MacKenzie Completes Unsolicited Tender Offer for Benefit Street Partners Realty Trust Shares
MacKenzie Realty Capital Inc. and its affiliates have completed their unsolicited tender offer for shares of Benefit Street Partners Realty Trust, Inc. common stock.
MacKenzie Realty Capital Inc. and its affiliates have completed their unsolicited tender offer for shares of Benefit Street Partners Realty Trust, Inc. common stock. In October, MacKenzie offered to purchase up to 400,000 shares for $16 each.
MacKenzie purchased approximately 131,065 shares of Benefit Street Partners Realty Trust, Inc. for $2,097,043 and now owns approximately 0.53 percent of the outstanding shares.
Benefit Street Partners Realty Trust, Inc., formerly known as Realty Finance Trust, Inc., is a real estate finance company that primarily originates, acquires and manages a diversified portfolio of commercial real estate debt investments secured by properties located within and outside the United States. The company commenced operations in May 2013.
Based in Orinda, California, MacKenzie has specialized in the area of discounted real estate securities and asset management since its formation in 1982.
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