ACCESS Newswire
24 Jan 2023, 02:49 GMT+10
VIRGINIA BEACH, VA / ACCESSWIRE / January 23, 2023 / Cedar Realty Trust, Inc. (the 'Company') today announced the federal income tax treatment of its 2022 distributions to the holders of its common and preferred shares.
Shareholders are advised to consult their tax advisor about the specific tax treatment of 2022 dividends.
On August 22, 2022, Cedar Realty Trust, Inc. completed its merger with Wheeler Real Estate Investment Trust Inc. As a result of the merger each outstanding share of common stock of Cedar Realty Trust, Inc. held by shareholders immediately prior to the merger was cancelled and converted into the right to receive a cash payment of $9.48 per share (the 'Merger Consideration'). Shareholders are advised to consult their tax advisor about the specific tax treatment of the Merger Consideration.
About Cedar Realty Trust
Cedar Realty Trust, Inc., a wholly owned subsidiary of Wheeler Real Estate Investment Trust, Inc., is a real estate investment trust which focuses on owning and operating income producing retail properties with a primary focus on grocery-anchored shopping centers in the Northeast. The Company's portfolio comprises 19 properties, with approximately 2.8 million square feet of gross leasable area.
For additional financial and descriptive information on the Company, its operations, and its portfolio, please refer to the Company's website at www.whlr.us.
Contact Information:
Cedar Realty Trust, Inc.
(757) 627-9088
SOURCE: Cedar Realty Trust, Inc.
Get a daily dose of Detroit Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Detroit Star.
More InformationSLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...
WASHINGTON, D.C.: After months of warnings from former federal officials and weather experts, the deadly flash floods that struck the...
MOSCOW, Russia: Just hours after his sudden dismissal by President Vladimir Putin, Russia's former transport minister, Roman Starovoit,...
DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
ZAGREB, Croatia: A massive concert by popular Croatian singer Marko Perković, known by his stage name Thompson, has drawn widespread...
WASHINGTON, D.C.: Elon Musk's entry into the political arena is drawing pushback from top U.S. officials and investors, as his decision...
(Photo credit: Troy Taormina-Imagn Images) Cleveland Guardians third baseman Jose Ramirez on Wednesday pulled out of next week's...
(Photo credit: Matthew Dae Smith/Lansing State Journal / USA TODAY NETWORK via Imagn Images) The Edmonton Oilers acquired reigning...
The Hungarian PM mocked the EU chief ahead of Thursdays no confidence vote over her handling of vaccine deals Hungarian Prime Minister...
(Photo credit: Troy Taormina-Imagn Images) With Houston closer Josh Hader having last worked on Saturday and the Astros set for an...
(Photo credit: Matt Krohn-Imagn Images) The streaking Detroit Tigers can reach the 60-win mark as early as Wednesday when they host...
Between 2010 and 2017, there were approximately 50 drowning fatalities each year associated with rough surf and strong currents in...