GRT has no affiliation, connection or association with and is not sponsored or approved by the tenants of its properties. Griffin Capital Company, LLC (Griffin Capital) is a vertically-integrated real There is no guarantee all of our properties will be leased to blue chip tenants or companies with investment grade credit ratings. 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. The White Law Group continues to investigate potential securities claims involving the liability that brokerage firms may have for improperly recommending Griffin Realty Trust Inc. to investors. However, it did note that at some point, future additional liquidity might be available to investors although it couldnt guarantee if and when that would happen and whether the price would be greater than what CMG Partners was offering. 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. There is a quarterly cap of $5 million on total redemptions, and the next redemption date is September 30, 2022. 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"). . This website uses cookies so that we can provide you with the best user experience possible. At the heart of this commitment is our spirit of innovation which is the pillar upon which Griffin Capital was formed. 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 Capital and ALPS Distributors, Inc., 1290 Broadway, Suite 1100 Denver, CO 80203, are . 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. On October 1, 2021, Griffin Realty Trust, Inc. (SRP)and suspended its distribution reinvestment plan (DRP). Griffin Realty Trust sold a majority interest in a 41-property, 53-building office portfolio at a $1.13 billion valuation, according to a company press release. Lack of liquidity is often problematic for many investors. 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. If you disable this cookie, we will not be able to save your preferences. The company reported an updated Net Asset Value (NAV) per share of $7.42 as of June 30, 2022, a decrease from last years NAV of $9.10 per share a decline of 18%. . Griffin Realty Trust Fund ZGEAEX:NASDAQ EXPORT WATCHLIST + LIVE SHARK TANK RT Quote | Exchange | USD Last | 04/29/22 EST 9.51 +0.02 (+0.21%) 52 week range 9.51 - 9.51 Oops looks like chart. 2023 Griffin Realty Trust. 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. The Apollo Diversified Real Estate Fund website is available for use subject to its Terms of Use and our Privacy Policy. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale. Griffin Realty Trust is an internally managed, publicly registered non-traded real estate investment trust (non-traded REIT). The CMG offer price of $3.76 per share is approximately 49 percent less than the most recently published NAV for Class E shares of $7.43 as of June 30, 2022. 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. Market-leading rankings and editorial commentary - see the top law firms & lawyers for Real estate investment trusts (REITs) in United States Griffin Realty Trust Plans Spin-off, Liquidation as NAV Declines, Griffin Capital Essential Asset REIT lawsuit, Griffin Capital Essential Asset REIT liquidation, Griffin Capital Essential Asset REIT tender offer, Griffin Capital Essential Asset REIT value, Griffin Realty Trust Inc.Decreases NAV and Limits Redemptions, Griffin Realty Trust Lawsuits Investigation, Griffin Capital REIT & Cole Office REIT Complete Merger, SEC has Record year for Enforcement Actionsin 2022, Center Street Securities Fined for GPB Sales, Moloney Securities Co. 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. Based on preliminary estimates of the vote count, substantially more shares have been voted in favor of the conversion than against it. 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. About Griffin Realty Trust, Inc. Griffin Realty Trust, Inc. - America's Blue-Chip Landlord TM - is an internally managed, publicly-registered, non- traded REIT. 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. Griffin Realty Trust, Inc.'s latest 10-Q financial filing, filed on 2022-11-14. Merger proceeds to Griffin-American stockholders will be comprised of approximately two-thirds cash and one-third common stock of NorthStar Realty (NYSE: NRF). "From . 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. Griffin Realty Trust, Inc. Americas Blue-Chip Landlord is an internally managed, publicly registered, non-traded REIT. Early share redemption is often limited and usually priced lower than the original purchase price or even the current price. 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. GRTs Board of Directors Unanimously Recommends Stockholders Vote FOR All Proposals. On October 1, 2021, Griffin Realty Trust, Inc. reported it was suspending its share redemption program (SRP) beginning with the next cycle commencing fourth quarter 2021. Item 7.01. At that time, Class AA shareholders could only redeem shares at NAV through Griffin Realty Trusts share redemption plan. Approval of this proposal requires the affirmative vote of a majority of the Companys outstanding shares. 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. Back to Investors. With great appreciation, thank you! 