Source: thediwire

Reven: Former KBS REIT Completes Merger with Publicly-Traded REIT

Pacific Oak Strategic Opportunity REIT Inc. (SOR), a publicly registered non-traded real estate investment trust formerly known as KBS Strategic Opportunity REIT Inc., has completed the previously announced merger with Reven Housing REIT Inc. (NASDAQ: RVEN), a publicly traded REIT, for approximately $56.6 million in cash, or $5.13 per share of Reven common stock.

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Est. Annual Revenue
$100-500M
Est. Employees
1-25
Chad M. Carpenter's photo - Chairman & CEO of Pacific Oak Residential Trust, Inc.

Chairman & CEO

Chad M. Carpenter

CEO Approval Rating

69/100

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