FC Private Equity Realty Management Corp. Sends Letter to Melcor REIT
- Seite 3
FC Private Equity Realty Management Corp. is a real estate private equity investment firm in Toronto, Canada.
FORWARD LOOKING INFORMATION
This press release may contain forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as "may", "will", "should", "expect", "plan",
"anticipate", "believe", "estimate", "predict", "potential", "continue", and by discussions of strategies that involve risks and uncertainties. The forward-looking statements are based on certain
key expectations and assumptions made by the Trust. By their nature, forward-looking statements involve numerous assumptions, inherent risks and uncertainties, both general and specific, that
contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. Although management of Firm Capital believes that the expectations reflected in
the forward-looking statements are reasonable, there can be no assurance that future results, levels of activity, performance or achievements will occur as anticipated. Neither Firm Capital nor any
other person assumes responsibility for the accuracy and completeness of any forward-looking statements, and no one has any obligation to update or revise any forward-looking statement, whether as
a result of new information, future events or such other factors which affect this information, except as required by law. Neither the Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release. Additional information about Firm Capiral is available at www.firmcapital.com.
APPENDIX A
LETTER TO BOARD OF TRUSTEES OF MELCOR REIT
Issued by & reply to:
FC PRIVATE EQUITY REALTY MANAGEMENT CORP.
February 29, 2024
ATTENTION: MR. RALPH B. YOUNG
Chairman of The Board of Trustees
Melcor Real Estate Investment Trust
900, 10310 Jasper Avenue NW
Edmonton, AB
T5J 1Y8
Dear Mr. Young:
Lesen Sie auch
RE: DISTRIBUTION SUSPENSION AND STRATEGIC REVIEW RE: MELCOR REIT
We are writing this as an open letter for all Unitholder and the Board of Trustees.
As you are aware from our prior correspondence, FC Private Equity Realty Management Corp. (“Firm Capital”), through affiliated entities is an owner of Melcor Real Estate Investment Trust (“Melcor” or the “REIT”) Trust Units and the $46 million, 5.1% Convertible Unsecured Debentures.