Item 2.02 Results of Operations and Financial Condition.
On
The information contained in this Item 2.02, including the related information set forth in the earnings release attached hereto as Exhibit 99.1 and incorporated by reference herein, is being "furnished" and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by the specific reference in such filing.
-------------------------------------------------------------------------------- Item 8.01 Other Events. Distribution Declaration OnMarch 9, 2021 , the Board of Directors of the Company approved and authorized a daily distribution to stockholders of record as of the close of business on each day for the period commencing onApril 1, 2021 and ending onApril 30, 2021 . The distributions will be equal to$0.001438 per share of the Company's common stock per day. The distributions for each record date inApril 2021 will be paid inMay 2021 . The distributions will be payable to stockholders from legally available funds therefor. Estimated Value Per Share OnMarch 9, 2021 , the Company's board of directors determined a new estimated value per share of$15.55 as ofDecember 31, 2020 . The new estimated value per share represents a$0.32 increase from the$15.23 value as ofMarch 6, 2020 . The estimated value per share as ofDecember 31, 2020 , was determined by the Company's board of directors after reviewing property-level and aggregate valuation analyses conducted by independent, third-party firms. -------------------------------------------------------------------------------- Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibits Description 99.1 Earnings Release datedMarch 12, 2021
--------------------------------------------------------------------------------
© Edgar Online, source