Youve been a wonderful lawyer and a friend. The Company owns and operates a . 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. 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 Board of Directors of the REIT authorized the suspension in light of certain strategic initiatives that the REIT currently is pursuing. The non-traded REITs Board stated it would not make a recommendation one way or the other to shareholders. 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. For more information on the firm, visit. 10:20 am 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. How to Recover Investment Losses involving Griffin Realty Trust Inc. With great appreciation, thank you! Many of our clients have lost a significant portion of their net worth as the result of the negligence of their financial professional. The non-traded REIT also said it was suspending its distribution reinvestment plan. 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 . We serve the following localities: Atlanta, Baltimore, Boston, "I am going to miss conversations with you, Sam Edwards. The White Law Group continues to investigate potential securities claims involving the liability that brokerage firms may have for recommending Griffin Realty Trust Inc. to investors. 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. 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. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Noncontrolling interests subject to redemption; 556,099 units as of . Our REIT fraud attorneys at Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) represent Griffin Realty Trust investors in recovering their losses from the brokerage firms responsible for selling them this investment. Once these remaining assets have been sold, the company intends to fully liquidate and cease operations.. The move was part of the REITs strategic monetization process that was announced in early August, which will involve a separation of the REIT by spinning off a new public company that will own a portfolio of primarily industrial assets, as well as certain office assets, and listing that companys shares on a national exchange. On October 1, 2021, Griffin Realty Trust, Inc. (SRP)and suspended its distribution reinvestment plan (DRP). Investment Losses? Non-traded REIT investors should expect to hold on to their investments for years. How to Recover Investment Losses involving Griffin Realty Trust Inc. The distribution for September 2021 was to be paid by around October 11, 2021. 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. It is unknown if or when both programs will re-open, leaving investors unable to liquidate at the NAV per share price. 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. 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.. To review a summary of the Risk Factors related to an investment in the Apollo Diversified Real Estate Fund click here. 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 Every subsequent interaction I had with any of you - in person, via email, or by phone - only corroborated that feeling. 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 . 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. Financial Advisors: Contact the GRT Advisor Services Team advisorservices@grtreit.com. It owns and operates an institutional-quality portfolio of net-leased office and industrial assets.. Sila Realty Trust Inc is a real estate investment trust. All Rights Reserved. By investment grade we mean that we intend to invest in properties leased to blue chip tenants and/ or companies with investment grade credit ratings. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. 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. *Includes Class A, Class AA, and Class AAA, Nominating and Corporate Governance Committee Charter, 1520 E. Grand Ave, El Segundo, CA 90245 | 310-606-3200. Griffin Capital Company, LLC (Griffin Capital) is a vertically-integrated real 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 company reportedly calls the spin-off entity IndustrialCo.. By investment grade we mean that we intend to invest in properties leased to blue chip tenants and/ or companies with investment grade credit ratings. 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 Realty Trust, Inc. Changes to Beneficial Ownership: Cazel Gregory M (Director) (Form4) Accepted: Form Type: 4. 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. On October 1, 2021, Griffin Realty Trust, Inc. reported it is suspending its share redemption program . 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. . Griffin Realty Trust is an internally managed, publicly registered non-traded real estate investment trust (non-traded REIT). If you have an ad-blocker enabled you may be blocked from proceeding. 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, Mackenzie Capital Management has also launched a tender offer to purchase shares of the REIT on September 5, reportedly offering, 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., 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. link | Resources | GRIFFIN REALTY TRUST. 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. Its initial offering price was $10/share. Blog, Current Investigations. Mackenzie Capital Management has also launched a tender offer to purchase shares of the REIT on September 5, reportedly offering $4.09 per share. If you disable this cookie, we will not be able to save your preferences. Griffin Realty Trust, Inc. (GRTA) SEC Filing 10-K Annual Report for the fiscal year ending Friday, December 31, 2021. Item 1.01. hbbd```b``+A$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 GRT has not approved or sponsored its tenants or their products and services. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale. 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Unfortunately, distributions from non-traded real estate investment trusts are not guaranteed. All product and company names, logos and slogans are the trademarks or service marks of their respective owners. Computershare Alternative Investments 150 Royall Street, Suite 101 Canton, MA 02021 Griffin Realty Trust, Inc. - America's Blue-Chip LandlordTM - is an internally managed, publicly-registered, non-traded REIT. Many investors may not have been apprised of the risks involved and were the victims of misrepresentations and omissions by their brokers. 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. 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. Top-notch, efficient and effective firm.". CMFT is a non-traded real estate investment trust ("REIT") managed by affiliates of CIM Group, LLC . Blue chip companies are well-known publicly traded companies that typically make up the Dow Jones Industrial Average or the S&P 500 Index. Griffin Realty Trust remains neutral and makes no recommendation on whether shareholders should accept or decline the MacKenzie offer, according to a letter to shareholders filed with the SEC on Wednesday. Guided us through a difficult process and was pleased with the outcome. The offer expires on October 10, 2022. 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. Skull and Bones, also known as The Order, Order 322 or The Brotherhood of Death, is an undergraduate senior secret student society at Yale University in New Haven, Connecticut.The oldest senior class society at the university, Skull and Bones has become a cultural institution known for its powerful alumni and various conspiracy theories. This website uses cookies so that we can provide you with the best user experience possible. Griffin Realty Trusts estimated net asset value (NAV) was $9.04 share. I set my expectations high, and they delivered above and beyond. You can also identify forward-looking statements by discussions of strategy, plans or intentions. 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 White Law Group continues to investigate potential How to Recover Investment Losses involving Griffin Realty Trust Inc. "Risk Factors" and Part II, Item 7. The forward-looking statements contained in this press release reflect the Company's current views about future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause the Company's actual results to differ significantly from those expressed in any forward-looking statement. The Companys portfolio, as of November 1, 2022, includes 79 wholly owned office and industrial properties (89 buildings), totaling 21.1 million in rentable square feet, located in 24 states, as well as an equity interest in a joint venture that owns 41 office properties. The transaction, when combined with the existing Workspace portfolio . 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. The forward-looking statements speak only as of the date of this press release. Please disable your ad-blocker and refresh. Please do not include any confidential or sensitive information in a contact form, text message, or voicemail. 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. Toggle navigation. Find the data you need, view the source filings, fewer clicks, quicker speeds. Dedicated to the representation of investors in claims against their financial professional or brokerage firm, The White Law Group has the expertise to help investors defrauded in securities, investment and financial business transactions. About Griffin Realty Trust, Inc. Griffin Realty Trust, Inc. - America's Blue-Chip Landlord TM - is an internally managed, publicly-registered, non-traded REIT. Please click on the highlighted terms to review these. 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. 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. You should consult an attorney for individual advice regarding your own situation. 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.

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