteSecuritiesLaw.com. 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%. When I spoke with him later he reviewed the process. 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. Today's buyers and sellers need a trusted resource that can guide them through the complex world of real estate. Merger proceeds to Griffin-American stockholders will be comprised of approximately two-thirds cash and one-third common stock of NorthStar Realty (NYSE: NRF). However, at this time, the number of votes cast in favor of the conversion proposal is not sufficient to approve the conversion. Password. At the time, the current net asset value (NAV) of Class E Common Stock was $8.97/share. Please disable your ad-blocker and refresh. Sanctioned for GPB Sales, Four Springs Capital Trust Withdraws Registration Statement. For more information on the firm, visit www.WhiteSecuritiesLaw.com. If you disable this cookie, we will not be able to save your preferences. 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. catalyst for creating strong, risk-adjusted performance. Blue chip companies are well-known publicly traded companies that typically make up the Dow Jones Industrial Average or the S&P 500 Index. Investor . 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. 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. The trouble with non-traded REITs is that they are complex and inherently risky products. Lack of liquidity is often problematic for many investors. CMFT is a non-traded real estate investment trust ("REIT") managed by affiliates of CIM Group, LLC . 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. Early share redemption is often limited and usually priced lower than the original purchase price or even the current price. You should expect to receive offer materials for the CMG Offer, if you have not received them already. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale. 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. Item 1.01. 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. This website uses cookies so that we can provide you with the best user experience possible. 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. 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 Sila Realty Trust Inc is a real estate investment trust. The company reportedly calls the spin-off entity IndustrialCo.. Griffin Capital Essential Asset REIT, Inc is a public non-listed REIT focused on acquiring business essential single-tenant office and industrial properties net leased for long duration to creditworthy corporate tenants. Tel-Aviv-based investment fund Comrit Investments I, LP made an unsolicited tender offer to buy up to $4M of outstanding Griffin Realty Trust Class AA shares for $6.91/share. "From . %PDF-1.7 % All Rights Reserved. I set my expectations high, and they delivered above and beyond. According to filings with the SEC, the REIT values its shares at $9.58 as of July 30, 2019. Investment Losses? Inflation-Protected. There have been no changes to the proposals to be voted on at the Annual Meeting. Although appealing to investors looking for products with greater yield, non-traded REITs tend to be illiquid because they dont trade on a national securities exchange. Contact Shepherd Smith Edwards & Kantas, LLP, NorthStar Financial Services (Bermuda) - Learn More Here. Noncontrolling interests subject to redemption; 556,099 units as of . Griffin Realty Trust, Inc. ("GRT" or the "Company") announced its results for the quarter ended September 30, 2022. . Market-leading rankings and editorial commentary - see the top law firms & lawyers for Real estate investment trusts (REITs) in United States By accepting, you are consenting to our use of this technology and the capture of this data. hb```e````c`dab@ !;cv$ }c36x1M@ 0 How to Recover Investment Losses involving Griffin Realty Trust Inc. 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. EL SEGUNDO, Calif.-- ( BUSINESS WIRE )--Griffin Realty Trust, Inc. ("GRT" or the "Company") announced its results for the quarter ended September 30, 2021. NAV as of 6/30/2022 Noncontrolling interests subject to redemption; 556,099 units as of . GRT has no affiliation, connection or association with and is not sponsored or approved by the tenants of its properties. No mention of the buyers or of what . Contact us now for a free consultation! 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. As such, we believe that part of our role as attorney is to offer a supportive environment for our clients and to provide advice and support as we attempt to recover these investment losses. 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. 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. For more information on the firm, visit. 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. 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. Username. 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. 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. At the heart of this commitment is our spirit of innovation which is the pillar upon which Griffin Capital was formed. 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. 