Frequently Asked Questions

  • Aspen REIT intends to apply to list on the NYSE American exchange (NYSE American) under the symbol "AJAX".
  • A real estate investment trust (“REIT”) is a company that owns income-producing real estate or real estate-related assets. To qualify as a REIT, a company must have the bulk of its assets and income connected to real estate investment and must distribute at least 90 percent of its taxable income to stockholders annually in the form of dividends.
  • Aspen REIT, Inc. is a Maryland corporation that has been formed to own the St. Regis Aspen Resort in Aspen, Colorado. We are a single-asset REIT and currently intend to own only the St. Regis Aspen Resort. Therefore, an investment in our common stock is an investment in the St. Regis Aspen Resort.

    Investors in Aspen REIT are owners of a well-recognized, trophy asset, managed by a subsidiary of Marriott International Inc. Investors are expected to benefit from enhanced liquidity and transparency given the Company’s intention to be a public filer.
  • Aspen REIT currently intends to make regular quarterly distributions to holders of shares of its common stock. Any distributions Aspen REIT makes will be determined by its board of directors in its sole discretion out of funds legally available therefor and will depend upon a number of factors, including Aspen REIT's actual and anticipated results of operations, cash flows and financial position, economic or market conditions, prohibitions or other restrictions under financing agreements, Aspen REIT's qualification as a REIT, applicable law and other factors described in our offering circular. Aspen REIT's results of operations, cash flows and financial position will be affected by a number of factors, including the revenue Aspen REIT receives from the St. Regis Aspen Resort, interest expense and any unanticipated expenditures. For more information regarding anticipated distributions to stockholders, please review the information under the heading 'Distribution Policy' in our preliminary offering circular. For more information regarding factors that could materially and adversely affect our results of operations, cash flows and financial position, and our ability to pay dividends and make other distributions to our stockholders, please review the information under the headings 'Cautionary Note Regarding Forward-Looking Statements' and 'Risk Factors' in our preliminary offering circular. The most recent version of the preliminary offering circular can be found by visiting: http://www.m-vest.com/aspenreit.