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Wednesday, March 01, 2023 8:44:34 PM
On January 30, 2023, the registrant, through a wholly-owned subsidiary (collectively with the registrant, the “Company”), entered into an agreement to sell its real property asset located at 638 Siena Road in Los Angeles, California to a private entity.
The 638 Siena Road property is the last single-family home remaining in the Company’s asset portfolio. The closing of the sale is subject to a number of contingencies, including the satisfactory completion of the purchaser’s due diligence. No assurance can be given that all such contingencies will be satisfied or that the closing of the sale will occur.
Neither the Company nor any of its affiliates has any material relationship with the purchaser other than in respect of the transaction.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1785494/000114036123004697/brhc10047639_8k.htm
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