Tender Offer - Comrit Investments 1, LP
Form Type: SC TO-T/A
Filing Date: 2025-04-25
Corporate Action: Tender-offer
Type: Update
Accession Number: 000110465925039269
Filing Summary: This document is a Final Amendment to the Tender Offer Statement on Schedule TO, which relates to the Offer made by Comrit Investments 1, Limited Partnership to purchase up to 1,025,000 shares of common stock in Inland Real Estate Income Trust, Inc. at a purchase price of $12.50 per Share. The Offer, dated February 25, 2025, resulted in the tender of approximately 261,944 Shares by shareholders, with the Purchaser accepting these for payment. Post-transaction, the Purchaser will hold approximately 1,065,817 Shares, representing about 3% of the total outstanding Shares of Inland Real Estate Income Trust, Inc.
Additional details:
Name Of Subject Company: Inland Real Estate Income Trust, Inc.
Name Of Bidders: Comrit Investments 1, Limited Partnership
Total Shares Tendered: 261,944
Purchase Price Per Share: 12.50
Total Shares Owned After Purchase: 1,065,817
Percentage Of Total Outstanding Shares: 3
Form Type: SC TO-T
Filing Date: 2025-02-25
Corporate Action: Tender-offer
Type: New
Accession Number: 000110465925016813
Filing Summary: Comrit Investments 1, Limited Partnership is making a tender offer to purchase up to 1,025,000 shares of common stock at a price of $12.50 per share from shareholders of Inland Real Estate Income Trust, Inc. The offer is subject to certain terms and conditions detailed in the attached Offer to Purchase. As of November 6, 2024, the firm owns approximately 803,873 shares of the company, representing around 2.2% of the total outstanding shares. If all shares are tendered, the total purchase price could reach $12,812,500, which will be funded from the Purchaser's available cash. The corporation has a total of 36,152,049 shares outstanding based on the recent report. Dividends following the expiration date will be assigned to the Purchaser by tendering shareholders. Comrit Investments Ltd. has been included as a bidder due to its control over the Purchaser but is not directly participating in the offer.
Additional details:
Common Stock Title: common stock
Par Value: $0.001
Tender Offer Price: $12.50
Number Of Shares Subject To Offer: 1,025,000
Total Purchase Price: $12,812,500
Percentage Of Outstanding Shares: 2.8%
Corporation Address: 2901 Butterfield Road, Oak Brook, Illinois 60523
Corporation Phone Number: (630) 218-8000
Form Type: SC TO-T/A
Filing Date: 2024-12-13
Corporate Action: Tender-offer
Type: Update
Accession Number: 000110465924128383
Filing Summary: This filing represents the Final Amendment to the Tender Offer Statement on Schedule TO by Comrit Investments 1, Limited Partnership. The offer is to purchase up to 3,000,000 shares of common stock at a purchase price of $1.05 per share. The submission indicates that approximately 1,291,068 shares were tendered by shareholders, which the Purchaser has accepted for payment, resulting in an aggregate ownership of approximately 13,485,714 shares, equating to about 7.3% of total outstanding shares of Northstar Healthcare Income, Inc.
Additional details:
Tender Offer Price: 1.05 USD
Shares Tendered: 1,291,068
Total Shares After Tender: 13,485,714
Percentage Owned After Tender: 7.3%
Form Type: SC TO-T/A
Filing Date: 2024-12-13
Corporate Action: Tender-offer
Type: Update
Accession Number: 000110465924128390
Filing Summary: This document is an amendment to the Tender Offer Statement filed by Comrit Investments 1, Limited Partnership. It details the final amendment relating to the tender offer for up to 1,300,000 shares of common stock of Inland Real Estate Income Trust, Inc. at a purchase price of $12.11 per share. The offer was initiated on October 15, 2024, and resulted in approximately 155,150 shares being tendered by shareholders and accepted for payment. After this transaction, Comrit Investments will own around 743,836 shares, representing about 2.1% of the total outstanding shares. The filing confirms the legitimacy of the submitted information and is certified by Ziv Sapir, Chief Executive Officer of Comrit Investments Ltd.
Additional details:
Tender Offer Price: 12.11 USD
Shares Tendered: 155,150
Total Shares After Purchase: 743,836
Percentage Of Total Shares: 2.1%
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