If you have already submitted a redemption request form, there is no further action required of you at this time.
Redemptions are not refunded automatically or on any specific time-frequency. We are not currently liquidating redemptions.
Please know that if/when your request is processed, to stay in compliance with SEC and IRS guidelines, the amount you are redeemed will be equal to your ending capital balance cited on your most current Schedule K-1.
Since there is no public trading market for our interests, you may never be able to liquidate your investment or otherwise dispose of your interests. The redemption program is currently in place as a guide to determine if and when a redemption request is approved. However, the Company cannot guarantee that a redemption request or “buy back” of your interests will be approved.
Expect redemption updates to be emailed on or before the 15th day of the second month of each fiscal quarter: February 15, May 15, August 15, and November 15.
For more information, please reference this article: What is TREF's redemption policy? How does a refund/redemption/selling my shares work?