Aspen REIT, Inc. Files for Initial Public Offering; Targets NYSE American Listing

NEW YORK–(BUSINESS WIRE)–Aspen REIT, Inc. (the “Company”), a newly-formed, single-asset real estate investment trust (“REIT”), today announced that it has filed a Form 1-A with the Securities and Exchange Commission (“SEC”) to launch a Regulation A+ initial public offering (“IPO”) to raise approximately $33.5 million in gross proceeds. The Company intends to use most of the net proceeds from IPO, together with equity in the Company’s subsidiary operating partnership, to acquire a 100% indirec