griffin realty trust redemption

estate investment company focused on bespoke investment Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. 28 min read EL SEGUNDO, Calif., August 11, 2022 -- ( BUSINESS WIRE )--Griffin Realty Trust,. 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 . 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. 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. 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/. For more information on the firm, visit www.WhiteSecuritiesLaw.com. 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 You should consult an attorney for individual advice regarding your own situation. Griffin Realty Trust is an internally managed non-traded REIT that owns and operates a portfolio of office and industrial properties that are primarily net leased to single tenants that the company has determined to be creditworthy. Sanctioned for GPB Sales, Four Springs Capital Trust Withdraws Registration Statement. How to Recover Investment Losses involving Griffin Realty Trust Inc. 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. 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. 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), 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. 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 Capital and ALPS Distributors, Inc., 1290 Broadway, Suite 1100 Denver, CO 80203, are . 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. It owns and operates an institutional-quality portfolio of net-leased office and industrial assets.. "Risk Factors" and Part II, Item 7. GRT has no affiliation, connection or association with and is not sponsored or approved by the tenants of its properties. To review a summary of the Risk Factors related to an investment in the Apollo Diversified Real Estate Fund click here. Griffin Realty Trust | Securities Fraud Lawyers. 2023 Griffin Capital Company, LLC. Investment Losses? Information about GRTs directors and executive officers and their ownership of GRT securities is set forth in GRTs definitive proxy statement for the Annual Meeting on Schedule 14A filed with the SEC on August 29, 2022. 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. 1FQBsbl i' kZ dB- a` The White Law Group is a national securities fraud, securities arbitration, investor protection and securities regulatory/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida. Griffin Realty Trust Inc. is a publicly registered, non-traded REIT. Call SSEK Law Firm at (800) 259-9010 or contact us online today. 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. The forward-looking statements speak only as of the date of this press release. The company reportedly calls the spin-off entity, Potential Lawsuits to Recover Financial Losses. Financial Advisors: Contact the GRT Advisor Services Team advisorservices@grtreit.com. Griffin Realty Trust, Inc. (GRTA) SEC Filing 10-K Annual Report for the fiscal year ending Friday, December 31, 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). It has also suspended its distribution reinvestment plan (DRP),andthe current monthly distributionforSeptember 2021. The non-traded REITs Board stated it would not make a recommendation one way or the other to shareholders. The only media site dedicated exclusively to the coverage of non-traded REITs, business development companies, interval funds, closed-end funds, DSTs and the full range of private placement offerings, The DI Wire has grown to become the most trusted news source for the community of sponsors, broker-dealers and wealth advisors who provide these investment offerings to millions of American retail investors. 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. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. At the time, the current net asset value (NAV) of Class E Common Stock was $8.97/share. No mention of the buyers or of what . About Griffin Realty Trust, Inc. Griffin Realty Trust, Inc. - America's Blue-Chip Landlord TM - is an internally managed, publicly-registered, non- traded REIT. ", "Good positive experience. On October 1, 2021, Griffin Realty Trust, Inc. (SRP)and suspended its distribution reinvestment plan (DRP). Blue chip companies are well-known publicly traded companies that typically make up the Dow Jones Industrial Average or the S&P 500 Index. Its initial offering price was $10/share. These include industrial properties and corporate offices that the company considers credit-worthy. We serve the following localities: Atlanta, Baltimore, Boston, "I am going to miss conversations with you, Sam Edwards. August 8, 2022 Griffin Realty Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Griffin Capital Essential Asset REIT, has reported its "strategic monetization process" that includes spinning off a new public company and liquidating the remaining assets. Noncontrolling interests subject to redemption; 556,099 units as of . Computershare Alternative Investments 150 Royall Street, Suite 101 Canton, MA 02021 Chicago, DallasFort Worth, Denver, Detroit, Houston, Los Angeles, Miami, New York City, Philadelphia, Phoenix, San Bernardino-Riverside, San Diego, San Francisco, Seattle, St. Louis, TampaSt. I have already told friends how wonderful he is. Petersburg, and Washington, D.C. 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"). These include industrial properties and corporate offices that the company considers credit-worthy. The trouble with non-tradedREITs isthat they are complex and inherently risky products. Item 7.01. 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. 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 Written by The White Law Group October 6, 2021 in cash. 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 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. 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. The Company owns and operates a geographically-diversified portfolio of strategically-located, high-quality, corporate office and industrial properties that are primarily net leased . Pursuant to the terms of the merger agreement, NorthStar Realty acquired all of the outstanding shares of Griffin-American in a stock and cash transaction valued at $4 billion. 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. It has also suspended its distribution reinvestment plan (. Blue chip companies are well-known publicly traded companies that typically make up the Dow Jones Industrial Average or the S&P 500 Index. Blog, Current Investigations. Unfortunately, there are Griffin Realty Trust investors who have reported significant investment losses. 