RW Holdings, Rich Uncles REIT I complete merger
The merger closed Dec. 31.
RW Holdings NNN Real Estate Investment Trust Inc. completed its merger with Rich Uncles REIT I on Dec. 31.
The combined entity, which will retain the name RW Holdings NNN REIT Inc., has a total capitalization of about $475 million as of Nov. 30. Its real estate portfolio includes 45 properties, leased to 38 companies, across 14 states and has approximately 2.5 million square feet of total leasing space.
On a pro forma basis, the combined company's por...