Avalon Globocare Sells Avalon RT9 Properties Unit for $9 Million

Reuters

Feb 20

Avalon Globocare Sells Avalon RT9 Properties Unit for $9 Million

Avalon Globocare Corp. said it has sold 100% of the membership interests of its subsidiary Avalon RT 9 Properties, LLC—owner of the company’s principal office property in Freehold, New Jersey—to board chairman Wenzhao Lu for an aggregated $9.0 million. The consideration consisted of $3.1 million in cash previously advanced and the full satisfaction of about $5.9 million remaining on the property’s mortgage, relieving Avalon of its guarantor obligations on that mortgage.

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. Avalon Globocare Corp. 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: 0001213900-26-018475), on February 19, 2026, and is solely responsible for the information contained therein.

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ID: 0001213900-26-018475), on February 19, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4233","symbol_name":"房地产运营公司","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260219:nNDL6cKFtv:1","article_id":"2612236982","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612236982","pubTimestamp":1771538463,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Avalon Globocare Corp. said it has sold 100% of the membership interests of its subsidiary Avalon RT 9 Properties, LLC—owner of the company’s principal office property in Freehold, New Jersey—to board chairman Wenzhao Lu for an aggregated $9.0 million. 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Avalon Globocare Corp. 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 , on Fe","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4233":"房地产运营公司","BK4205":"房地产经营公司","ALBT":"Avalon GloboCare"},"translate_title":"Avalon Globocare以900万美元出售Avalon RT9 Properties部门","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALBT":0.9},"content_text":"Avalon Globocare Sells Avalon RT9 Properties Unit for $9 Million\n    \n\n        Avalon Globocare Corp. said it has sold 100% of the membership interests of its subsidiary Avalon RT 9 Properties, LLC—owner of the company’s principal office property in Freehold, New Jersey—to board chairman Wenzhao Lu for an aggregated $9.0 million. 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