Cole Credit Property Trust II filed an 8-K this morning announcing that the REIT has suspended its distribution reinvestment program and its share repurchase program. The 8-K included a letter to investors stating that "while no final decisions have been made, CCPT II anticipates being in a position to announce further updates regarding a potential liquidity event in the near future."
Suspension of share repurchase and distribution reinvestment plans are generally some of the first steps by a non-traded REIT preparing for liquidity.
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