MVP REIT Defers NASDAQ Listing

Earlier this month, MVP REIT Inc. and MVP REIT II Inc. jointly announced the engagement of Ladenburg Thalmann & Co. Inc. to assist the real estate investment trusts in evaluating various courses of action intended to enhance stockholder liquidity and value. In connection with such an engagement, MVP REIT has decided to defer taking further action to list the company’s common shares on the NASDAQ Global Market until Ladenburg Thalmann completes its evaluation.

After reviewing Ladenburg Thalmann’s completed evaluation, the MVP REIT board of directors will decide whether to proceed with a listing on the NASDAQ Global Market or take other actions to enhance stockholder liquidity and value. MVP REIT currently expects that no decision on this matter will be made prior to the end of the first fiscal quarter of 2017.

MVP REIT, a publicly registered, non-traded hybrid real estate investment trust, completed its initial public offering in September 2015 after raising $97.3 million from the sale of its common stock.

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