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![StephenGustin Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1342879591.png) Stephen Gustin [@StephenGustin](/creator/twitter/StephenGustin) on x XXX followers
Created: 2025-05-30 00:19:16 UTC

$FREVS annual letter to shareholders released today. 

"... we are actively evaluating credible acquisition proposals for our properties and exploring all viable strategies."

As a reminder, the company attempted to voluntarily liquidate in January 2020, but the announced buyer of residential RE portfolio refused to close as COVID unfolded. The related litigation finally concluded last summer in the company's favor. Chairman (and largest shareholder) is now XX years old.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1928244785267232793/c:line.svg)

**Related Topics**
[acquisition](/topic/acquisition)
[$frevs](/topic/$frevs)

[Post Link](https://x.com/StephenGustin/status/1928244785267232793)