Curated News
By: NewsRamp Editorial Staff
January 07, 2025
Copper Property CTL Pass Through Trust Issues Monthly Report for December 2024
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- Certificateholders of Copper Property CTL Trust will receive a total distribution of $24.2 million, providing a significant financial advantage.
- The Trust filed a Form 8-K for the period ending December 31, 2024, detailing a $0.322926 distribution per trust certificate to be paid on January 10, 2025.
- Copper Property CTL Trust aims to sell acquired properties, benefiting the economy by revitalizing assets and contributing to community growth.
- The Trust, established to acquire retail properties, offers a unique opportunity for investors to engage in a liquidating trust, encouraging financial exploration.
Impact - Why it Matters
This news matters as it provides insight into the financial performance of the Trust and its ongoing operations. Certificateholders and investors can stay informed about distribution payments and the Trust's strategy moving forward.
Summary
The Copper Property CTL Pass Through Trust has filed its monthly report for December 2024, announcing a total distribution of $24.2 million to certificateholders. The Trust's operations focus on owning, leasing, and selling retail properties acquired from J.C. Penney as part of its Chapter 11 plan of reorganization.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Copper Property CTL Pass Through Trust Issues Monthly Report for December 2024
