![]() ![]() LLC was financial adviser to the special committee of the REIT's board, with Venable LLP as legal adviser. 30, following which the REIT plans to change its name to Sila Realty Trust Inc. The transaction is expected to close Sept. The REIT expects that the board-approved transaction will reduce its general and administrative expenses by about $18 million on an annualized basis, starting in 2021, among other benefits. II LLC, Carter Validus Advisors II LLC and their affiliates. Under the deal terms, the nontraded data center and healthcare real estate investment trust and its Carter Validus Operating Partnership II LP unit will acquire all the required assets from Carter Validus REIT Management Co. Carter Validus Mission Critical REIT II struck a deal to internalize its management in a roughly $40 million cash deal, with the consideration payable over a two-year period. ![]()
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