Cole RE Income Strategy (Daily NAV), Inc. Changes Name to CIM Income NAV, Inc.
November 28, 2018 | James Sprow | Blue Vault
On November 27, 2018, Cole Real Estate Income Strategy (Daily NAV), Inc. changed its name to CIM Income NAV, Inc.
Also, effective November 27, 2018, the REIT changed the name and designation of Wrap Class Common Shares (Class W) to Class D Common Stock, Advisor Class (Class A) Common Shares to Class T Common Stock, and Institutional Class Common Shares (Class I) to Class I Common Stock.
In addition, the Company reclassified and designated (i) 41,500,000 authorized but unissued shares of Class D Shares as Class S Shares, (ii) 40,500,000 authorized but unissued shares of Class T Shares as Class S Shares, and (iii) 40,500,000 authorized but unissued shares of Class I Shares as Class S Shares.
Learn more about CIM Group on the Blue Vault Sponsor Focus page
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