Scott sun sign is Taurus and his birth flower is Lily Of The Valley & Hawthorn.īirthdate 12-May Day of Birth Sunday Year of Birth 1968 Birth Sign Taurus Birth Sign Duality Passive Birth Sign Modality & Element Fixed Earth Opposite Sign Scorpioīody measurements informations are given below: Scott Schwartz’s birthday is on 1 and was born on Sunday. Vic Kolenc may be reached at 546-6421 on Twitter.Bio / Wiki Full Name Scott Schwartz Occupation Actor Age 54 Date of Birth Place of Birth Sacramento California, United States Star Sign Taurus Country United States Gender Male Gallagher said a shareholders meeting will be held in mid-September to "provide shareholders with information about (the trust's) current status." In the letter, Cardwell promised shareholders that the board would hold a shareholders meeting this year to provide information on a revised investment strategy. The refunds were authorized because the offering was tied to the canceled housing venture with the Dallas developer. In a May letter to shareholders informing them of the trust's failed initial housing venture, trust Chairman Jack Cardwell said the board authorized the trust to buy back shares at the $7.75 per share offering price from people who bought them in the 2015 offering, and had met their purchase obligations. The trust paid $856,000 in dividends to its shareholders, or 30 cents per share, annually in recent years, it reported.īorderplex trust officials are not commenting on matters tied to its 2015 stock offering or future plans while litigation is pending, Jamie Gallagher, trust senior vice president, reported in an email. ![]() That's also the price it valued its operating partnership units. That's how the trust came up with the $7.75 per share price in its 2015 offering, it reported. The trust, which valued the vacant office building at $1.6 million in its financial reports, exchanged it for 150,000 operating partnership units held by what it termed as partners in the trust. Those units were valued by the trust late last year at $1.2 million, or $7.75 per unit.Īn unidentified investor in 2013, paid more than $1.1 million for shares from 11 selling shareholders in a private auction. The offering memo also revealed details about the trust's 2014 sale of the 15-story historic Bassett Tower to a group headed by El Paso businessman Lane Gaddy, who is redeveloping several Downtown properties. It's 13 Downtown retail properties were almost 73 percent occupied last fall, and had average rents of $8.90 per square foot. The trust had modest profits in 20, but lost more than $1 million in each of the last two years, largely due to costs for refinancing the office buildings' loans, it reported in the offering memo. The trust has spent $8.3 million for improvements at the office buildings in the last several years, and plans to spend another $7.3 million over the next five years for additional improvements, it reported. However, the refinanced loans were larger than the previous loans and the trust also had to pay $2.6 million in prepayment penalties for the refinancing. The trust refinanced the buildings' loans in 20, which resulted in lower interest rates, and allowed it to get $3 million in cash, it reported. No sales prices were divulged, but the trust now owes $10 million on the Chase building, which the El Paso Central Appraisal District had valued at $12.5 million last year for tax purposes and it owes $11.8 million on the Wells Fargo building, which had a tax appraisal of $11.3 million last year. The Chase Tower and Wells Fargo buildings were the trust's first acquisitions. ![]() The trust is the sole general partner of its partnership. In 2008, the trust reorganized its legal structure and formed an operating partnership, which owns and operates its holdings.
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