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    Corporate Headquarters
    800 Newport Center Dr., Suite 700 Newport Beach, CA 92660
    info@kbs.com
    (949) 417-6500
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Day: April 10, 2018

Press Releases

KBS Signs Over 11,000-Square-Foot Lease at SouthTech Business Center

  • April 10, 2018
AUSTIN, Texas (April 10, 2018) – KBS Realty Advisors of Newport Beach, California announced today the renewal of a 11,233-squarefoot lease to the Texas Attorney General’s Office.
Press Releases

KBS REIT II Closes $500-Million Financing Agreement

  • April 10, 2018
NEWPORT BEACH, Calif. (April 10, 2018) – KBS Real Estate Investment Trust II (“KBS REIT II”), a non-traded real estate investment trust based in Newport Beach, California, announced today the close of a up to $500 million loan facility. The two-year agreement, facilitated by Bank of America Merrill Lynch, is comprised of $375 million of term debt, which was funded at the close, and up to $125 million of revolving debt.
Press Releases

KBS Growth & Income Real Estate Investment Trust Announces Increase to Regular Dividend

  • April 10, 2018
NEWPORT BEACH, Calif. (April 10, 2018) – KBS Growth & Income Real Estate Investment Trust (the “Company” or “KBS Growth & Income REIT”), sponsored by KBS in Newport Beach, California, has announced that its Board of Directors has approved an increase to its dividend. The new daily distribution rate of $0.00144493 per share is payable to stockholders of record each day commencing May 1, 2018 through May 31, 2018. This daily amount would equal a 6.0% annualized rate based on the December 8, 2017 estimated value per share of $8.79 if paid each day for a 365-day period. The Company is currently paying a 5.5% annualized dividend.
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