Thursday, August 23rd, 2018 | 4:00pm EDT
RREEF Property Trust -
Second Quarter Investor Update Call
Speakers: Eric Russell, CFO, RREEF Property Trust
Julianna Ingersoll, CEO, RREEF Property Trust
Participant Toll-Free Dial-In Number: 800-374-0822
Conference ID: 7471419
| Class A | Class I | Class T | |
|---|---|---|---|
| NAV Price Per Share | $14.00 | $14.09 | $14.04 |
| Distribution | 4.74% | 5.21% | 4.72% |
The distributions and income that we pay are uncertain and not guaranteed. The timing and amount of distributions is determined by our board of directors. We may pay distributions from sources other than income including, but not limited to the proceeds of our offering, borrowings, or the sale of properties or other investments. Distributions paid from sources other than cash flow from operations may not be sustainable. Through 12/31/15, our expenses were supported by expense support payments from our advisor, which are subject to repayment in future periods and will reduce cash flows during those periods. If our advisor had not made the expense support payments, a greater proportion of the distributions would have been funded from offering proceeds or borrowings. For the year ended 12/31/16, we paid distributions of $4.5 million, of which $2.6 million, or 58% of total distributions, was paid from cash flow from operations and $1.9 million, or 42% of total distributions, was paid through the issuance of shares pursuant to our distribution reinvestment plan.
