UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported):December 9, 2016
First Capital Real Estate Trust Incorporated
(Exact Name of Registrant as Specified in Its Charter)
Maryland
(State or Other Jurisdiction of Incorporation)
| 333-178651 | 45-3770595 | |
| (Commission File Number) | (IRS Employer Identification No.) | |
60 Broad Street 34th Floor
New York, NY 10004
(Address, including zip code, of Principal Executive Offices)
(212) 388-6800
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 8.01. | Other Events |
Memorandum of Understanding
On December 9, 2016, First Capital Real Estate Trust Incorporated (the “Company”) entered into a Memorandum of Understanding (the “MOU”) with Palisades Capital Realty Advisors LLC (“Palisades”), which MOU provides, among other things, the retention of Palisades by the Company to provide advisory services in connection with potential strategic transactions, and asset development, among other matters. Palisades is an international investment management and advisory firm serving private, high net worth clients and institutions and joint venture partners in the U.S. and Latin America. Palisades is led by founder and Managing Principal Joaquin de Monet, formerly from Arden Realty Inc.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FIRST CAPITAL REAL ESTATE TRUST INCORPORATED | ||||
| Date: December 9, 2016 | By: | /s/ Suneet Singal | ||
| Name: | Suneet Singal | |||
| Title: | Chief Executive Officer | |||
