KBS REAL ESTATE INVESTMENT TRUST, INC. (OTCMKTS:KBRS) Files An 8-K Other EventsITEM 8.01 OTHER EVENTS
Initial Liquidating Distribution Authorized
On January 27, 2017, the stockholders of KBS Real Estate Investment Trust, Inc. (the Company) approved the sale of all of the Companys assets and the Companys dissolution to the terms of the Companys plan of complete liquidation and dissolution (the Plan of Liquidation). to the Plan of Liquidation, on March 10, 2017, the Companys board of directors authorized an initial liquidating distribution in the amount of $1.00 per share of common stock to the Companys stockholders of record as of the close of business on March 21, 2017. The initial l…
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