Copper Property CTL Pass Through Trust has announced a binding purchase and sale agreement for the sale of its portfolio of 119 properties to an affiliate of Onyx Partners, Ltd. for $947 million in an all-cash transaction. The agreement, finalized on July 23, 2025, includes conditions typical for real estate transactions, such as closing adjustments and prorations. The transaction is expected to close by September 8, 2025, with the Trust planning to distribute the net proceeds to Certificateholders afterwards.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Copper Property CTL Pass Through Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001837671-25-000039), on July 25, 2025, and is solely responsible for the information contained therein.