UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 1, 2016
DIVIDEND CAPITAL DIVERSIFIED PROPERTY FUND INC.
(Exact Name of Registrant as Specified in its Charter)
| Maryland | 000-52596 | 30-0309068 | ||
|
(State or other jurisdiction of incorporation) |
(Commission File No.) |
(I.R.S. Employer Identification No.) |
| 518 Seventeenth Street, 17th Floor, Denver CO | 80202 | |
| (Address of Principal Executive Offices) | (Zip Code) |
(303) 228-2200
(Registrant’s telephone number, including area code)
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Dividend Capital Diversified Property Fund Inc. (referred to herein as the “Company,” “we,” “our,” or “us”) is filing this Current Report in order to disclose the daily net asset value (“NAV”) per share, as determined in accordance with our valuation procedures for each business day from September 1, 2016 through September 30, 2016, for each of our classes of common stock.
Recent Pricing Information (unaudited)
Below is the daily NAV per share, as determined in accordance with our valuation procedures, for each business day from September 1, 2016 through September 30, 2016, for each of our classes of common stock (we refer to our unclassified shares of common stock as “Class E” shares):
| Date | NAV per Share | |||||||||||||||
| Class E | Class A | Class W | Class I | |||||||||||||
| September 1, 2016 | $ | 7.43 | $ | 7.43 | $ | 7.43 | $ | 7.43 | ||||||||
| September 2, 2016 | $ | 7.43 | $ | 7.43 | $ | 7.43 | $ | 7.43 | ||||||||
| September 5, 2016 | $ | 7.43 | $ | 7.43 | $ | 7.43 | $ | 7.43 | ||||||||
| September 6, 2016 | $ | 7.43 | $ | 7.43 | $ | 7.43 | $ | 7.43 | ||||||||
| September 7, 2016 | $ | 7.43 | $ | 7.43 | $ | 7.43 | $ | 7.43 | ||||||||
| September 8, 2016 | $ | 7.43 | $ | 7.43 | $ | 7.43 | $ | 7.43 | ||||||||
| September 9, 2016 | $ | 7.43 | $ | 7.43 | $ | 7.43 | $ | 7.43 | ||||||||
| September 12, 2016 | $ | 7.43 | $ | 7.43 | $ | 7.43 | $ | 7.43 | ||||||||
| September 13, 2016 | $ | 7.43 | $ | 7.43 | $ | 7.43 | $ | 7.43 | ||||||||
| September 14, 2016 | $ | 7.44 | $ | 7.44 | $ | 7.44 | $ | 7.44 | ||||||||
| September 15, 2016 | $ | 7.44 | $ | 7.44 | $ | 7.44 | $ | 7.44 | ||||||||
| September 16, 2016 | $ | 7.44 | $ | 7.44 | $ | 7.44 | $ | 7.44 | ||||||||
| September 19, 2016 | $ | 7.44 | $ | 7.44 | $ | 7.44 | $ | 7.44 | ||||||||
| September 20, 2016 | $ | 7.44 | $ | 7.44 | $ | 7.44 | $ | 7.44 | ||||||||
| September 21, 2016 | $ | 7.45 | $ | 7.45 | $ | 7.45 | $ | 7.45 | ||||||||
| September 22, 2016 | $ | 7.45 | $ | 7.45 | $ | 7.45 | $ | 7.45 | ||||||||
| September 23, 2016 | $ | 7.45 | $ | 7.45 | $ | 7.45 | $ | 7.45 | ||||||||
| September 26, 2016 | $ | 7.45 | $ | 7.45 | $ | 7.45 | $ | 7.45 | ||||||||
| September 27, 2016 | $ | 7.45 | $ | 7.45 | $ | 7.45 | $ | 7.45 | ||||||||
| September 28, 2016 | $ | 7.48 | $ | 7.48 | $ | 7.48 | $ | 7.48 | ||||||||
| September 29, 2016 | $ | 7.48 | $ | 7.48 | $ | 7.48 | $ | 7.48 | ||||||||
| September 30, 2016 | $ | 7.48 | $ | 7.48 | $ | 7.48 | $ | 7.48 | ||||||||
On any day, our share sales and redemptions will be made based on the day’s applicable per share NAV carried out to four decimal places. On each business day, our NAV per share for each class is (1) posted on our website, www.dividendcapitaldiversified.com, and (2) made available on our toll-free, automated telephone line, (888) 310-9352.
Property Disposition
On September 30, 2016, we sold a 178,000 square foot office property (“Sunset Hills”) located in the Washington, DC market for $18.6 million. Sunset Hills was vacant at the time we sold it and did not serve as collateral for any mortgage borrowings. As of June 30, 2016, Sunset Hills had a net accounting basis of $20.3 million. Following the disposition of Sunset Hills, we estimate that our total real property portfolio was approximately 92% leased as of September 30, 2016.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Dividend Capital Diversified Property Fund Inc. | ||
| October 3, 2016 | ||
| By: | /S/ M. KIRK SCOTT | |
| M. Kirk Scott | ||
| Chief Financial Officer | ||