Apple REIT Ten
The downtown REIT renewed its prospectus to continue trying to sell its 97.67 million unsold shares. The shares will be sold at $11 each for expected proceeds of about $1.07 billion. Apple REIT Ten first began selling shares 182.25 million shares in early 2011. Its initial offering expired on Jan. 19, 2014. Most investors must purchase a minimum of $5,000 in units. Each unit consists of one common share and one Series A preferred share.
Community Bankers Trust (ESXB)
The Essex Bank parent appointed Gerald F. Barber to its board of directors on March 21. Barber previously worked for PricewaterhouseCoopers and was an adjunct professor at the University of Virginia’s McIntire School of Commerce.
Apple REIT Ten
The downtown REIT renewed its prospectus to continue trying to sell its 97.67 million unsold shares. The shares will be sold at $11 each for expected proceeds of about $1.07 billion. Apple REIT Ten first began selling shares 182.25 million shares in early 2011. Its initial offering expired on Jan. 19, 2014. Most investors must purchase a minimum of $5,000 in units. Each unit consists of one common share and one Series A preferred share.
Community Bankers Trust (ESXB)
The Essex Bank parent appointed Gerald F. Barber to its board of directors on March 21. Barber previously worked for PricewaterhouseCoopers and was an adjunct professor at the University of Virginia’s McIntire School of Commerce.