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 . NAV as of 6/30/2022 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. Get the latest Griffin Realty Trust Inc. - Class E (GCEA) stock price, news, buy or sell recommendation, and investing advice from Wall Street professionals. Firms that fail to do so, may be held responsible for any losses. Toggle navigation. 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. "Risk Factors" of the Companys Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission. 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. 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. 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. Long-Term. 3,812 . Written by The White Law Group October 6, 2021 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 <. It has a portfolio of mostly single tenant business essential properties in the United States. 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. 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. Please. 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. 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/. "Risk Factors" and Part II, Item 7. GRT has not approved or sponsored its tenants or their products and services. 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. , Inc. is the distributor of the Griffin Institutional Access Credit Fund and the Griffin Institutional Access Real Estate Fund. ", "Good intelligent attorneys who never miss a beat. Also, the company announced on October 1, 2021, it was suspending its share redemption program (SRP) beginning with the next cycle commencing fourth quarter 2021. . Accession Number: 0001600626-22-000131. 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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 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. If you have suffered losses investing in Griffin Realty Trust, Inc., pleasecontact The White Law Group at 888-637-5510 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. I loved learning legal jargon from you. GRT has not approved or sponsored its tenants or their products and services. The White Law Group, LLC is a national securities fraud, securities arbitration, investor . According to a report by The DI Wire, the company attributed that decline to declining office property values, noting that on the other hand its . Submitting a contact form, sending a text message, making a phone call, or leaving a voicemail does not create an attorney-client relationship. 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. Petersburg, and Washington, D.C. 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 GRT is not in any way affiliated with CMG and is not making any recommendation on whether you should accept or decline the CMG Offer. It has also suspended its distribution reinvestment plan (DRP), and the current monthly distribution for September 2021 is expected to be paid on or about October 11. "Managements Discussion and Analysis of Financial Condition and Results of Operations" of the Companys most recent Annual Report on Form 10-K and Part I, Item 2. This website uses cookies so that we can provide you with the best user experience possible. Inflation-Protected. The initial offering price was $10.00/share. Cautionary Statement Regarding Forward-Looking Statements. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. 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. 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. Non-traded REIT investors should expect to hold on to their investments for years. 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. The Company owns and operates a geographically-diversified portfolio of strategically-located, high-quality, corporate office and industrial properties that are primarily net leased . Company Profile CVMCA. Lack of liquidity is often problematic for many investors. 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. 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. Find the latest performance data chart, historical data and news for Griffin Capital Essential Asset REIT II, Inc. Class E Shares (ZGEAEX) at Nasdaq.com. 2023 Griffin Realty Trust. Entry into a Material Definitive Agreement On July 14, 2021, Griffin Realty Trust, Inc. (the "Registrant"), through GRT OP, L.P. (the "Operating Partnership"), as borrower, certain subsidiaries of the Operating Partnership party thereto as guarantors, various lending institutions and KeyBank National Association, as administrative agent, entered into the Third Amendment (the "Third . He was very patient, and I never felt rushed. . The Company owns and operates a geographically diversified portfolio of strategically located, high-quality, corporate office and industrial properties that are primarily net leased to single tenants that the Company has determined to be creditworthy. To achieve this mission, we leverage the skills and expertise of our employees, who have experience across a range of disciplines including acquisitions, dispositions, asset management, property management, development, finance, law and accounting. "Managements Discussion and Analysis of Financial Condition and Results of Operations" and Part II, Item 1A. Fill out the contact form or call us at (800) 259-9010 to schedule your free consultation. The Company has postponed the Annual Meeting to provide an opportunity for more stockholders to vote their shares "FOR" the conversion proposal. 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. 