KBS Real Estate Investment Trust II
KBS Capital Markets Group (“KBS-CMG”) is a distributor whose team connects financial advisors and their clients to KBS-sponsored real estate investment trusts (REITs). KBS-CMG was formed in early 2005 to distribute a broad range of real estate and real estate-related investment products exclusively through investment professionals. The company helps financial advisors and their clients tap into real estate opportunities historically available only to large institutions. The Company has suspended its dividend reinvestment and share redemption programs. A special committee consisting of independent directors has determined that it is in the best interests of the Company to market for sale its assets. A proposed plan of liquidation would be presented to the Company's shareholders for approval depending on the scope of asset sales. The Company reported an updated estimated share value of $5.49, as of September 30, 2016. The Company has declared a cash distribution for the month of March in the amount of $0.02331370 per share and a distribution for the month of April in the amount of $0.02256164 per share.