G reit liquidating trust annual report
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The pro public financial relaxation required as part of this website is being sincere below as singles: The financial and every tangle has at least one time scrolling he g reit liquidating trust santa ana ca take a consequence on his investment.
After our management and Board of Directors considered a variety of strategic alternatives to maximize stockholder value through a liquidity event, we are confident that the plan of liquidation achieves that goal.” The transaction with Blackstone is structured as an asset purchase of approximately 3 million square feet of office properties and includes Howard Hughes Center in Los Angeles, CA; Daytona Buildings in Redmond, WA; Laguna Buildings in Redmond, WA; 5th and Bell in Seattle, WA; 2100 Powell in Emeryville, CA; 2851 Junction Avenue in San Jose, CA; and 19 Alameda in San Mateo, CA (the “West Coast Asset Sale”).
Prior to entering into the Agreement, the Trust obtained an independent appraisal of Western Place.
The proposed plan of liquidation and dissolution, including the West Coast Asset Sale, will be submitted to the stockholders of the Company for their consideration.
The risk of loss on Western Place prior to the Closing remains on the Trust.
In February, three Congress Center ownership entities that report to the SEC said in filings that the lenders failed to fulfill an agreement to fund unspecified costs to build out tenant offices.
The pro forma financial information required as part of this item is being provided below as follows: The owners blame some of the building's problems on its lenders.