Rochester, N.Y. – Royal Oak Realty Trust, Inc. (“Royal Oak”), a privately offered real estate investment trust (“REIT”), managed by Cambridge Street Asset Management, LLC, announced on April 9, 2019 that the Independent Directors Committee of Royal Oak’s Board of Directors increased the Determined Share Value (“DSV”) of its common stock to $56.50 per share/unit for investments made after the May 1, 2019 closing.  The increase of $2.00 per share/unit represents a 3.7% increase over the current DSV of $54.50. In March 2014, Royal Oak shares were initially offered at $50.00. The total increase to date of $6.50 per share/unit represents a cumulative 13% increase in DSV since inception.

As noted in Royal Oak’s Confidential Private Placement Memorandum for its common stock, the Independent Directors review the DSV from time to time, but at least annually, and adjust the DSV as needed based on such factors as the Independent Directors Committee deems relevant in its sole discretion, including the appraised value of the properties in Royal Oak’s portfolio, management’s internal valuation of the common stock, third party valuations,  and other factors, which may include the change in offering price for the stock, the dividend yield, the total return on the common stock, the effect on reinvestment of distributions, and the redemption price for our common stock.  Among the factors considered by the Independent Directors Committee today was an independent third-party valuation study commissioned from a national advisory and valuation firm headquartered in Chicago, IL.

As a reminder, Royal Oak declares dividends to shareholders (and distributions to unitholders) in advance of the period to which they are applicable.  On March 5, 2019, the Board of Directors declared dividends for the 2^nd Quarter of 2019 (April, May and June) at an annualized rate of $3.78 per share/unit. The Board of Directors is scheduled to meet in late June for the 2^nd Quarter 2019 board meeting. Amongst other agenda items, the Board of Directors will consider dividends to be payable for the 3^rd Quarter of 2019 (July, August and September).

“We are proud of our management team’s diligent effort to grow our diversified portfolio and manage our balance sheet, and the value that has been created for our shareholders,” said Dan Goldstein, Royal Oak’s President and CEO. “Management supports the Independent Directors’ decision, and we are happy our shareholders are being rewarded for the commitment to and confidence in their Royal Oak investments.”

Please note this communication is not an offer to sell or the solicitation of an offer to purchase any security, which may only be made to accredited investors by the Company’s current confidential private placement memorandum and related documents.

About Royal Oak Realty Trust, Inc.

Royal Oak is a private, non-traded Real Estate Investment Trust (REIT) focused on the acquisition and operation of stabilized, mission critical, industrial and office net leased real estate, leased to credit-worthy tenants on long-term lease contracts. Royal Oak has a current portfolio consisting of 26 investments in 13 states, with a total capitalization of approximately $180 million.

The REIT, which has over 450 investors, is externally managed by Cambridge Street Asset Management LLC and takes in new, accredited investors on a monthly basis, with a minimum investment of $150,000 ($75,000 via financial advisor). Shares are offered directly via private placement. Please see certain important disclosures regarding Royal Oak at https://royaloakrealtytrust.com/disclosure/

For more information on Royal Oak, please visit www.royaloakrealtytrust.com

Forward-Looking Statements

This press release contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” or other similar words. Forward-looking statements involve known and unknown risks, which may cause the Company’s actual future results to differ materially from expected results, including risks related to general economic conditions, local real estate conditions, tenant financial health, property acquisitions and the timing of these acquisitions, and the availability of capital to finance planned growth, among others, as described in the Company’s filings with the Securities and Exchange Commission. Consequently, forward-looking statements should be regarded solely as reflections of our current operating plans and estimates as of the dates indicated. Actual operating results may differ materially from what is expressed or forecast in this press release. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date these statements were made.