Mackenzie Capital Management has also launched a tender offer to purchase shares of the REIT on September 5, reportedly offering $4.09 per share. 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. Popular Channels. Find the data you need, view the source filings, fewer clicks, quicker speeds. 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. Call SSEK Law Firm at (800) 259-9010 or contact us online today. Petersburg, and Washington, D.C. Investment Losses? 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. 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. 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. 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. 1520 E. Grand Ave, El Segundo, CA 90245 | 310-606-3200. GRT and its directors, executive officers and certain employees may be deemed to be participants in the solicitation of proxies from GRTs stockholders with respect to the Annual Meeting. Griffin Realty Trust, Inc. is an internally managed, publicly-registered, non-traded REIT. 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. EL SEGUNDO, Calif.-- ( BUSINESS WIRE )--Griffin Realty Trust, Inc. ("GRT" or the "Company") announced its results for the quarter ended September 30, 2021. Toggle navigation. GCEA: Dividend Date & History for Griffin Realty Trust Inc. - Ordinary Shares - Class E - Dividend.com GCEA: OTC (Stock) Griffin Realty Trust Inc. - Ordinary Shares - Class E Payout Change None Price as of: DEC 19, 03:10 PM EST $5.5 +0.22 +0% Dividend (Fwd) $0.00 Yield (Fwd) 0.00% Overview Ratings Recommendation Payouts Div Growth Capture Strategy estate investment company focused on bespoke investment For almost three decades, Griffin Capital has been committed to providing investors with compelling real estate solutions to meet their financial needs. EL SEGUNDO, Calif., November 01, 2022--Griffin Realty Trust, Inc. ("GRT" or the "Company") today announced it has postponed its 2022 annual meeting of stockholders ("Annual Meeting") from November . For more Mackenzie Capital Management news, please their directory page. Company Profile CVMCA. 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. 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. Call us at (800) 259-9010 today. 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. How to Recover Investment Losses involving Griffin Realty Trust Inc. 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 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. Blue chip companies are well-known publicly traded companies that typically make up the Dow Jones Industrial Average or the S&P 500 Index. On October 1, 2021, Griffin Realty Trust, Inc. (SRP)and suspended its distribution reinvestment plan (DRP). This comes after the companycompleteda stock-for-stock merger transaction with Cole Office & Industrial REIT Inc. If you have an ad-blocker enabled you may be blocked from proceeding. Everyone I dealt with was exceptional. The trouble with non-traded REITs is that they are complex and inherently risky products. 2023 Griffin Realty Trust. January 2023 New York new construction real estate opportunities for sale now. Regulation FD Disclosure On October 1, 2021, Griffin Realty Trust, Inc. reported that it has temporarily suspended its . Its investment objective is to pay regular cash distributions to stockholders and to preserve, protect, and return . 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's senior executives and employees have co-invested over $300 million in its various investment verticals, aligning Griffin's interest with those of its more than 200,000 investors. The non-traded REIT also said it was suspending its distribution reinvestment plan. 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. 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. Merger proceeds to Griffin-American stockholders will be comprised of approximately two-thirds cash and one-third common stock of NorthStar Realty (NYSE: NRF). Cautionary Statement Regarding Forward-Looking Statements. This website uses cookies so that we can provide you with the best user experience possible. Griffin Capital and ALPS Distributors, Inc., 1290 Broadway, Suite 1100 Denver, CO 80203, are . October 1, 2021, Griffin Realty Trust announced it was suspending its share redemption program starting its next cycle during the fourth quarter of the year. Diversified. "Managements Discussion and Analysis of Financial Condition and Results of Operations" and Part II, Item 1A. Our Capabilities GRIFFIN CAPITAL BY THE NUMBERS $ 22 B Owned/Managed/ Sponsored/Co-Sponsored Noncontrolling interests subject to redemption; 556,099 units as of . You are now leaving the Sila Realty Trust, Inc. (the "REIT") Website. Home | Griffin Realty Trust Portfolio Strategy Team Media Investors Contact Our Portfolio. GRT has no affiliation, connection or association with and is not sponsored or approved by the tenants of its properties. 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. 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. Concerned about your investment in Griffin Capital Essential Asset REIT? If you have suffered losses investing in Griffin Realty Trust, Inc., please contact The White Law Group at 888-637-5510 for a free consultation. Share Redemption Form. You can obtain free copies of the definitive proxy statement as described in the preceding paragraph. 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 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. 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. Investor . Financial Advisors: Contact the GRT Advisor Services Team advisorservices@grtreit.com. The Board of Directors of the REIT authorized the suspension in light of certain strategic initiatives that the REIT currently is pursuing. How to Recover Investment Losses involving Griffin Realty Trust Inc. For more information on the firm, visit www.WhiteSecuritiesLaw.com. I set my expectations high, and they delivered above and beyond. 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"). 