Tender Offer - Versus Capital Real Estate Fund LLC

Form Type: N-23C3A

Filing Date: 2025-01-10

Corporate Action: Tender-offer

Type: New

Accession Number: 000151500125000002

Filing Summary: Versus Capital Real Estate Fund LLC is initiating a periodic repurchase offer for its shares, allowing shareholders to tender up to 6% of the outstanding shares at net asset value (NAV). The offer period starts on January 9, 2025, and ends on January 31, 2025, which is also the deadline for share requests. Shareholders wishing to participate must coordinate with their financial intermediaries, as the Fund does not directly accept requests. The Fund aims to provide liquidity since there is no secondary market for its shares. It will not charge processing fees for handling repurchase requests but may have associated transaction fees from authorized institutions. The NAV will be determined on the Repurchase Pricing Date, which coincides with the request deadline. The Fund does not guarantee complete repurchase of tendered shares, particularly if requests exceed the offer limits, and shares can be withdrawn or modified up to the deadline. Tax implications of the repurchase may vary based on circumstances, and the Fund will cover any share transfer taxes incurred during the repurchase process. Shareholders are encouraged to consult their tax advisors for specific consequences.

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