Frequently Asked Questions

Who is our typical shareholder?

Generally, our shareholders are “accredited investors,” as defined in Rule 501(a) of Regulation D promulgated under the Securities Act of 1933, as amended. For individuals, an “accredited investor” is generally a person having a net worth in excess of $1 million, excluding that person’s primary residence, or an annual income of $200,000 (or $300,000 for married couples).

How do we value shares of common stock of our REIT?

Our share price is established by the Board of SR Realty Trust no less than once per year and is based on the current market value of the company’s assets less liabilities and our prospects for future growth.

When are dividends paid?

Dividends are generally paid quarterly and can be issued through direct deposit (ACH). Shareholders may also enroll all, or a portion, of their dividends in the Dividend Reinvestment Program (DRiP) instead of receiving cash distributions.

May our shareholders hold shares in a retirement account?

Yes, in most cases shareholders are able to hold REIT shares in a qualified retirement plan; however, we urge shareholders to consult with their legal, financial, and tax advisors prior to holding shares in a qualified retirement plan.

How are the Operating Partnership Units Valued?

The operating partnership units are convertible on a one-for-one basis for common shares in the REIT and pay the same dividend per share as the commons shares, and, therefore, are valued at the same price per share as common shares.

What liquidity options are available to shareholders?

The Company currently offers a redemption program that allows the shareholders to sell their shares back to the Company at 97% of the then-current share price. The redemption program is subject to certain restrictions and can be suspended by the Company. For more information on the redemption program, please contact Evan Richardson.

How do I contribute property tax-deferred? How is my property valued?

The process starts by contacting the Company to discuss your property. If the property is deemed to be a fit for the Company’s portfolio, the purchase price is established by arms-length negotiation. Property owners may request the purchase price be paid in cash, Operating Partnership Units, or a combination of both.

What types of property will be considered?

Generally, the Company is seeking office, industrial, retail, and multi-family properties valued over $2 million. For more specific information, check the “Acquisition Criteria” page or contact Evan Richardson.

What if I sold my property?

If you have already sold your property and are planning to complete a 1031 exchange, you may contact Evan Richardson to discuss ways in which the Company may help facilitate your exchange.

What reports do shareholders receive?

Shareholders receive quarterly updates from the company that include unaudited financials as well as an annual report with audited year-end financial statements.

What tax forms do shareholders receive?

Each holder of common stock in SR Realty Trust, Inc. receives a Form 1099-DIV. Holders of operating partnership units receive K-1s.