What changed
The Board approved a plan of complete liquidation and dissolution providing for the voluntary sale of all assets, subject to stockholder approval at a special meeting. The Board suspended the public and private offerings, share redemption plan, and distribution reinvestment plan effective immediately. The Company will endeavor to complete asset sales within 24 months of stockholder adoption of the Plan. The portfolio includes seven real estate investments across five states in the industrial, retail, residential and office sectors. Since-inception annualized total returns as of August 31, 2026 were 6.35% for Class I shares, with annualized monthly distributions between 5.1% and 6.9% over the past two years across all share classes.
Why it matters
The Board approved a plan of complete liquidation and dissolution providing for the voluntary sale of all assets, subject to stockholder approval at a special meeting. The Board suspended the public a