FS Credit Real Estate Income Trust Inc., a monthly NAV REIT sponsored by FS Investments, has postponed its 2020 annual meeting of stockholders from June 11, 2020 to July 14, 2020 at 1:00 p.m. EST.
FS Credit REIT intends to hold the annual meeting in person at 201 Rouse Boulevard in Pennsylvania but may decide to hold it remotely.
“FS Credit REIT is sensitive to the public health and travel concerns its stockholders may have and recommendations that public health officials may issue in light of the evolving COVID-19 situation,” the company said in a statement. “As a result, FS Credit REIT may decide to hold the annual meeting by means of remote communication. In that event, FS Credit REIT will announce the decision to do so in advance of the annual meeting, and details on how to participate will be set forth in a press release issued by the company.”
FS Credit REIT invests primarily in floating rate senior loans secured by commercial real estate properties and had an investment portfolio of 24 loans with a net book value of $406.6 million, as of December 31, 2019. The REIT, which is advised by FS Real Estate Advisor LLC and sub-advised by Rialto Capital Management LLC, raised $200.3 million in investor equity as of the fourth quarter of 2019.