CorporateBankruptcy or Restructuring2026-05-14🇺🇸
FREIT board approves voluntary liquidation plan to maximize shareholder value
source: First Real Estate Investment Trust of New Jersey, Inc. (FREIT) Board of Directors -> target: First Real Estate Investment Trust of New Jersey, Inc. (FREIT)
On 2026-05-14, FREIT's board unanimously approved a plan of voluntary liquidation and dissolution of the trust. The plan calls for selling or disposing of all assets and remains subject to stockholder approval later in 2026.
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Location
HackensackNew JerseyNorth AmericaUnited StatesNorth America40.886, -74.043
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