[November 06, 2014] |
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Carter Validus Issues Statement Regarding Sponsored Non-Traded REITs
TAMPA, Fla. --(Business Wire)--
Carter Validus today issued the following statement regarding its
sponsored non-traded REITs, Carter Validus Mission Critical REIT, Inc.
("CVMCR") and Carter Validus Mission Critical REIT II, Inc. ("CVMCR II")
(collectively, the "Carter Validus REITs"):
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The board of directors of each of the Carter Validus REITs is
comprised of a majority of independent directors, with additional
oversight of the financial statements provided by an audit committee
comprised solely of independent directors.
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KPMG serves as the independent auditor of each of the Carter Validus
REITs.
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The Carter Validus REITs are supported by a dedicated financial
accounting and reporting team comprised solely of Carter Validus
employees and Carter Validus maintains its own financial reporting
practices with respect to the Carter Validus REITs.
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Each of the Carter Validus REITs, their sponsors, and advisors are
independently run and managed.
No employees or affiliated personnel of SC Distributors, LLC ("SCD"),
Strategic Capital Advisory Services Company ("SCAS"), RCS Capital
Corporation ("RCAP"), or RCAP-affiliated entities serve as executive
officers, directors, trustees or general partners in CVMCR II or
Carter Validus REIT Management Company II (CVMCR II's sponsor).
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Neither SCD nor SCAS exercise control or influence over our
investment, asset management or accounting functions, or any other
aspect of our management or operations.
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The Chief Financial Officer and Treasurer of each of the Carter
Validus REITs, Todd M. Sakow, has had a significant tenure with Carter
Validus since 2010. Mr. Sakow currently serves as Chief Financial
Officer and Treasurer of Carter Validus Advisors, LLC and Carter
Validus Advisors II, LLC, as well as Chief Financial Officer and
Treasurer of Carter Validus Mission Critical REIT, Inc. and Carter
Validus Mission Critical REIT II, Inc.
About Carter Validus Mission Critical REIT II, Inc.
Carter Validus Mission Critical REIT II, Inc. ("CVMCR II") is a public,
non-traded real estate investment trust (REIT). CVMCR II intends to
acquire mission critical real estate assets located throughout the
United States and abroad. Mission critical real estate assets are
purpose-built facilities designed to support the most essential
operations of tenants. CVMCR II will focus its acquisitions of mission
critical assets in the data centers and healthcare sectors.
More information about Carter Validus can be found its website - www.cartervalidus.com.
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