Liquidating reit

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Hines REIT, which was formed in August 2003 to invest in commercial real estate with a focus on office properties, has raised .3 billion in investor equity prior to closing its offering in January 2010.

Shares were originally priced between .00 and .40 each.

Where required, management has the skill sets to provide the property management, asset management and construction management expertise in order for our investments to realize their full potential.

With certain limitations, we will invest in real estate asset categories as well as most positions throughout the capital structure.

“The vast majority of our investors will have experienced a positive return on their investment in Hines REIT given the cash distributions we have paid through the years combined with capital we expect to return to investors as a result of this liquidity event and capital we have returned in previous years.

The company’s portfolio consists of 186 real estate properties, three real estate loans receivable, and a participation interest in a real estate joint venture, as of September 30, 2016. 897(h)(1) suggests an intent to treat liquidating distributions from DCRs as exempt from U. 897(h)(1) suggests that Congress viewed capital gain dividends, rather than liquidating distributions, as the tax base for Code Sec. The Congressional Report accompanying the original FIRPTA legislation states that, under Code Sec. The rule does not, however, permit any liquidating distributions to be treated as “capital gain dividends.” This complies with the general treatment of liquidating distributions under Subchapter C of the Code as an amount paid by a liquidating corporation to its shareholders in exchange for their stock rather than a dividend. The legislative history behind FIRPTA and the 2003 amendment to the language of Code Sec. In particular, the legislative history of Code Sec. shareholder “would be treated as gain on the sale of U. real property to the extent of the shareholders’ pro rata share of the net capital gain of the REIT.” Such language is instructive, as “net capital gain” in the context of the REIT rules under the Code and Treasury Regulations is used in reference to capital gain dividends rather than liquidating distributions. 857(b)(3)(C), a REIT is permitted to designate as “capital gain dividends” its regular dividends, up to the amount of its “net capital gain” for the year.Our management team is composed of individuals whose careers have been devoted to a value oriented opportunistic real estate investment strategy.Management seeks to earn high risk adjusted returns by targeting for acquisition assets which we believe are undervalued and/or exhibit the potential for superior growth.

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