Kbs Real Estate Invt (KBRS) 2.3700 $KBRS
KBS REIT II Announces Special Distribution to Shareholders
PR Newswire - Wed Sep 24, 3:33PM CDT
KBS Real Estate Investment Trust II (KBS REIT II), a non-traded real estate investment trust based in Newport Beach, Calif., has announced aggregate special distributions to shareholders of $4.50 per share of common stock to be paid on or about September 23, 2014. The special cash distribution was funded from the proceeds from the dispositions of real estate properties between May 2014 and August 2014, as well as cash on hand resulting primarily from the repayment or sale of real estate loans during 2013 and 2014. KBS REIT II estimates the special distribution will consist of gains realized from the sale of properties and other assets as well as depreciation recapture and return of capital from recent asset sales.
KBS REIT II Announces Special Distribution to Shareholders
PR Newswire - Wed Sep 24, 3:33PM CDT
KBS Real Estate Investment Trust II (KBS REIT II), a non-traded real estate investment trust based in Newport Beach, Calif., has announced aggregate special distributions to shareholders of $4.50 per share of common stock to be paid on or about September 23, 2014. The special cash distribution was funded from the proceeds from the dispositions of real estate properties between May 2014 and August 2014, as well as cash on hand resulting primarily from the repayment or sale of real estate loans during 2013 and 2014. KBS REIT II estimates the special distribution will consist of gains realized from the sale of properties and other assets as well as depreciation recapture and return of capital from recent asset sales.