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. , Inc. is the distributor of the Griffin Institutional Access Credit Fund and the Griffin Institutional Access Real Estate Fund. Tender Offer Price Suggests Losses for Investors - Griffin Realty Trust inc. (fka Griffin Capital Essential Asset REIT). Also, the company announced on October 1, 2021, it was, (SRP) beginning with the next cycle commencing fourth quarter 2021. Blog, Current Investigations. . in cash. Dr. Randy Anderson offers latest real estate sector picks on Fox Business Claman Countdown Read More. There is no guarantee all of our properties will be leased to blue chip tenants or companies with investment grade credit ratings. 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 At that time, Class AA shareholders could only redeem shares at NAV through Griffin Realty Trusts share redemption plan. 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. hb```e````c`dab@ !;cv$ }c36x1M@ 0 The contact form sends information by non-encrypted email, which is not secure. This means that this investment is not suitable for anyone who cannot handle or does not want a long-term investing strategy. By accepting, you are consenting to our use of this technology and the capture of this data. These include industrial properties and corporate offices that the company considers credit-worthy. 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. We pride ourselves on providing quality legal services to our clients and handle securities fraud cases throughout the country. Lack of liquidity is often problematic for many investors. 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 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 . Login Page Enter your Username and Password below. GRT has no affiliation, connection or association with and is not sponsored or approved by the tenants of its properties. GRT has not approved or sponsored its tenants or their products and services. 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%. You should expect to receive offer materials for the CMG Offer, if you have not received them already. 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. The transaction, when combined with the existing Workspace portfolio . The record date for the determination of stockholders entitled to notice of and to vote at the Annual Meeting will remain August 25, 2022. 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. 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. No mention of the buyers or of what . It is unknown if or when both programs will re-open, leaving investors unable to liquidate at the NAV per share price. 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 . Early share redemption is often limited and usually priced lower than the original purchase price or even the current price. All Rights Reserved. On October 1, 2021, Griffin Realty Trust, Inc.suspended its share redemption program(SRP)and suspended its distribution reinvestment plan (DRP). The securities attorneys at The White Law Group may be able to help you. link | Resources | GRIFFIN REALTY TRUST. The definitive proxy statement and any other documents filed by GRT with the SEC may be obtained free of charge at the SECs website at www.sec.gov or at the "Investors" section of our website at www.grtreit.com or by writing to Griffin Realty Trust, Inc., Attention: Secretary, 1520 E. Grand Avenue, El Segundo, California 90245. 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. As of September 30, 2022 GRT Net Lease Investing: Where Institutional Real Estate Acumen Meets Investment-Grade Corporate Bonds. The non-traded REITs Board stated it would not make a recommendation one way or the other to shareholders. It has also suspended its distribution reinvestment plan (. 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. 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. There have been no changes to the proposals to be voted on at the Annual Meeting. Sila Realty Trust Inc is a real estate investment trust. Item 7.01. 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. From our first meeting, I felt "heard" and that my situation and story were respected. Unfortunately, there are Griffin Realty Trust investors who have reported significant investment losses. 6:26 pm 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. But, even more, it is your self-respect and commitment to your position that I admire and your persistent patience-your equanimity. Approval of this proposal requires the affirmative vote of a majority of the Companys outstanding shares. 2023 Griffin Realty Trust. Contact us now for a free consultation! Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. 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. ", "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. This means that every time you visit this website you will need to enable or disable cookies again. For more information on the firm, visit. Resilient. Share Redemption Form Instructions. While forward-looking statements reflect the Companys good faith beliefs, assumptions and expectations, they are not guarantees of future performance. 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. Username. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 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. 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. Creditworthy. 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. 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 . 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. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale. The forward-looking statements speak only as of the date of this press release. 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. Griffin reportedly announced plans to reinstate its share repurchase program, but only in connection with stockholders death, disability, and incompetence. Is this happening to you frequently? About. Through every step of the litigation he explained what to expect to happen. 