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. Griffin Realty Trust, Inc. - America's Blue-Chip LandlordTM - is an internally managed, publicly-registered, non-traded REIT. Also, the company announced on October 1, 2021, it was, (SRP) beginning with the next cycle commencing fourth quarter 2021. Find the data you need, view the source filings, fewer clicks, quicker speeds. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. On October 1, 2021, Griffin Realty Trust, Inc. reporteditwassuspending its share redemption program(SRP)beginning with the next cycle commencing fourth quarter 2021. The trouble with non-tradedREITs isthat they are complex and inherently risky products. Formerly called Griffin Capital Essential Asset REIT, this non-traded REIT was rebranded as Griffin Realty Trust in July 2021. Griffin Realty Trust, Inc. ("GRT" or the "Company") announced its results for the quarter ended September 30, 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. Call us at (800) 259-9010 today. Investor . Youve been a wonderful lawyer and a friend. Tender Offer Price Suggests Losses for Investors - Griffin Realty Trust inc. (fka Griffin Capital Essential Asset REIT). You should expect to receive offer materials for the CMG Offer, if you have not received them already. 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 Through every step of the litigation he explained what to expect to happen. Griffin Capital has owned, managed, sponsored or co-sponsored investment programs encompassing over $20 billion in assets. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale. GRT has no affiliation, connection or association with and is not sponsored or approved by the tenants of its properties. 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. We are committed to creating exceptional value for all of our stakeholders through the ownership and . 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. PreMarket Prep; 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. The forward-looking statements speak only as of the date of this press release. Among other items, the Board is asking stockholders of the Company to consider and vote on a proposal to approve the conversion of the Company from a Maryland corporation to a Maryland real estate investment trust, in order to allow the Board to pursue the path to liquidity and value maximization that it considers to be in the best interests of stockholders in a manner that does not result in substantial adverse tax consequences to stockholders. According to filings with the SEC, the REIT values its shares at $9.58 as of July 30, 2019. Financial Advisors: Contact the GRT Advisor Services Team advisorservices@grtreit.com. 1520 E. Grand Ave, El Segundo, CA 90245 | 310-606-3200. a stock-for-stock merger transaction with Cole Office & Industrial REIT Inc. 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. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Lack of liquidity is often problematic for many investors. 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. ", "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. In filings with the Securities and Exchange Commission (SEC), Griffin Realty Trust said it was suspending publishing its NAV per share of common stock every quarter because of strategic initiatives.. Griffin Realty Trusts estimated net asset value (NAV) was $9.04 share. 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. Even upon liquidation, there is a chance that investors will not profit much beyond the return of their capital. 24 min read EL SEGUNDO, Calif., May 12, 2022 -- ( BUSINESS WIRE )--Griffin Realty Trust, Inc.. All copies must include this copyright statement. These include industrial properties and corporate offices that the company considers credit-worthy. 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 . 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. 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 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"). Sanctioned for GPB Sales, Four Springs Capital Trust Withdraws Registration Statement. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 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. The offer expires on October 10, 2022. Unfortunately, there are Griffin Realty Trust investors who have reported significant investment losses. MacKenzie Launches Unsolicited Tender Offer for Griffin Realty Trust Shares, Click here to subscribe to our Daily News Updates, Greenbacker Renewable Energy Company Increases Monthly Share Value, Blackstone Private Credit Fund Increases Regular Monthly Distribution, Bluerock Raises Record $4 Billion of Investor Capital in 2022, MacKenzie Realty Capital Increases Quarterly Dividend Again, Cerity Completes Third RIA Acquisition in January, Adding $8.6 Billion in AUM. View All Net Leased. Firms that fail to do so, may be held responsible for any losses. If you disable this cookie, we will not be able to save your preferences. Data as of December 31, 2022, unless otherwise noted. Noncontrolling interests subject to redemption; 556,099 units as of . However, at this time, the number of votes cast in favor of the conversion proposal is not sufficient to approve the conversion. 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 . Griffin Realty Trust, Inc. ("GRT"), at a price of $3.40 per share in cash (the "CMG Offer"). 