A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
March 31, 2021
Pursuant to the Plan, the Fund s Board of Directors has approved the quarterly distribution of a fixed amount of $0.13755 per share of the Fund s common stock. The primary purpose of the Plan is to provide the Fund s stockholders with a more consistent, but not guaranteed, fixed minimum rate of distribution on a regular, quarterly basis. The Plan also may have the effect of narrowing the discount to net asset value per share at which the Fund s shares trade.
Distributions under the Plan may consist of net investment income, net realized short-term capital gains, net realized long-term capital gains and, to the extent necessary, return of capital (or other capital sources). With each distribution that does not consist solely of net investment income, the Fund will issue a notice to stockholders and an accompanying press release that will provide detailed information regarding the amount and composition of the distribution, as well as certain other related information.
Lionheart Strategic Management and Schroders Investment Management Enter Into a Loan Acquisition Agreement Targeting $250 Million in Real Estate Credit Investments
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NEW YORK, Jan. 19, 2021 /PRNewswire/ Lionheart Strategic Management LLC (Lionheart), an affiliate of Fisher Brothers that manages capital on behalf of third party investors, has entered into a loan acquisition agreement with Schroder Investment Management North America Inc. to target $250 million in transitional and distressed real estate credit investments. The venture will co-originate transactions and source and service loan opportunities through Lionheart Real Estate Credit Strategies LLC.
As an affiliate of Fisher Brothers, a fourth-generation real estate owner and operator, Lionheart is uniquely positioned with full-service operational, development and management support capabilities.