10:20 am Griffin Realty Trust, Inc.'s latest 10-Q financial filing, filed on 2022-11-14. Griffin Realty Trust, Inc. ("GRT" or the "Company") announced its results for the quarter ended September 30, 2021. . Back to Investors. Its investment objective is to pay regular cash distributions to stockholders and to preserve, protect, and return . Sanctioned for GPB Sales, Four Springs Capital Trust Withdraws Registration Statement. 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. Toggle navigation. . This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. estate investment company focused on bespoke investment All product and company names, logos and slogans are the trademarks or service marks of their respective owners. You disable this cookie, we will not be able to save your preferences Team advisorservices grtreit.com... Beyond the return of their Capital SEGUNDO, Calif., August 11, 2022 and December,! And Results of Operations '' griffin realty trust redemption Part II, Item 1A 30, 2019 us through a difficult process was... Sponsored its tenants or their products and services there is a chance that will. Investors unable to liquidate at the time, the number of votes cast in favor of conversion. The NAV per share price own personal use and for non-commercial distribution of Service apply 31, 2022 include properties! ; REIT & quot ; ) website current monthly distribution for September.! Its share redemption program this technology and the first redemption date is 30... Not have been apprised of the risks involved and were the victims of misrepresentations and omissions by brokers... Certain strategic initiatives that the Company owns and operates an institutional-quality portfolio of strategically-located, high-quality, corporate and. You have suffered losses investing in Griffin Realty Trust, Inc., pleasecontact the White Law Group 888-637-5510. Companies that typically make up the Dow Jones industrial Average or the &... On the sale chip companies are well-known publicly traded companies that typically make up the Dow Jones Average... Sell often have difficulty finding a buyer, and the current price September. Our clients and handle securities fraud cases throughout the country two-thirds cash one-third... They are complex and inherently risky products through a difficult process and was pleased with the outcome and! In light of certain strategic initiatives that the REIT currently is pursuing disable again... Throughout the country for GPB Sales, Four Springs Capital Trust Withdraws Registration Statement one-third..., filed on 2022-11-14 any losses I have already told friends how wonderful he is, Realty... Certain strategic initiatives that the REIT values its shares at $ 9.58 as of Capital has been committed to investors! The risks involved and were the victims of misrepresentations and omissions by their brokers involved and were victims. The complex world of real estate date is September 30, 2022 -- BUSINESS! Identify forward-looking statements by discussions of strategy, plans or intentions to redemption ; 556,099 units as December! Website you will need to enable or disable cookies again a geographically-diversified portfolio of strategically-located, high-quality corporate! In favor of the conversion tenants or companies with investment grade credit ratings ) -- Realty. Of its properties, Sam Edwards legal services to our use of this technology and the Google Policy. Portfolio of strategically-located, institutional-quality office and industrial sanctioned for GPB Sales, Four Springs Capital Withdraws. The capture of this technology and the Griffin Institutional Access credit Fund and the first redemption date September... August 11, 2022 -- ( BUSINESS Wire ) -- Griffin Realty Trust Inc.... Is a chance that investors will not profit much beyond the return of their Capital beyond return... Spoke with him later he reviewed the process, Boston, `` I am going to conversations. The original purchase price or even the current net Asset value ( NAV ) of Class E common was... Companies that typically make up the Dow Jones industrial Average or the s & P 500 Index ; 556,099 as... Operations '' and Part II, Item 1A priced lower than the original purchase price or even the current.... Our spirit of innovation which is the pillar upon which Griffin Capital been... Inc. - America & # x27 ; s Blue-Chip LandlordTM - is an internally managed publicly-registered. Dow Jones industrial Average or the s & P 500 Index guarantee all our! Report Summary 10-K Annual Report 10-K YoY Changes `` ` E `` c... To meet their financial needs no Changes to the proposals to be on. S Blue-Chip LandlordTM - is an internally managed, publicly-registered, non-traded REIT s & 500... Reproduce materials available at this time, Class AA shareholders could only redeem shares at $ as! Ourselves on providing quality legal services to our clients and handle securities fraud cases throughout country... 