October 4, 2017
Carter Validus Mission Critical REIT II Raises Distributions per Share
Carter Validus Mission Critical REIT II Raises Distributions per Share October 2, 2017 | James Sprow | Blue Vault On September 28, 2017, the board of directors of Carter Validus …

Read more

Carter Validus Mission Critical REIT II Raises Distributions per Share

October 2, 2017 | James Sprow | Blue Vault

businessman hand working with new modern computer and business s

On September 28, 2017, the board of directors of Carter Validus Mission Critical REIT II approved and authorized an additional daily distribution to Class A stockholders of record as of the close of business on each day of the period commencing on October 1, 2017 and ending on November 30, 2017 in the amount of $0.000021392 per share. This additional distribution amount and the daily distribution of $0.001767101 previously authorized and declared by the board of directors will equal an annualized rate of 6.40%, based on the revised primary offering purchase price of $10.20 per Class A share. The original offering price for Class A shares was $10.00. Based upon the original $10.00 share price, the new distribution rate would be equal to approximately 6.53% annualized.

The distributions for each record date in October 2017 and November 2017 will be paid in November 2017 and December 2017, respectively.

The board of directors also approved and authorized an additional daily distribution to Class I stockholders of record as of the close of business on each day of same period in the amount of $0.000021392 per share. This additional distribution amount and the daily distribution of $0.001767101 previously authorized and declared by the board of directors will equal an annualized rate of 7.04%, based on the revised primary offering purchase price of $9.273 per Class I share. Based upon the original $9.162 share price, the new distribution rate would be equal to approximately 7.125% annualized.

The board of directors approved and authorized an additional daily distribution to Class T stockholders of record as of the close of business on each day of the same period in the amount of $0.000018207 per share. This additional distribution amount and the daily distribution of $0.001501543 previously authorized and declared by the board of directors will equal an annualized rate of 5.68%, based on the revised primary offering purchase price of $9.766 per Class T share. Based upon the original $9.649 share price, the new distribution rate would be equal to approximately 5.75% annualized.

 

didyouknow_sponsorfocus-green

Learn more about Carter Validus on the Blue Vault Sponsor Focus page.

Click Here

 

recent-news

Carter Validus Mission Critical REIT II Announces Updated NAV

Carter Validus Mission Critical REIT II Acquires Silverdale Healthcare Facility

Carter Validus Mission Critical REIT II, Inc. Completes $398 Million in Healthcare and Data Center Acquisitions in First Half of 2017

 

Recent

Eagle Point Credit Creditflux Awards

Eagle Point Credit Creditflux Awards

Eagle Point won 48% of the vote for “Best US CLO Equity Investor” and 42% of the vote for “Best US CLO Junior Debt Investor”.

Most Popular

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…
Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…

Explore

Blue Vault Logo
Don’t miss alts news
and educational events

Subscribe Now