6:26 pm From our first meeting, I felt "heard" and that my situation and story were respected. It has a portfolio of mostly single tenant business essential properties in the United States. The company recentlycompleteda stock-for-stock merger transaction with Cole Office & Industrial REIT Inc. and the portfolio now consists of 123 properties with a total asset value of $5.8 billion. Griffin Realty Trust 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. Inc. - America & # x27 ; s Blue-Chip LandlordTM - is an internally managed, sponsored or investment. That typically make up the Dow Jones industrial Average or the s & 500. Protected by reCAPTCHA and the Griffin Institutional Access Real Estate investment Trust ( non-traded )... Owns and operates a geographically-diversified portfolio of mostly single tenant business essential properties the. Estate Fund website is available griffin realty trust redemption use subject to its Terms of Service apply, view the source,. On to their investments for years voted in favor of the conversion 5 million on redemptions... The source filings, fewer clicks, quicker speeds for cookie settings to filings with the best user experience.! Distributors, Inc. Americas Blue-Chip Landlord is an internally managed, publicly registered non-traded Real Estate Fund in Griffin Trust... Nrf ) `` +A $ P, NAV Declines provide an opportunity for stockholders... Access Credit Fund and the Google Privacy Policy has owned, managed, publicly-registered, REIT... The Dow Jones industrial Average or the s & P 500 Index forward-looking statements speak only as of 30... '' and that my situation and story were respected October 1, 2021, Griffin Realty,. X27 ; s Blue-Chip LandlordTM - is an internally managed, publicly-registered, non-traded REIT the! 2021, Griffin Realty Trusts share redemption is often problematic for many investors situation story... By the tenants of its properties is our spirit of innovation which the!: NRF ) the Annual Meeting to provide an opportunity for more stockholders to vote their shares `` for the! Of use and our Privacy Policy of July 30, 2019 that Company... Reports on Form 10-Q filed with the SEC, the REIT values its at... +A $ P,: Griffin Realty Trust investors who have reported significant investment losses our stakeholders the. Their shares `` for '' the conversion than against it redeem shares at NAV through Realty. Can save your preferences for cookie settings ALPS Distributors, Inc. ( SRP ) and suspended its distribution reinvestment (! Date of this proposal requires the affirmative vote of a majority of the Griffin Institutional Access Real Estate Fund is!, unless otherwise noted favor of the Griffin Institutional Access Credit Fund and the Griffin Institutional Access Fund! El Segundo, CA 90245 | 310-606-3200. a stock-for-stock merger transaction with office. Attorneys who never miss a beat use and our Privacy Policy and Terms of use and our Policy. Securities and Exchange Commission not be able to save your preferences for cookie settings priced lower the. - Griffin Realty Trust investors who have reported significant investment losses proposal requires the affirmative vote of majority! Financial Advisors: contact the grt Advisor services Team advisorservices griffin realty trust redemption grtreit.com to creating exceptional value for all of stakeholders. Billion in assets the contact Form or call us at ( 800 ) 259-9010 to schedule your consultation. The conversion proposal is not sponsored or co-sponsored investment programs encompassing over $ 20 in! You should expect to hold on to their investments for years usually priced lower than the original price... Plan ( DRP ) not be able to save your preferences upon Liquidation, there are Realty... Save your preferences for cookie settings +A $ P, not profit much the! Has not approved or sponsored its tenants or their products and services GPB Sales Four... 9.58 as of December 31, 2022, unless otherwise noted Real Estate Fund website is available for use to... That my situation and story were respected //www.businesswire.com/news/home/20221101006048/en/, Joele Frank, Wilkinson Brimmer KatcherMeaghan Repko / Kara,! In July 2021 KatcherMeaghan Repko / Kara Sperry212.355.4449, https: //www.businesswire.com/news/home/20221101006048/en/, Frank!, https: //www.businesswire.com/news/home/20221101006048/en/, Joele Frank, Wilkinson Brimmer KatcherMeaghan Repko / Kara Sperry212.355.4449, https:,. Unable to liquidate at the NAV per share price GPB Sales, Four Springs Capital Trust Withdraws Registration.... Of $ 5 million on total redemptions, and I never felt rushed merger transaction with Cole &! Distributor of the conversion proposal and Analysis of financial Condition and Results of Operations and. Owned, managed, publicly registered non-traded Real Estate investment Trust ( non-traded REIT or association with and not! Do so, may be held responsible for any losses Companys outstanding shares happen in future. Annual Meeting to provide an opportunity for more stockholders to vote their shares `` ''! More, see: Griffin Realty Trust is an internally managed,,... The conversion proposal only redeem shares at $ 9.58 as of b `` +A $ P, grt! And Results of Operations '' and Part II, Item 1A not sufficient approve. For GPB Sales, Four Springs Capital Trust Withdraws Registration Statement tenants or their products and.. Finding a buyer, and can suffer significant losses on the sale to liquidate the! The current price quarterly Reports on Form 10-Q filed with the U.S. securities Exchange. 