J.P. Morgan Real Estate Income Trust Reports Sales of Equity Securities
February 8, 2023 | James Sprow | Blue Vault
On January 3, 2023, J.P. Morgan Real Estate Income Trust, Inc. sold 6,962 shares of Class E common stock at a price per share of $10.0542 in a private placement of Class E shares for an aggregate purchase price of $70,000.
On January 3, 2023, the Company sold 738 shares of Class E common stock pursuant to the Company’s distribution reinvestment plan at a price per share of $10.0542 for an aggregate purchase price of $7,425.
On February 1, 2023, and February 2, 2023, the Company sold an aggregate of 705,380 shares of Class E common stock at a price per share of $10.0655 in a private placement of Class E shares for an aggregate purchase price of $7,100,000.
On February 1, 2023, the Company sold 764 shares of Class E common stock pursuant to the Company’s distribution reinvestment plan at a price per share of $10.0655 for an aggregate purchase price of $7,691.
Each of the transactions described above was exempt from the registration provisions of the Securities Act of 1933, as amended, by virtue of Section 4(a)(2) and Regulation D thereof because they did not involve any public offering or any general solicitation or general advertising and all of the purchasers were accredited investors.
Source: SEC