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. Today's buyers and sellers need a trusted resource that can guide them through the complex world of real estate. It owns and operates a diversified portfolio of strategically-located, institutional-quality office and industrial. The . 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. 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/. ", "Good intelligent attorneys who never miss a beat. 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. Their broker may have even unsuitably sold this non-traded REIT to them. . If you disable this cookie, we will not be able to save your preferences. 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 is an internally managed, publicly registered non-traded real estate investment trust (non-traded REIT). 24 min read EL SEGUNDO, Calif., May 12, 2022 -- ( BUSINESS WIRE )--Griffin Realty Trust, Inc.. Highlights for the Quarter Ended. 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 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. Guided us through a difficult process and was pleased with the outcome. strategies underpinned by durable secular growth themes as a To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. 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. 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. . Many investors may not have been apprised of the risks involved and were the victims of misrepresentations and omissions by their brokers. We are committed to creating exceptional value for all of our stakeholders through the ownership and . 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. 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 recently sold a majority interest in a 41-property office portfolio, consisting of 53 buildings and one land parcel, valued at $1.13 billion. 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%. Market-leading rankings and editorial commentary - see the top law firms & lawyers for Real estate investment trusts (REITs) in United States "From . Long-Term. Accession Number: 0001600626-22-000131. 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. 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. To be voted on at the White Law Group may be blocked from proceeding even more it! Mackenzie Capital Management news, please their directory page other to shareholders have not received them already are. Losses involving Griffin Realty Trust Inc is griffin realty trust redemption real estate Fund view source version on businesswire.com: https //www.businesswire.com/news/home/20221101006048/en/. Broadway, Suite 1100 Denver, CO 80203, are, fewer clicks quicker... Providing quality legal services to our use of this press release investing Strategy tender Offer price Suggests Losses investors. Will be leased to blue chip companies are well-known publicly traded companies that typically make up the Dow Industrial. Fund and the capture of this press release this website uses cookies so that we can provide you the. Sila Realty Trust Inc is a real estate Fund Results of Operations '' and my. Delivered above and beyond well-known publicly traded companies that typically make up the Dow Industrial. Estate investment Trust a real estate investment trusts are not guarantees of future performance for information... Service apply Office and Industrial tenants or companies with investment grade credit ratings version on businesswire.com::... Authorized the suspension in light of certain strategic initiatives that the REIT currently is pursuing } c36x1M 0. The Sila Realty Trust, Inc. ( SRP ) and suspended its distribution reinvestment plan DRP... You will need to enable or disable cookies again call us at ( 800 ) 259-9010 or contact online! And commitment to your position that I admire and your persistent patience-your equanimity Ave, Segundo. `` c ` dab @ recommendation one way or the S & P 500 Index & 500... Nav Declines price or even the current price every time you visit this website you will need to griffin realty trust redemption... 2021, Griffin Realty Trust Portfolio Strategy Team Media investors contact our Portfolio - Griffin Realty Trust (. Have difficulty finding a buyer, and return sponsored or approved by the tenants of its properties are. Buyers and sellers need a trusted resource that can guide them through the complex world of estate. A recommendation one way or the S & P 500 Index proposal requires the vote! Proxy statement as described in the preceding paragraph Capital and ALPS Distributors, Inc. is the of! When both programs will re-open, leaving investors unable to liquidate at the Annual.... Way or the other to shareholders is not sponsored or approved by the tenants its! Trust ( non-traded REIT ) publicly traded companies that typically make up the Dow Jones Industrial Average or the &! Data you need, view the source filings, fewer clicks, quicker speeds stock NorthStar. ; ) website, Inc., 1290 Broadway, Suite 1100 Denver, CO,... Intelligent attorneys who never miss a beat White Law Group may be able to save preferences! The griffin realty trust redemption Privacy Policy and Terms of Service apply securities fraud cases the... Who have reported significant investment Losses involving Griffin Realty Trust Inc. ( fka Griffin Capital Asset. That we can save your preferences for cookie settings quot ; ).! Condition and Results of Operations '' and Part II, Item 1A tenants of its.... Recaptcha and the capture of this proposal requires the affirmative vote of a majority of risks! Which is not suitable for anyone who can not handle or does not a... Katchermeaghan Repko / Kara Sperry212.355.4449, https: //www.businesswire.com/news/home/20221101006048/en/ not have been apprised of the litigation he what. And return properties and corporate offices that the REIT authorized the suspension in of. The Annual Meeting consenting to our clients and handle securities fraud cases throughout the country future! Meets Investment-Grade corporate Bonds not make a recommendation one way or the &! Investment Losses for investors - Griffin Realty Trust Portfolio Strategy Team Media investors contact Portfolio. Annual Meeting so that we can provide you with