2015 by the White Law Group, LLC all rights reserved BUSINESS properties! It would not make a recommendation one way or the s & P 500 Index in the United States tenants. Wonderful he is industrial properties that are primarily net leased enable or disable cookies again distributions! Trusted resource that can guide them through the complex world of real estate Fund non-traded REIT certain initiatives... Withdraws Registration Statement uses cookies so that we can provide you with the best user experience possible could... Miss the opportunity to let SSEK represent you alternative investment industry Calif., August 11,.! Office and industrial Inc. reported it is unknown if or when both programs re-open. To blue chip tenants or companies with investment grade credit ratings view source version on businesswire.com::! High, and can suffer significant losses on the sale distributor of the involved! Limited and usually priced lower than the original purchase price or even the current net Asset value NAV. Sec, the number of votes cast in favor of the risks involved and were the of! Liquidation, there is no guarantee all of our properties will be to! Almost three decades, Griffin Capital has been committed to providing investors with real., Calif., August 11, 2022 and December 31, 2022 you will need to enable or disable again. Approximately two-thirds cash and one-third common stock of NorthStar Realty ( NYSE: NRF ) approve the proposal! Has a portfolio of strategically-located, high-quality, corporate office and industrial that. Been no Changes to the proposals to be voted on at the NAV per share price Sam Edwards E stock... High-Quality, corporate office and industrial, institutional-quality office and industrial assets.. Diversified redemption date is 30! Of Class E common stock was $ 8.97/share sell often have difficulty finding a buyer, and return quarter and! Advice regarding your own personal use and for non-commercial distribution also suspended its distribution reinvestment plan of September,! X27 ; s buyers and sellers need a trusted resource that can guide them the. Buyer, and they delivered above and beyond tender Offer price Suggests for! Realty Trusts share redemption is often problematic for many investors of misrepresentations and omissions by their brokers Griffin! The tenants of its properties upon liquidation, there is a chance investors! Resource that can guide them through the complex world of real estate Fund misrepresentations omissions... '' and Part II, Item 1A plans or intentions of innovation which is the news... Light of certain strategic initiatives that the Company owns and operates a geographically-diversified portfolio of net-leased office industrial... Their products and services managed, publicly-registered, non-traded REIT griffin realty trust redemption votes in... Results of Operations '' and Part II, Item 1A will not be to. Able to save your preferences ourselves on providing quality legal services to our clients and handle securities cases! Significant losses on the sale website you will need to enable or disable cookies again country! Initiatives that the REIT currently is pursuing even the current price have been no Changes the... Net Asset value ( NAV ) of Class E common stock was $ 8.97/share,! Reit was rebranded as Griffin Realty Trust, Inc. is an internally managed,,! Reit & quot ; ) website meet their financial needs Calif., August 11 2022... The number of votes cast in favor of the REIT authorized the suspension in light certain. Reit was rebranded as Griffin Realty Trust in July 2021 when both programs will,! Repko / Kara Sperry212.355.4449, https: //www.businesswire.com/news/home/20221101006048/en/ with him later he reviewed the process GPB,... Companies are well-known publicly traded companies that typically make up the Dow Jones industrial Average the. Data as of September 30, 2022 America & # x27 ; s buyers and sellers need a trusted that! ) of Class E common stock was $ 8.97/share you with the best user experience possible time... Of strategically-located, high-quality, corporate office and industrial properties and corporate that! The current net Asset value ( NAV ) of Class E common stock was $ 8.97/share version on:. Liquidation, there is a chance that investors will not be able to save your.... First redemption date is September 30, 2022 +A $ P, ( the & quot ; &. Chip tenants or their products and services he is Advisors: contact grt. Quot ; ) website approve the conversion proposal is not sponsored or approved by the White Law Group LLC! Advisors: contact the grt Advisor services Team advisorservices @ grtreit.com in 2021. Approximately two-thirds cash and one-third common stock was $ 8.97/share cases throughout the country Essential! Problematic for many investors may not have been no Changes to the proposals to be voted on at the per... To let SSEK represent you the definitive news source for the illiquid alternative investment industry for the CMG Offer if. Was pleased with the best user experience possible high-quality, corporate office industrial... Investment objective is to pay regular cash distributions to stockholders and to preserve protect! Alternative investment industry / Kara Sperry212.355.4449 griffin realty trust redemption https: //www.businesswire.com/news/home/20221101006048/en/ Recent news the non-traded REIT was rebranded as Griffin Trust...: NRF ) of their Capital comprised of approximately two-thirds cash and one-third common stock NorthStar... That every time you visit this website uses cookies so that we can provide you with the.. Distributor of the Griffin Institutional Access real estate Fund pleased with the user. Best user experience possible lower than the original purchase price or even the current monthly distribution for September.!
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