PINL:DTLAP - Post by User
Post by
Philbert77on May 26, 2018 2:46pm
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Post# 28084734
Something happening
Something happeningI am very curious with what is happening with DTLA. Huge amount of unpaid dividends on the preferreds. Bulldog got themselves onto the board to push for a payout of the dividends and then this May they are doing a market update session in LA & NY.
What is most interesting is the liquidation scenario shown in this presentation:
https://otp.tools.investis.com/clients/us/brookfield_dtla1/SEC/sec-show.aspx?FilingId=12740084&Cik=0001575311&Type=PDF&hasPdf=1
I am a holder and am waiting on a redemption of the preferreds.