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RREEF Property Trust continues portfolio expansion with acquisition of Boston-area medical office building

Sep 30, 2016 |    PDF , 191 KB Download
RREEF Property Trust (ZRPTAX, ZRPTIX, ZRPTTX) today announced the acquisition of 40 Allied Drive in Dedham, MA, a fully-leased Class-A, 64,127 rentable-square-foot medical office building outside of Boston, Massachusetts. The acquisition continues RREEF Property Trust’s strategy to diversify its holdings based on sector and geography.

RREEF Property Trust expands property portfolio into the Washington DC metropolitan area with purchase of Class-A office property

Dec 23, 2015 |    PDF , 36 KB Download
RREEF Property Trust today announced the acquisition of Loudoun Gateway I, an institutional-quality Class-A, 102,015 square-foot office building in Sterling, VA, for $21.95 million. This is RREEF Property Trust’s first acquisition in the Washington, DC metropolitan area and increases fund’s geographic diversification.

RREEF Property Trust continues portfolio expansion with acquisition of Class-A student housing property

Oct 1, 2015 |    PDF , 44 KB Download
RREEF Property Trust today announced the acquisition of The Flats at Carrs Hill, a Class-A 138 unit, 316 bed student housing community in Athens, Georgia, for $27.0 million.

RREEF Property Trust announces closing of $75 million secured revolving credit facility

Mar 19, 2015 |    PDF , 289 KB Download
RREEF Property Trust, a publicly registered, daily NAV REIT, announced today the closing of a $75 million secured revolving credit facility with Wells Fargo Bank, National Association on March 6, 2015. At closing, RREEF Property Trust borrowed approximately $43.4 million under the Facility to retire and replace RREEF Property Trust’s existing $50 million secured revolving credit facility with Regions Bank, which was scheduled to mature on May 1, 2015.

RREEF Property Trust announces new officer appointments and a new fund administration partner for its advisor

Feb 5, 2015 |    PDF , 295 KB Download
RREEF Property Trust announced today the appointment of Julianna Ingersoll as its Chief Operating Officer and Executive Vice President, Eric Russell as its Chief Financial Officer and Vice President and Aimee Samford as its Treasurer, effective immediately. RREEF Property Trust’s sponsor and advisor is RREEF America L.L.C., a division of Deutsche Asset & Wealth Management.

RREEF Property Trust acquires Shops at Terra Nova Plaza in Southern California

Oct 6, 2014 |    PDF , 160 KB Download
RREEF Property Trust (ZRPTAX) today announced the acquisition of Shops at Terra Nova Plaza, a retail property in Chula Vista, California, for $21.9 million. Located at 390 and 394 East H Street, the retail property comprises 96,114 square feet. The building is 100% leased to two tenants, both with long-term leases in place. The property benefits from close proximity to downtown San Diego with excellent access to regional transportation systems.

RREEF Property Trust Acquires Anaheim Hills Office Plaza in Southern California

Jul 1, 2014 |    PDF , 199 KB Download
RREEF Property Trust today announced the acquisition of Anaheim Hills Office Plaza, a high quality multi-tenant office building in Orange County, California for $18.5 million.

RREEF Property Trust Acquires Commerce Corner, a state-of-the-art Distribution Center in New Jersey

Apr 14, 2014 |    PDF , 56 KB Download
RREEF Property Trust announced today the acquisition of Commerce Corner, a state-of-the-art, multi-tenant warehouse and distribution center in Logan Township, New Jersey for $19.75 million.

RREEF Property Trust Acquires North Seattle’s Wallingford Plaza

Dec 19, 2013 |    PDF , 53 KB Download
RREEF Property Trust announced today its acquisition of Wallingford Plaza, a mixed-use retail and office property in North Seattle, for approximately $12.75 million.

RREEF Property Trust Acquires Office Property in Chicago Suburb

May 31, 2013 |    PDF , 59 KB Download
RREEF Property Trust announced today the acquisition of 9022 Heritage Parkway, an office property, in Woodridge, Illinois for $13.3 million.

RREEF Property Trust Announces Escrow Break and Cash Distributions

May 31, 2013 |    PDF , 59 KB Download
RREEF Property Trust announced today that it has commenced operations by breaking escrow with proceeds of $10 million from an investment by its sponsor, RREEF America L.L.C.

RREEF Property Trust’s Offering Declared Effective

Jan 3, 2013 |    PDF , 17 KB Download
RREEF Property Trust announced today that its registration statement pertaining to its public offering of up to $2.5 billion in shares of common stock was declared effective by the United States Securities and Exchange Commission. RREEF Property Trust intends to use the net proceeds from its offering to invest in a diversified portfolio of high quality, income-producing commercial real estate properties, primarily in the office, industrial, retail and multifamily sectors as well as stock of publicly traded REITs and other real estate companies, and debt backed by real estate.

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