Liquidity Partners Trust I
Liquidity Partners Trust I Commences KBS Real Estate Investment Trust II, Inc. Tender Offer
Friday, September 14, 2018 9:00 AM
CHICAGO, IL / ACCESSWIRE / September 14, 2018 / Liquidity Partners Trust I, a private real estate investment firm, is offering to pay approximately $750,000 for up to 250,000 shares of KBS Real Estate Investment Trust II, Inc. ("KBS REIT II" or the "Company") common stock for $3.00 per share. Shares may be redeemed via Liquidity Partners' website, www.LiquidityPartners.net, which will provide a Medallion Signature Guarantee for sellers. The Offer to Purchase and Transfer Agreement are also located on Liquidity Partners' website.
For questions, call (917) 338-1851, or email [email protected]. The tender offer will expire at 11:59 P.M. Eastern Time on October 19, 2018.
KBS REIT II is a publicly-registered non-traded REIT and approved an estimated net asset value per share of $4.89 for the Company's common stock, effective December 8, 2017. In 2014, KBS REIT II suspended its ordinary share redemption program, and share repurchases are currently limited to special redemptions (death, disability, or incompetence).
KBS REIT II was incorporated in July, 2007. As of June 30, 2018, the Company owned eight office properties and an office campus consisting of five office buildings, encompassing in the aggregate approximately 4.5 million rentable square feet.
If all shares in the current offer are tendered, Liquidity Partners Trust I will own approximately 0.134% of the common shares outstanding.
SOURCE: Liquidity Partners Trust I