FREIT BOARD OF DIRECTORS APPROVES PLAN OF VOLUNTARY LIQUIDATION TO MAXIMIZE VALUE FOR STOCKHOLDERS

FREIT BOARD OF DIRECTORS APPROVES PLAN OF VOLUNTARY LIQUIDATION TO MAXIMIZE VALUE FOR STOCKHOLDERS

Current Estimate of Distributions to Stockholders is Approximately $24.44 to $30.03 Per Share;  Representing Significant Premium to Latest Closing Stock Price HACKENSACK, N.J., May 14, 2026 /PRNewswire/ -- First Real Estate Investment Trust of New Jersey, Inc. ("FREIT" or the "Trust") announced today that its Board of Directors (the "Board") has unanimously approved a plan of voluntary liquidation, which provides for the voluntary liquidation an…

FREIT Board Approves Voluntary Liquidation Plan to Maximize Stockholder Value

The Board of Directors of FREIT approved a plan of volu […] The post FREIT Board Approves Voluntary Liquidation Plan to Maximize Stockholder Value first appeared on GeneOnline News. The post FREIT Board Approves Voluntary Liquidation Plan to Maximize Stockholder Value appeared first on GeneOnline News.