other material
confidence high
sentiment neutral
materiality 0.50
GTJ REIT hits $2M annual redemption cap, suspends redemptions until Dec 2026
GTJ REIT, INC.
- On June 3, 2026, redeemed 76,365 shares at $26.19/share for total $1,999,999.35.
- Redemption requests exceeded $2M annual cap; pro rata allocation with priority for death/disability.
- No further redemptions from June 1, 2026 to Nov 30, 2026; resume Dec 1, 2026.
- Unsatisfied portions of requests carry forward to next semi-annual period unless withdrawn.