The purchase price per share for shares repurchased pursuant to our share repurchase plan will be further reduced by the aggregate amount of net proceeds per share, if any, distributed to our stockholders prior to the. In the event that any of our real properties incurs a casualty loss which is not fully covered by insurance, the value of our assets will be reduced by any such uninsured loss. Kelly said in the statement. We anticipate that shares of our common stock may be repurchased on a quarterly basis. These renovations to both the apartments and common areas made the communities competitive in their respective markets and we were able to improve occupancy and rental rates.
Multifamily Industry Veteran Michael Brown Named President of Steadfast Management Company
Steadfast Group Limited | jbrady.info
Prior to joining Steadfast in , Mr. Turmoil in the capital markets has constrained equity and debt capital available for investment in the commercial real estate market, resulting in fewer buyers seeking to acquire real properties, increases in capitalization rates and lower property values. It has outperformed by Shipping, Medtech, Mobility And Retail. We may also purchase and develop properties in joint ventures or in partnerships, co-tenancies or other co-ownership arrangements with the sellers of the properties, affiliates of the sellers, developers or other persons. If we make or invest in mortgage loans, our mortgage loans will be subject to interest rate fluctuations that could reduce our returns as compared to market interest rates and reduce the value of the mortgage loans in the event we sell them. Further, credit facility providers may require us to maintain a certain amount of cash reserves or to set aside unlevered assets sufficient to maintain a specified liquidity position.
Sarangani Agricultural Company, Inc. Organizational and Offering Stage. Stira Capital Markets Group Stira Capital Markets Group was formed in to offer alternative investment offerings through the retail broker-dealer and institutional channels. Our sponsor and its affiliates are not prohibited from raising money for, or managing, another investment entity that makes the same types of investments as we do. Because the dealer manager, Steadfast Capital Markets Group, is an affiliate, investors will not have the benefit of an independent due diligence review and investigation of the type normally performed by an unaffiliated, independent underwriter in connection with a securities offering. The prospectus is not an offer to sell the securities and it is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted.