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Articles Posted in Summit Healthcare REIT

Summit Healthcare REIT Subject of $1.34 a Share Tender Offer
InvestorLawyers

Summit Healthcare REIT Inc. (“Summit”), a publicly registered non-traded real estate investment trust, has recommended to shareholders that they reject a third-party tender offer by MacKenzie Realty Capital to purchase shares for $1.34 a share. The REIT estimates its net asset value per share as $2.53, and therefore says that the $1.34 a share offer…

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