trending Market Intelligence /marketintelligence/en/news-insights/trending/lj1pnyzDJaI-1e4yM3rXEA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

KBS Legacy Partners Apartment REIT engages financial adviser to help explore strategic alternatives

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021

Capital Markets View – January 2021


KBS Legacy Partners Apartment REIT engages financial adviser to help explore strategic alternatives

KBS Legacy PartnersApartment REIT Inc. has engaged Robert A. Stanger & Co. Inc. toact as financial adviser to assist the company and its special committee with exploringstrategic alternatives.

According to an April 11 filing by the REIT, the company's boardof directors in January formed a special committee, comprising all of the company'sindependent directors, to explore the availability of strategic alternatives involvingthe company with the goal of providing liquidity options for KBS Legacy PartnersApartment investors while preserving and maximizing overall returns on the company'sinvestment portfolio.

While it conducts the process, the company noted, it will remainfully focused on managing its properties.