Comforia REIT Plans New Unit Issuance

Comforia Residential REIT, Inc. (JP:3282) has released an update.

Comforia Residential REIT, Inc. has announced a new issuance of investment units and a secondary offering, yet to be priced, which will be fully underwritten by a syndicate of major securities firms. The offering process will include a primary offering phase followed by subscription and payment periods, with key financial details to be solidified in a forthcoming board meeting. The entire process is contingent upon the effectiveness of a securities registration statement as per regulatory requirements.

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