(BPRW) Tulsa Real Estate Fund Declares Cash Dividend
(Black PR Wire) East Point, GA – Tulsa Real Estate Fund, LLC (TREF), today announced its Fund Manager declared a cash dividend of $1.76 per share. The dividend will be paid on February 12, 2021 to all investors of record as of February 1, 2021.
“When we launched Tulsa Real Estate Fund in June of 2018, I committed that TREF would seek to provide our partners with long term returns. We continue along that path and to be able to declare our inaugural dividend payment is a source of tremendous pride for me, my staff and hopefully for all of our founding partners,” stated Jay Morrison, the Fund Manager for Tulsa Real Estate Fund. “While this dividend payout is the first; I hope, as the inaugural dividend, it serves as an enduring testament to the forward steps we’re taking together in practicing group economics through the historic Tulsa Real Estate Fund.”
About Tulsa Real Estate Fund
Tulsa Real Estate Fund is a real estate company that allows both accredited and non-accredited investors to collectively participate in real estate investments.
Tulsa Real Estate Fund is the first, African-American controlled real estate company that has raised capital through an SEC qualified, Tier II Regulation A offering. It is an economic vehicle inspired by the historic Black Wall Street of Tulsa, Oklahoma.
Tulsa Real Estate Fund was created for the revitalization of urban communities and as a means for more people to own shares and equity in a portfolio of real estate assets. For more information on Tulsa Real Estate Fund or #ThePeoplesFund, call (844) 73-TULSA or visit www.TulsaRealEstateFund.com.
Cautionary Statements Regarding Forward-Looking Information
The declaration of cash dividends in the future, pursuant to the Company’s dividend policy, is subject to final determination each quarter by the Fund Manager based on a number of factors, including the Company’s financial performance and its available cash resources. For these reasons, as well as others, there can be no assurance that dividends in the future will be equal or similar to the amount described in this press release or that the Fund Manager will not decide to suspend or discontinue the payment of cash dividends in the future.
Statements in this news release regarding our expectations and beliefs about our future financial performance and trends in our markets are “forward- looking statements” as defined in the Private Securities Litigations Reform Act of 1995. Forward-looking statements often include the words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” “project,” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.”
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