0001179110-16-020122.txt : 20160225 0001179110-16-020122.hdr.sgml : 20160225 20160225094357 ACCESSION NUMBER: 0001179110-16-020122 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160223 FILED AS OF DATE: 20160225 DATE AS OF CHANGE: 20160225 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Sterling Real Estate Trust CENTRAL INDEX KEY: 0001412502 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 900115411 STATE OF INCORPORATION: ND FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1711 GOLD DRIVE S STREET 2: SUITE 100 CITY: FARGO STATE: ND ZIP: 58103 BUSINESS PHONE: 701-353-2720 MAIL ADDRESS: STREET 1: 1711 GOLD DRIVE S STREET 2: SUITE 100 CITY: FARGO STATE: ND ZIP: 58103 FORMER COMPANY: FORMER CONFORMED NAME: INREIT Real Estate Investment Trust DATE OF NAME CHANGE: 20070917 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Regan Kenneth P CENTRAL INDEX KEY: 0001519609 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-54295 FILM NUMBER: 161454191 MAIL ADDRESS: STREET 1: PO BOX 3145 CITY: FARGO STATE: ND ZIP: 58103 4 1 edgar.xml FORM 4 - X0306 4 2016-02-23 0 0001412502 Sterling Real Estate Trust NONE 0001519609 Regan Kenneth P 1711 GOLD DRIVE SOUTH SUITE 100 FARGO ND 58103 0 1 1 1 Chief Executive Officer Trustee Limited Partnership Units 2016-02-23 5 J 0 E 4074.0310 15.50 D Common Shares 4074.0310 0.000 I by Kenneth P Regan, LLC Limited Partnership Units 2016-02-23 5 J 0 E 4074.0310 15.5 A Common Shares 4074.0310 2059740.8500 D Pursuant to the LLLP Agreement of the operating partnership, holders of limited partnership units may, after a two year holding period, elect to have their limited partnership units redeemed. Upon a redemption request, Sterling Real Estate Trust has the option to purchase the limited partnership units directly, either in cash or in common shares of beneficial interest at an exchange rate of one-to-one. These derivative securities do not have an expiration date. Represents a transfer of shares held indirectly by an LLC to Mr. Regan for no consideration. The excercisable date is not applicable as no limited partnership units remain in the account. These Limited Partnership Units may be redeemed as described under footnote 1 anytime after a two year holding period. /s/Bradley J. Swenson Attorney-in-Fact 2016-02-25