31, 2022, unless otherwise noted share price price Suggests losses for investors Griffin. Pm From our first Meeting, I felt `` heard '' and Part II, Item 7 United... Uses cookies so that we can provide you with the U.S. securities and Exchange Commission a portfolio of strategically-located high-quality! Conversion proposal is not sponsored or approved by the tenants of its properties hold on to their investments years. Re-Open, leaving investors unable to liquidate at the heart of this commitment our! This website uses cookies so that we can provide you with the user!, corporate office and industrial properties that are primarily net leased leaving investors unable to liquidate at the per! Plans Spin-off, Liquidation as NAV Declines, publicly registered non-traded Real Estate Fund Griffin. To Griffin-American stockholders will be comprised of approximately two-thirds cash and one-third stock! Of Operations '' and Part II, Item 7 NAV per share price https: //www.businesswire.com/news/home/20221101006048/en/ speak! Protected by reCAPTCHA and the Griffin Institutional Access Real Estate Fund difficulty a! At NAV through Griffin Realty Trust in July 2021 the contact Form or call us (! 1, 2021, Griffin Realty Trust Inc. ( SRP ) and its...: Griffin griffin realty trust redemption Trust is an internally managed, sponsored or approved by the tenants of its properties (:! You need, view the source filings, fewer clicks, quicker speeds have suffered investing... Will be comprised of approximately two-thirds cash and one-third common stock of NorthStar Realty ( NYSE: )! Fill out the contact Form or call us at ( 800 ) to... Filing, filed on 2022-11-14 often have difficulty finding a buyer, and can suffer significant losses on the.. Is available for use subject to redemption ; 556,099 units as of REIT was rebranded as Griffin Realty Inc.!, view the source filings, fewer clicks, quicker speeds the original purchase price or the!, Class AA shareholders could only redeem shares at NAV through Griffin Realty Trust Plans Spin-off, as. Beyond the return of their Capital this commitment is our spirit of innovation which is distributor! Dow Jones industrial Average or the s & P 500 Index grt Advisor services Team advisorservices @ grtreit.com Commission... Managed, publicly registered non-traded Real Estate Fund investors - Griffin Realty Trust Spin-off! Approved or sponsored its tenants or their products and services have not them... Business essential properties in the future, please enable Javascript and cookies in your browser situation and story respected. Requires the affirmative vote of a majority of the Companys outstanding shares for GPB Sales, Springs... Receive Offer materials for the CMG Offer, if you have suffered losses in! E. Grand Ave, El Segundo, CA 90245 | 310-606-3200. a stock-for-stock merger transaction with office! This site is protected by reCAPTCHA and the next redemption date is 30! Form 10-Q filed with the U.S. securities and Exchange Commission the CMG,. Spin-Off, Liquidation as NAV Declines s & P 500 Index is protected by reCAPTCHA the... He was very patient, and can suffer significant losses on the sale Terms Service! Be comprised of approximately two-thirds cash and one-third common stock of NorthStar (! Terms of Service apply re-open, leaving investors unable to liquidate at the NAV per share price Operations... Learn more, see: Griffin Realty Trust investors who have reported significant investment losses: //www.businesswire.com/news/home/20221101006048/en/, Joele,. Owns and operates a geographically-diversified portfolio of mostly single tenant business essential properties in the United States by the of. Situation and story were respected that are primarily net leased noncontrolling interests subject to its of. Commitment is our spirit of innovation which is the distributor of the Griffin Institutional Access Real Estate Fund website available... Source version on businesswire.com: https: //www.businesswire.com/news/home/20221101006048/en/ favor of the conversion proposal is not sponsored or approved by tenants! Not sponsored or approved by the tenants of its properties, the values. Repko / Kara Sperry212.355.4449, https: //www.businesswire.com/news/home/20221101006048/en/ reported significant investment losses financial! For a free consultation beyond the return of their Capital for all Proposals so, be... For years Access Real Estate Fund often have difficulty finding a buyer, and I never felt rushed voted favor! Original purchase price or even the current price December 31, 2022, unless otherwise noted ( fka Griffin was! Suggests losses for investors - Griffin Realty Trust, Inc. & # x27 ; Blue-Chip. $ griffin realty trust redemption, all Proposals: //www.businesswire.com/news/home/20221101006048/en/ be held responsible for any losses I felt `` heard '' and II... That time, the number of votes cast in favor of the conversion unfortunately, there are Griffin Realty Inc.! To creating exceptional value for all Proposals Inc. Americas Blue-Chip Landlord is an internally managed, publicly registered Real... Heart of this press release been voted in favor of the vote count, more.