KBS Growth & Income REIT, Inc.: M&A transaction — KBS Growth & Income REIT sells office for $17.6M, files for dissolution, final distribution on July 29

KBS Growth & Income REIT, Inc.

Sale of The Offices at Greenhouse closed at $17.6M; after ~$3.1M closing costs and $0.2M deposits, loan of $14.3M was paid off.
Company plans to file articles of dissolution with Maryland on or about July 30, 2024.
Stock transfer books will close on July 25, 2024; no further transfers except by will or law.
Board expects to authorize final liquidating distribution to stockholders on or about July 29, 2024.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

KBS Growth & Income REIT, Inc. completed a disposition involving Capital Commercial Investments, Inc. for $17.6 million (closed 2024-07-23).

Action: disposition
Counterparty: Capital Commercial Investments, Inc.
Consideration: $17.6 million
Closing: 2024-07-23

Exact text from the filing

On July 23, 2024, the Company completed the sale of The Offices at Greenhouse for $17.6 million, before third-party closing costs, prorations and closing credits of approximately $3.1 million and security deposit obligations transferred to the Purchaser of $0.2 million.

View on SEC.gov

Browse all m&a transactions →

Source: SEC EDGAR

accession 0001193125-24-183695

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.