griffin realty trust redemption
Sincerely, Kevin A. Shields . I have confidence in our team and remain optimistic regarding our ability to extract the value embedded within the current portfolio and take advantage of growth opportunities available in todays dynamic real estate markets.. Apollo Global Management, Inc. In preparation for this listing,GRT intends to implement the following strategic actions: (i) effective as of March 7, 2023, suspend the Companys Share Redemption Program (now in place for death, qualifying disability and determination of incompetence or incapacitation), which Share Redemption Program will automatically terminate in connection with the listing in light of the fact a trading market will exist for the Companys common shares, and (ii) ahead of the listing, transition to Computershare as transfer agent to the Company and its shareholders and completea reverse share split (See Additional Information section below). 
Limited liquidity is provided to shareholders only through the Funds quarterly repurchase offers for no less than 5% and no more than 25% of the Funds shares outstanding at net asset value. The REIT also noted that it has temporarily suspended its quarterly publishing of net asset value per share of common stock due to certain strategic initiatives that the REIT currently is pursuing, according to filings with the SEC. Are you concerned about your investment in Griffin Realty Trust Inc.? 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 portfolio enjoys 95.2% occupancy, according to the REITs website. Risk Factors and Part II, Item 7. 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. Managements Discussion and Analysis of Financial Condition and Results of Operations of the Companys Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission. An investment in Apollo Diversified Real Estate Fund is not a direct investment in real estate and the Fund does not own the properties listed. If you have an ad-blocker enabled you may be blocked from proceeding. The forward-looking statements speak only as of the date of this press release. Griffin Institutional Access Real Estate Fund has 
Griffin Realty Trust Inc Registered Shs -T- Stock , GRTT 0.00 0.00 0.00% Official Close 3/26/2022 NASO Additional information is available at www.grtreit.com. Apollo Global Management and ALPS Distributors, Inc. are not affiliated. On October 1, 2021, Griffin Realty Trust, Inc. reported that it has temporarily suspended its quarterly publishing of net asset value per share of common stock. Also, the company announced on October 1, 2021, it was, (SRP) beginning with the next cycle commencing fourth quarter 2021. Completed the sale of one property on September 23, 2022 for approximately $93.0 million. EXISTING USER- ACCOUNT LOCKED SECURITY INFORMATION, EXISTING USER- WE ARE UNABLE TO VERIFY YOUR INFORMATION. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. ", Net Asset Value and Share Redemption Plan. WebCertain statements contained in this Quarterly Report on Form 10-Q of Griffin Realty Trust, Inc. (GRT, "we", "our", and "us"), other than historical facts, may be considered 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, August 8, 2022. Your password is not case sensitive and must be We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. , If you have any additional questions, you can always contact our support via email, xn--80aa3agjl3d.xn--80adivwhn5n.xn--j1amh , xn--80aa3agjl3d.xn--80adivwhn5n.xn--j1amh , Domain "xn--80aa3agjl3d.xn--80adivwhn5n.xn--j1amh" is not parked, , . Our Investment Platforms. WebWe appreciate your trust in GRT and its Board and thank you for your continued support. 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. 212.355.4449, View source version on businesswire.com: https://www.businesswire.com/news/home/20230220005353/en/. TEX. "Risk Factors" of the Company's Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission. Enter a password into the New Password field. 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. There is a quarterly cap of $5 million on total redemptions, and the next redemption date is September 30, 2022. 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. 
The Board and management team will provide periodic and timely updates on the execution of these strategic actions in subsequent company disclosures and filings as they deem appropriate. 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 work-from-home trends; recent and ongoing disruption in the debt markets; occupancy, rent deferrals and the financial condition of the Companys tenants; whether easing of the pandemic and work-from-home trends 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 prior to any listing; our future capital expenditures, operating expenses, net income, operating income, cash flow and developments and trends of the real estate industry; whether a listing of the Company will be completed; whether any such listing will maximize shareholder value; whether we will be successful in the pursuit of our business plan, including any dispositions; whether we will succeed in our investment objectives; any relationship between the trading price of our common shares at listing and our published net asset value; any fluctuation and/or volatility of the trading price of our common shares once listed; 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 requirements related to being a listed company; whether we will comply with Sarbanes-Oxley as required of listed companies; and other factors, including those risks disclosed in Part I, Item 1A. Web22287 Mulholland Hwy. As of June 30, 2022, the Companys real estate portfolio consisted of 121 properties and one land parcel held for future development, in 26 states consisting substantially of office, warehouse, and manufacturing facilities. The contact form sends information by non-encrypted email, which is not secure. You can also identify forward-looking statements by discussions of strategy, plans or intentions. There is no secondary market for the Funds shares and none is expected to develop. For more information on the firm, visit www.WhiteSecuritiesLaw.com. Seventy-seven percent of these properties are office space, while 23% are industrial space. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as may, will, should, expects, intends, plans, anticipates, believes, estimates, predicts, or potential or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. 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. On November 22, Mackenzie Capital Management LP launched a tender offer, to purchase shares of Griffin Realty Trust for just $4.69 per share, but. The forward-looking statements speak only as of the date of this press release. Griffin Realty Trust, a publicly registered and non-traded real estate investment trust (REIT), is a complex, risky investment product that may not be suitable for inexperienced retail investors. Entry of correct security information will return your Username. The definitive proxy statement, the preliminary 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. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. 6-20 characters long and contain at least 2 number(s), 
About Arbor Realty Trust, Inc. Beginning on or around March 8, 2023, the Company plans to transition to Computershare as transfer agent to the Company and its shareholders. By clicking on I accept, you consent to our Privacy Policy. INVESTORS AND SECURITY HOLDERS OF GRT ARE URGED TO READ THE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE ANNUAL MEETING THAT GRT FILES WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS TO BE CONDUCTED AT THE ANNUAL MEETING. interest to prospective investors. Promptly after filing its definitive proxy statement with the SEC, GRT intends to mail or otherwise provide the definitive proxy statement and a proxy card to each stockholder entitled to vote at the Annual Meeting. WebWhy did I get the 'Your Account has been Locked' screen? Click UNLOCK and follow the steps to unlock your account. According to Griffin, the Program was developed in order to provide liquidity for stockholders in connection with a revised public offering plan and is similar to the redemption plans of other perpetual-life, non-listed REITs that recently have been granted no-action relief by the Division. Following the separation, GRT intends to sell its remaining portfolio of primarily office assets over time and distribute net proceeds to stockholders. Our shareholders are cautioned not to place undue reliance on any forward-looking statement in this press release. This means the password entered does not match the information we have on file. The strategic monetization process is the result of the Companys previously announced review of strategic alternatives, which has been guided by its financial advisors, Goldman Sachs, Eastdil Secured, and BofA Securities. If you or a loved one have suffered losses investing with Griffin Realty Trust, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation. 
For your security your account has been locked. All Rights Reserved. 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. Los Angeles (HQ) | Atlanta | Chicago | Dallas | London | New York | Orlando | Phoenix | Tokyo, For any media related inquiry, please click here or contact:Karen Diehl at 310.741.9097 / karen@diehlcommunications.com, orBill Mendel at 212.397.1030 / bill@mendelcommunications.com. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. investorrelations@grtreit.com, Media Contact We believe a listing of the entire companys common shares is currently the best available path forward to accomplish our goals. Webnancy spies haberman kushner. According to the prospectus, the REIT is not suitable for investors seeking liquidity, guaranteed income, or a short-term investment. 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. Gear advertisements and other marketing efforts towards your interests. In light of the significant uncertainties inherent in the forward-looking statements in this press release, the inclusion of such forward-looking statements should not be regarded as a representation by us or any other person that the objectives and plans set forth in this press release will be achieved. Verify your identity, personalize the content you receive, or create and administer your account. WebBroad expertise in real estate, infrastructure and credit, with a wide range of opportunities across the risk-return spectrum. Additional information regarding the identity of participants in the solicitation of proxies will be set forth in the proxy statement and other materials to be filed with the SEC in connection with the Annual Meeting. Is this happening to you frequently? Griffin Realty Trust (GRT or the Company) today announced a plan to pursue a listing of the Companys common shares on the New York Stock Exchange (NYSE). Cautionary Statement Regarding Forward-Looking Statements. Please contact a client service representative for assistance Monday through Friday from 8 am to 6 pm PST at 800-679-2112. 18191 Von Karman Avenue In preparation for this listing,GRT intends to implement the following strategic actions: (i) effective as of March 7, 2023, suspend the Companys Share Redemption Program (now in place for death, qualifying disability and determination of incompetence or incapacitation), which Share Redemption Program will automatically terminate in E common stock, for a total of 324,066,902 shares of common stock of Griffin Realty Trust, Inc. outstanding. WebGriffin Realty Trust (Exact name of registrant as specified in its charter) Commission File Number: 000-55605 Maryland 46-4654479 (State or other jurisdiction of incorporation) (IRS Employer Identification No.) If you forgot your Username, please click Forgot Username below the Username field and follow the instructions on the Account Access: Forgot Username page. Sign up here. 086 079 7114 [email protected]. 
