How to Recover Investment Losses involving Griffin Realty Trust Inc. November 15, 2022 Griffin Realty Trust, Inc. Reports Third Quarter 2022 Results August 29, 2022 GRT Announces Sale of 41-Property Office Portfolio August 11, 2022 Griffin Realty Trust, Inc. Reports Second Quarter 2022 Results August 5, 2022 GRT Announces Strategic Monetization Process, Updates Net Asset Value and Reinstates Share Redemption Plan The company noted that office properties continue to be negatively impacted by pandemic-related work-from-home trends.. 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. 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 contact form sends information by non-encrypted email, which is not secure. 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. 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. 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. All product and company names, logos and slogans are the trademarks or service marks of their respective owners. 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. 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 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. Youve been a wonderful lawyer and a friend. Please click on the highlighted terms to review these. 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. The Company owns and operates a geographically-diversified portfolio of strategically-located, high-quality, corporate office and industrial properties that are primarily net leased . As of September 30, 2022 GRT Net Lease Investing: Where Institutional Real Estate Acumen Meets Investment-Grade Corporate Bonds. Firms that fail to do so, may be held responsible for any losses. Griffin Realty Trusts estimated net asset value (NAV) was $9.04 share. 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. Third Party Tender Offers may Suggest Losses for Investors Updated (312) 238-9650 | Fax (312) 238-8950 | (888) 637-5510 | 125 S. Wacker Drive, Suite 300, Chicago, Illinois 60606The information you obtain at this site is not, nor is it intended to be, legal advice. Certain statements contained in this letter of Griffin Realty Trust, Inc., 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, as amended (the "Exchange Act"). 28 min read EL SEGUNDO, Calif., August 11, 2022 -- ( BUSINESS WIRE )--Griffin Realty Trust,. The Annual Meeting will be held on November 30, 2022 at 9:30 am Pacific Time at the offices of GRT located at 1520 E. Grand Avenue, El Segundo, California 90245. At the time, the current net asset value (NAV) of Class E Common Stock was $8.97/share. You should consult an attorney for individual advice regarding your own situation. Guided us through a difficult process and was pleased with the outcome. There is no guarantee all of our properties will be leased to blue chip tenants or companies with investment grade credit ratings. 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. 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. 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. Lack of liquidity is often problematic for many investors. Griffin Realty Trust, Inc.'s latest 10-Q financial filing, filed on 2022-11-14. , Inc. is the distributor of the Griffin Institutional Access Credit Fund and the Griffin Institutional Access Real Estate Fund. 1520 E. Grand Ave, El Segundo, CA 90245 | 310-606-3200. If you disable this cookie, we will not be able to save your preferences. Top-notch, efficient and effective firm.". 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 Realty Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Griffin Capital Essential Asset REIT, has temporarily suspended its quarterly publishing of net asset value per share, according to a filing with the Securities and Exchange Commission. strategies underpinned by durable secular growth themes as a Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. 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. 2023 Griffin Realty Trust. How to Recover Investment Losses involving Griffin Realty Trust Inc. "Managements Discussion and Analysis of Financial Condition and Results of Operations" and Part II, Item 1A. Lack of liquidity is often problematic for many investors. 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. Griffin Capital has owned, managed, sponsored or co-sponsored investment programs encompassing over $20 billion in assets. 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. Information about GRTs directors and executive officers and their ownership of GRT securities is set forth in GRTs definitive proxy statement for the Annual Meeting on Schedule 14A filed with the SEC on August 29, 2022. With great appreciation, thank you! We pride ourselves on providing quality legal services to our clients and handle securities fraud cases throughout the country. Blog, Current Investigations, Concerned about your investment in Griffin Realty Trust inc. (fkaGriffin Capital Essential Asset REIT?). 1520 E. Grand Ave, El Segundo, CA 90245 | 310-606-3200. The company reportedly calls the spin-off entity IndustrialCo.. 2015 by The White Law Group, LLC All rights reserved. "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. 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. 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. 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. Griffin Capital Company, LLC (Griffin Capital) is a vertically-integrated real 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. 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. 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. 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. . 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. 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. All Rights Reserved. Highlights for the Quarter Ended June. Griffin Capital Essential Asset REIT, Inc is a public non-listed REIT focused on acquiring business essential single-tenant office and industrial properties net leased for long duration to creditworthy corporate tenants. 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. Griffin Realty Trust | Securities Fraud Lawyers. Written by WP Help September 2, 2022 This means that this investment is not suitable for anyone who cannot handle or does not want a long-term investing strategy. Griffin Realty Trust, Inc. Americas Blue-Chip Landlord is an internally managed, publicly registered, non-traded REIT. Redemptions begin this quarter, and the first redemption date is September 30, 2022. 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. Even upon liquidation, there is a chance that investors will not profit much beyond the return of their capital. With our extensive knowledge and commitment to providing only the best and most timely information to our clients, we are your go-to source for real estate industry insight and advice. GRTs Board of Directors Unanimously Recommends Stockholders Vote FOR All Proposals. The company notes that it plans to sell off the remaining office assetswhich would result in liquidation and cessation of the companys operations, with the spin-off entity surviving as a publicly-traded REIT. Sanctioned for GPB Sales, Four Springs Capital Trust Withdraws Registration Statement. 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. 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. Company Profile CVMCA. 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. The definitive proxy statement was first mailed to GRT stockholders entitled to vote at the Annual Meeting on or about August 29, 2022. . Griffin reportedly announced plans to reinstate its share repurchase program, but only in connection with stockholders death, disability, and incompetence. Call us at (800) 259-9010 today. Griffin Realty Trust, Inc. ("GRT"), at a price of $3.40 per share in cash (the "CMG Offer"). Call SSEK Law Firm at (800) 259-9010 or contact us online today. Login Page Enter your Username and Password below. Unsolicited Tender Offers Updated on September 7, 2022, On September 1, CMG Partners LLC and its affiliates reportedly extended an unsolicited tender offer to purchase up to 500,000 Class E shares of the non-traded REIT, for $. Stockholders entitled to Vote at the Annual Meeting on or about August 29,.... Chip tenants or companies with investment grade credit ratings or service marks of respective... Sends information by non-encrypted email, which is not secure the company reportedly the. May be held responsible for any losses ) -- griffin Realty Trust, program, only. 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