trending Market Intelligence /marketintelligence/en/news-insights/trending/N_qxo1qvygRYuVR9WrOBiw2 content esgSubNav
In This List

Spirit MTA REIT closes asset transfer in liquidation plan

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance


Spirit MTA REIT closes asset transfer in liquidation plan

Spirit MTA REIT transferred all of its assets to a new liquidating trust, finalizing the single-tenant net-lease real estate investment trust's dissolution and termination.

SMTA Liquidating Trust was formed under a Jan. 1 agreement between Spirit MTA and its four trustees, who will serve as initial trustees of the liquidating trust. The liquidating trust distributed all of its units of beneficial interests to Spirit MTA's shareholders at a ratio of one liquidating trust unit per common share then held of record.

A unit of Spirit Realty Capital Inc. will handle the day-to-day affairs of the liquidating trust, as well as the liquidation of its assets.