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NORTH VANCOUVER, BC, January 4, 2022 / CNW / – Sunstone Opportunity (2007) Realty Trust (the “Trust”) and Sunstone Opportunity (2007) Mortgage Fund (the “Mortgage Fund”) announce the sale of the last remaining property in their original portfolio with the sale of Health Plus Professional building, located Calgary, A B. The sale was completed on October 6, 2021.
As a result of the disposition, the mortgage fund paid a return of capital and a final distribution in the amount of $ 266,200 ($ 6.05 per unit) to unitholders of record December 15, 2021 with a payment date of 23 December 2021.
The Trust and the Mortgage Fund had given notice of their intention to terminate and dissolve to The Canadian Depository for Securities Limited (“CDS“) and should complete the dissolution on December 31, 2021. The notice must, among other things, specify the date of termination and the location where CDS is to deliver the certificates representing the Units for cancellation.
SOURCE Sunstone Opportunity (2007) Real Estate Trust
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