PHOENIX, Feb. 14, 2018 (GLOBE NEWSWIRE) — Peachtree Partners announces revised pricing for DiVall Insured Income Properties 2 LP, Rock Hill Associates, American Tax Credit Trust – Series 1.
Based on our internal valuation and the internal NAV calculations of DiVall Insured Income Properties 2 LP, Rock Hill Associates, American Tax Credit Trust – Series 1 we believe our valuation of the REITs at $330 per LP interest of DiVall Insured Income Properties 2 LP, $7,500 per LP interest of Rock Hill Associates, and $40 per LP interest of American Tax Credit Trust – Series 1 better reflects a fair market for the shares. We offer sellers an enhanced pricing; better reflecting the value of shareholders’ holdings. In addition, we believe that this offer is in the best interest of all shareholders.
While third-party unsolicited tender offers are often an attempt to profit at your expense, we provide liquidity at prices reflecting our view of the value of these illiquid investments. If you are considering selling or participating in any tender offers, call us for our latest quote, which to date, has always been above any current tender offer.
This press release contains “forward-looking statements.” Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by us in our reports filed with the Securities and Exchange Commission.