speed dating bedford uk - Information g reit liquidating trust

As I have no knowledge of individual investor circumstances, goals and/or portfolio concentration or diversification, readers are expected to complete their own due diligence before purchasing any stocks mentioned or recommended.Liquidating trust is a trust designed to be liquidated as soon as possible.For over the past two years its been a back and forth on what to do with the company.

information g reit liquidating trust-5

I wrote this article myself, and it expresses my own opinions.

I am not receiving compensation for it (other than from Seeking Alpha).

Valuation New York REIT owns 19 properties, with them highly concentrated in Manhattan. The properties are mostly a mixture of Retail and Office space with one lonely hotel.

The biggest valuation factor in the analysis is the cap rate.

There was a merger proposal before the announcement of the liquidation or sale of the company, but I think the board realized the merger wasn't going to go through with major shareholders believing the merger was going to be a value destroyer.

So here we are, finally at the liquidating process, and shareholders in better position with the board now having three new members appointed by Michael Ashner and Steve Witkoff (Please see here).

He is on the Board of Directors at Healthcare Trust of America, Inc., Arnold & Mabel Beckman Foundation, and Healthcare Trust of America Holdings LP. Wescombe was previously employed as Partner by Ernst & Young LLP. He received his undergraduate degree from The California State University.

Wescombe, CPA, is Chairman at G REIT Liquidating Trust, Independent Director at Healthcare Trust of America, Inc., Chief Financial Officer, Treasurer & Director at Arnold & Mabel Beckman Foundation, a Member at The American Institute of Certified Public Accountants, and a Member at California Society of Certified Public Accountants.

In 2014 the board decided to end the review because they believed none of the proposals from interested parties reflected the fair value of the company.

In October 2015 again the company wanted to explore strategic alternatives and didn't push on.

Manhattan has seen average cap rates around 4%, and to be conservative I used 4.3%.

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