0001174947-15-000500.txt : 20150323 0001174947-15-000500.hdr.sgml : 20150323 20150323143001 ACCESSION NUMBER: 0001174947-15-000500 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20150323 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20150323 DATE AS OF CHANGE: 20150323 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY CENTRAL INDEX KEY: 0000036840 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 221697095 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25043 FILM NUMBER: 15718794 BUSINESS ADDRESS: STREET 1: 505 MAIN ST STREET 2: P O BOX 667 CITY: HACKENSACK STATE: NJ ZIP: 07602 BUSINESS PHONE: 2014886400 MAIL ADDRESS: STREET 1: P O BOX 667 STREET 2: 505 MAIN STREET CITY: HACKENSACK STATE: NJ ZIP: 07602 8-K 1 form8k-13501_freit.htm 8-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K


CURRENT REPORT

 

Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

March 23, 2015

FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY

(Exact name of registrant as specified in charter)

New Jersey 000-25043 22-1697095
(State or other jurisdiction of
incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)

 

505 Main Street, Hackensack, New Jersey 07601
(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (201) 488-6400

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))

 

 
 

 

 

Section 8 – Other Events

 

Item 8.01 Other Events

 

FREIT announced today the final results of its tender offer to purchase up to 100,000 shares of benefit interest in the Company at a price of $23.00 per share, which expired at midnight, New York City time, on March 20, 2015. A copy of the press release is furnished herewith as Exhibit 99.1.

 

Section 9 –Financial Statements and Exhibits

 

Item 9.01 Financial Statements and Exhibits

 

Exhibit  
Number Description
   
99.1 Press release – FREIT announces commencement of tender offer to purchase up to 100,000 shares of beneficial interest
   

 

 

2
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  FIRST REAL ESTATE INVESTMENT
TRUST OF NEW JERSEY
   (Registrant)
   
   
  By:  /s/ Robert S. Hekemian
    Robert S. Hekemian
    Chairman of the Board

Date: March 23, 2015

 

 

3
 

EXHIBIT INDEX

 

 

Exhibit
Number
Description
   
99.1 Press Release – FREIT announces final results of its tender offer.

 

 

4
 

EX-99.1 2 ex99-1.htm EX-99.1

 

 Exhibit 99.1

 

 

 

 

HACKENSACK, NJ, March 23, 2015: FREIT announces final results of its tender offer.

 

FIRST REAL ESTATE INVESTMENT TRUST OF NJ (“FREIT”) announced today the final results of its tender offer to purchase up to 100,000 shares of benefit interest in the Company at a price of $23.00 per share, which expired at midnight, New York City time, on March 20, 2015.

 

FREIT has accepted for purchase 92,355 shares of beneficial interest at a price of $23.00 per share, for an aggregate purchase price of $2,124,165. Based on the final tabulation by Computershare Trust Company, N.A., the Depositary for the tender offer, 92,355 shares of beneficial interest were properly tendered and neither withdrawn nor tendered conditionally by stockholders with conditions that were not met.

 

The Depositary will promptly issue payment for the shares validly tendered and accepted for purchase and will return all other shares tendered.

 

Immediately following the purchase of the tendered shares, FREIT expects to have 6,728,816 shares of beneficial interest outstanding.

The Information Agent for the tender offer is Georgeson Inc. For questions and information, please call the Information Agent toll free at 1-800-314-4549.

 

Forward-Looking Statement

This release contains forward-looking statements. These forward-looking statements are not guarantees and are subject to a number of factors, including (1) developments or changes in economic or market conditions, (2) developments or changes in the securities markets, (3) developments or changes in the business or condition of FREIT or in its cash flows, including longer than anticipated lease-up periods or the inability of tenants to pay increased rents and (4) the factors identified under “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended October 31, 2014, and in other reports filed by FREIT with the SEC. FREIT disclaims any intent or obligations to update these forward-looking statements.

 

First Real Estate Investment Trust of New Jersey is a publicly traded (over-the-counter – symbol FREVS) REIT organized in 1961. It has approximately $305 million (historical cost basis) of assets. Its portfolio of residential and commercial properties extends from Eastern L.I. to Maryland, with the largest concentration in Northern New Jersey.

 

For additional information contact Shareholder Relations at (201) 488-6400

Visit us on the web: www.freitnj.com

 

1
 

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