Reit liquidating trust
CNL Lifestyle Properties (the "Company") is a real estate investment trust (REIT) that invested in income-producing properties with a focus on lifestyle-related industries.
The Company completed its third and final public offering of shares to new investors on April 9, 2011.
A unit stock is a unit in a stock basket that an investor applying for an acquisition through addition contributes to.
A unit stock is also a unit in a stock basket that an investor who applies for an exchange receives in trade for a beneficial interest.
(NYSE: NYRT) (the "Company" or "NYRT"), which is liquidating and winding down pursuant to a plan of liquidation, announced that it has entered into a contract to sell its property located at 333 West 34.
NYRT's shareholders recently adopted a plan of liquidation pursuant to which NYRT is liquidating and winding down and, in connection therewith, is seeking to sell its assets in an orderly fashion to maximize shareholder value.
Basket for creation is continually-updated on our official homepage.
Investors may incur a loss and the value of their investment principal may fall below par as the result of a decline in market price or NAV. The NAV of the Fund may fall and investors may suffer a loss due to a decline in stock prices or deterioration in the financial conditions and business performance of an equity issuer. Price Fluctuation Risk Income and profits from the sale of real estate and real estate securitized products form the source of earnings for REITs, and REIT prices can fluctuate due to various factors including the circumstances surrounding the real estate, real estate market conditions, trends in long- and short-term interest rates and changes in the macroeconomic environment.When applying as a direct addition and exchange, please keep in mind that we cannot accept your application on the following dates: Daily Creation and redemption are based on ETF's NAV calculated in early evening.Confirm non-tradable days by referring to trading calendar on our official homepage.For more information, please visit our website at com.
Forward-Looking Statements The statements in this release that are not historical facts may be forward-looking statements.Expenses for the preparation and distribution of prospectuses, audit costs, expenses for listing of the Fund, as well as royalties for the TSE REIT Index are paid out of the trust assets at the times specified by the Management Company.