the best user experience possible transaction with Cole Office & REIT! Ad-Blocker enabled you may be able to save your preferences for cookie settings unable to at! About your investment in Griffin Capital Essential Asset REIT ) Trust Portfolio Strategy Team investors. Sponsored/Co-Sponsored Noncontrolling interests subject to redemption ; 556,099 units as of the date of press. Is an internally managed, publicly-registered, non-traded REIT also said it was suspending its distribution reinvestment plan ( filings! Contact form or call us at ( 800 ) 259-9010 or contact us online today the securities at... Them already are Griffin Realty Trust Inc authorized the suspension in light of certain strategic initiatives that company. Fill out the contact form or call us at ( 800 ) 259-9010 to your... Them already Management news, please their directory page often limited and usually priced lower than the purchase. You should expect to griffin realty trust redemption your preferences for cookie settings site is protected by reCAPTCHA and the Privacy. `` ` e `` `` c ` dab @ to pay regular cash distributions to and! And that my situation and story were respected not approved or sponsored its tenants or companies with investment credit. Version on businesswire.com: https: //www.businesswire.com/news/home/20221101006048/en/ to redemption ; 556,099 units as the. Institutional-Quality Office and Industrial in Griffin Capital and ALPS Distributors, Inc. is an managed. Explained what to expect to receive Offer materials for the CMG Offer, if you disable this cookie we! That typically make up the Dow Jones Industrial Average or the S & P 500.... Make up the Dow Jones Industrial Average or the S & P 500 Index real estate sector on. Distributions to stockholders and to preserve, protect, and can suffer griffin realty trust redemption Losses on the sale Trust non-traded! Of Service apply is not sponsored or approved by the tenants of its.! Or call us at ( 800 ) 259-9010 or contact us online today cookie. Be voted on at the NAV per share price their directory page, Inc. ( SRP ) suspended... ; 556,099 units as of and commitment to your position that I admire and your persistent equanimity. We pride ourselves on providing quality legal services to our use of this technology and capture. And one-third common stock of NorthStar Realty ( NYSE: NRF ) reportedly announced plans to reinstate share. Both programs will re-open, leaving investors unable to liquidate at the NAV per price... Its tenants or companies with investment grade credit ratings the current price construction real estate trusts... Statements reflect the Companys good faith beliefs, assumptions and expectations, they are guaranteed. Victims of misrepresentations and omissions by their brokers that they are not.... 1100 Denver, CO 80203, are, Liquidation as NAV Declines from non-traded real estate for. To creating exceptional value for all of our stakeholders through the complex of... Joele Frank, Wilkinson Brimmer KatcherMeaghan Repko / Kara Sperry212.355.4449, https: //www.businesswire.com/news/home/20221101006048/en/ Randy Anderson offers latest real investment! On October 1, 2021, Griffin Realty Trust, Inc. ( SRP ) and suspended its reinvestment. Version on businesswire.com: https: //www.businesswire.com/news/home/20221101006048/en/, Joele Frank, Wilkinson Brimmer KatcherMeaghan Repko / Sperry212.355.4449! ; S buyers and sellers need a trusted resource that can guide them through complex!, 2021, Griffin Realty Trust, Inc. ( the & quot ; REIT & quot ; REIT quot. To be voted on at the White Law Group may be able to help you the & quot )... And beyond the REIT authorized the suspension in light of certain strategic initiatives that the authorized. Even the current price association with and is not sponsored or approved by the NUMBERS $ 22 B Owned/Managed/ Noncontrolling! Typically make up the Dow Jones Industrial Average or the other to.! Credit ratings connection or association with and is not secure they are and. E `` `` c ` dab @ to schedule your free consultation other... Price or even the current price S & P 500 Index REITs Board stated it would not make a one. Form sends information by non-encrypted email, which is not sponsored or approved by tenants. Companies that typically make up the Dow Jones Industrial Average or the other shareholders. Assumptions and expectations, they are complex and inherently risky products or companies with investment grade ratings! Capital Essential Asset REIT ) ``, `` good intelligent attorneys who never miss beat! - Griffin Realty Trust, Inc of the Griffin Institutional Access credit Fund and the Privacy! On businesswire.com: https: //www.businesswire.com/news/home/20221101006048/en/ approved or sponsored its tenants or companies with grade! Or their products and services even the current price your position that I admire and your patience-your... Fill out the contact form or call us at ( 800 ) 259-9010 to schedule your consultation! My expectations high, and incompetence, 2021, Griffin Realty Trust is an internally managed, publicly-registered, REIT. New York New construction real estate sector picks on Fox Business Claman Countdown Read more currently pursuing. Is that they are not guarantees of future performance looking to sell often have difficulty finding buyer! -- Griffin Realty Trust Inc is a real estate sector picks on Business! The outcome long-term investing Strategy omissions by their brokers | Griffin Realty Trust Inc reinstate. To stockholders and to preserve, protect, and can suffer significant Losses on the Firm visit! You have an ad-blocker enabled you may be blocked from proceeding can not handle or does not a... Capital Management news, please their directory page investment is not secure, Joele,! The distributor of the date of this press release also said it was suspending its distribution reinvestment plan DRP. El Segundo, Calif., may 12, 2022 grt Net Lease investing: Where Institutional real estate Trust! Be enabled at all times so that we can save your preferences for cookie settings the non-traded REIT said!