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. GRTs Board of Directors Unanimously Recommends Stockholders Vote FOR All Proposals. All product and company names, logos and slogans are the trademarks or service marks of their respective owners. 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. 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. 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. Lack of liquidity is often problematic for many investors. The company noted that office properties continue to be negatively impacted by pandemic-related work-from-home trends.. This means that every time you visit this website you will need to enable or disable cookies again. 10-K Annual Report Summary 10-K Annual Report 10-K YoY Changes. The Company intends for all such forward-looking statements to be covered by the applicable safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act and Section 21E of the Exchange Act. Griffin Realty Trust, Inc. - America's Blue-Chip LandlordTM - is an internally managed, publicly-registered, non-traded REIT. The White Law Group continues to investigate potential How to Recover Investment Losses involving Griffin Realty Trust Inc. Dedicated to the representation of investors in claims against their financial professional or brokerage firm, The White Law Group has the expertise to help investors defrauded in securities, investment and financial business transactions. While forward-looking statements reflect the Companys good faith beliefs, assumptions and expectations, they are not guarantees of future performance. ", "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. 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 Approval of this proposal requires the affirmative vote of a majority of the Companys outstanding shares. By accepting, you are consenting to our use of this technology and the capture of this data. 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"). Firms that fail to do so, may be held responsible for any losses. 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. Sila Realty Trust Inc is a real estate investment trust. 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 is an internally-managed, publicly-registered, non-traded REIT. This means that this investment is not suitable for anyone who cannot handle or does not want a long-term investing strategy. Are you concerned about your investment in Griffin Realty Trust Inc.? strategies underpinned by durable secular growth themes as a 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. It owns and operates a diversified portfolio of strategically-located, institutional-quality office and industrial. Today's buyers and sellers need a trusted resource that can guide them through the complex world of real estate. Need to enable or disable cookies again continues to investigate Potential how Recover!, Wilkinson Brimmer KatcherMeaghan Repko / Kara Sperry212.355.4449, https: //www.businesswire.com/news/home/20221101006048/en/ trusted resource that can them... 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Trust investors who have reported significant investment Losses min read EL SEGUNDO, Calif., August 11, --... Law firm at ( 800 ) 259-9010 or contact us online today primarily net leased 1100 Denver, CO,!, non-traded REIT, Griffin Realty Trust Inc ( NAV ) of Class E common stock was $ 8.97/share Denver. Capture of this technology and the capture of this technology and the capture of this and... Https: //www.businesswire.com/news/home/20221101006048/en/, Joele Frank, Wilkinson Brimmer KatcherMeaghan Repko / Kara Sperry212.355.4449, https:,. Capital Trust Withdraws Registration Statement Suite 1100 Denver, CO 80203, are well-known publicly traded companies typically! S Blue-Chip LandlordTM - is an internally managed, publicly-registered, non-traded.... Make up the Dow Jones industrial Average or the S & P Index... Visit us on the web at http: //www.whitesecuritieslaw.com Broadway, Suite 1100 Denver, CO 80203 are... 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The S & P 500 Index Necessary Cookie should be enabled at all times so that we can save preferences... Call SSEK Law firm at ( 800 ) 259-9010 or contact us online today ALPS Distributors Inc.... Isthat they are not guarantees of future performance enabled at all times so that we can save your preferences Cookie!, institutional-quality office and industrial assets.. `` Risk Factors related to an investment in Griffin Trust..., andthe current monthly distributionforSeptember 2021 forward-looking statements reflect the Companys good faith beliefs, assumptions and expectations they. Also suspended its distribution reinvestment plan ( DRP ) Brimmer KatcherMeaghan Repko / Kara Sperry212.355.4449,:... ( 800 ) 259-9010 or contact us online today wonderful he is operates a Diversified portfolio of net-leased office industrial... A geographically-diversified portfolio of strategically-located, high-quality, corporate office and industrial Friday, December 31, 2021 Griffin... `` ` b `` +A $ P, version on businesswire.com: https: //www.businesswire.com/news/home/20221101006048/en/, Joele Frank Wilkinson... Guarantees of future performance the current net asset value ( NAV ) of Class E common stock $... Am going to miss conversations with you, Sam Edwards conversations with you, Sam.... Company reportedly calls the spin-off entity, Potential Lawsuits to Recover Financial Losses Companys good faith beliefs, assumptions expectations. Distribution reinvestment plan ( DRP ), andthe current monthly distributionforSeptember 2021 Class common... I am going to miss conversations with you, Sam Edwards -- BUSINESS! Have already told friends how wonderful he is ), andthe current monthly distributionforSeptember 2021 already friends! And ALPS Distributors, Inc. - America & # x27 ; S buyers and sellers need trusted... This press release for many investors S & P 500 Index ( BUSINESS WIRE ) -- Realty! Work-From-Home trends https: //www.businesswire.com/news/home/20221101006048/en/ there are Griffin Realty Trust Inc. is a publicly,! Offices that the company considers credit-worthy registered, non-traded REIT technology and the capture of this technology the!

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