To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. Shares were originally sold for $10.00 per share. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," "predicts," or "potential" or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. provides additional information about this tenant that Griffin Institutional Access Real Estate While forward-looking statements reflect the Company's good faith beliefs, assumptions and expectations, they are not guarantees of future performance. According to A recent investor complaint against Hunt Valley, Maryland financial advisor Peter Maller (CRD# 2322403) concerns an investment in Atlas Growth 2017 - 2023 Chase Carlson. Wed like to share more about how we work and what drives our day-to-day business. Lack of liquidity is often problematic for many investors. 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. Griffin Capital Securities, LLC, Member FINRA/SIPC, is a subsidiary of Apollo Global Management, Inc. ALPS Distributors, Inc. (1290 Broadway, Suite 1000, Denver, CO 80203, Member FINRA) is the distributor of Apollo Diversified Real Estate Fund. The securities attorneys at The White Law Group may be able to help you. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. Posted on 19 January, 2023 by 19 January, 2023 by Data as of December 31, 2022, unless otherwise noted. WebGriffin Realty Trusts portfolio, currently valued at $4.7 billion, includes 80 properties generating $249 million in in-place annual rent. WebReal Estate Buying Advice. 
Yes, Im a: 2023 Griffin Capital Company, LLC. This message is displayed when the information entered does not match what is on file. GRT recorded and uploaded to the "Investors" section of its website at grtreit.com a webcast that includes a PowerPoint slide deck with GRT management narrating a presentation that covers the strategic monetization process, updated NAV and reinstated SRP. This site is protected by reCAPTCHA and the Google This contact form is not for media related inquiries. All rights reserved. Initially, there will be no public market for our shares and we cannot assure you that one will develop, which means that it may be difficult for you to sell your shares.. Griffin Realty Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Griffin Capital Essential Asset REIT, has On October 1, 2021, Griffin Realty Trust, Inc. suspended its share redemption program (SRP) and suspended its distribution reinvestment plan (DRP). This is the new password you will use each time you access your Griffin Realty Trust account online. On August 5, 2022, Griffin Realty Trust, Inc. (the "Registrant") issued a press release regarding its strategic monetization process. 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. 
Please contact a client service representative for assistance Monday through Friday from 8 am to 6 pm PST at 800-679-2112. The Apollo Diversified Real Estate Fund website is available for use subject to its Terms of Use and our Privacy Policy. Why did I get the 'Invalid Password' Message? View source version on businesswire.com: https://www.businesswire.com/news/home/20220805005173/en/, Media Contact: Joele Frank, Wilkinson Brimmer KatcherMeaghan Repko / Kara Sperry212.355.4449, https://www.businesswire.com/news/home/20220805005173/en/, Asian stocks slide, bond yields depressed as recession worries weigh, GLOBAL MARKETS-Asian stocks slide, bond yields depressed as recession worries weigh, Dollar edges higher ahead of non-farm payrolls data on Friday, FOREX-Dollar edges higher ahead of non-farm payrolls data on Friday, China March services activity accelerates on new orders - Caixin PMI. What drives our day-to-day business industrial space Kevin A. Shields to establish a new you! Statements speak only as of the date of this press release date of this website is for... Password you will have the opportunity to establish a new password by UNLOCK! Locked ' screen 6 pm PST at 800-679-2112 the 'Invalid password ' Message includes 80 properties generating 249... Itsterms and ConditionsandPrivacy Policy 212.355.4449, View source version on businesswire.com: https: //griffin-realtygroup.com/wp-content/uploads/2019/06/shutterstock_104246219-400x250.jpg,. No guarantee of future results intends to sell its remaining portfolio of primarily office assets over time and Net. Office space, while 23 % are industrial space will return your Username investment bank the 'Invalid password Message... Short-Term and/or liquid investment, you may be blocked from proceeding liquid investment you... Your Username to sell its remaining portfolio of primarily office assets over time and distribute Net proceeds stockholders... 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